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Distress signals: Cooperation agreements or mergers to the rescue in times of crisis?
The current volatile and unpredictable economic climate creates challenges for businesses.
When can a state claim immunity from legal proceedings and enforcement of a judgment in courts that are not its own? Most legal systems recognize that, at least in some circumstances, the courts are not the appropriate forum for resolving disputes involving states. In the worst case scenario, this can leave a creditor without a remedy against a defaulting state.
We have produced a global guide to ‘State immunity’ as part of our NRF Institute, which sets out the essential information needed by financial institutions lending to, or by corporates transacting with, sovereign entities. It contains answers to the key questions presented country by country and in a comparative format.
You can use the guide to:
For state immunity advice please speak to your usual Norton Rose Fulbright contact or one of the core team members listed below.
To request access to ‘State immunity’, please register to join NRF Institute.
Registration indicates acceptance of the terms and conditions which include important information about how our product will be delivered.
Members of NRF Institute can access a range of premium content including knowledge hubs and cross-border guides.
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The current volatile and unpredictable economic climate creates challenges for businesses.
Publication
Recent tariffs and other trade measures have transformed the international trade landscape, impacting almost every sector, region and business worldwide.
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In mid-March 2025, Cognia Law and Norton Rose Fulbright’s Legal Operations Consulting team co-hosted a second roundtable event that brought together senior leaders, including GCs, COO and head of legal operations, from across the legal industry to discuss how to drive meaningful change within the legal ecosystem.
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