Publication
2nd Circuit defers to executive will on application of sovereign immunity
The Second Circuit recently held that federal common law protections of sovereign immunity did not preclude prosecution of a state-owned foreign corporation.
Blockchain law
The fork not taken
New York Law Journal
Is the token holder—often the holder of some form of digital currency—always free to choose which branch of the fork to take?
A blockchain is often envisioned as a record of a single continuous sequential series of transactions, like the links of the metaphorical chain from which the term “blockchain” derives. But sometimes the chain turns out to be not so single or continuous. Sometimes situations can arise where a portion of the chain can branch off into a new direction from the original chain, while the original chain also continues to move forward separately. This presents a choice for the current holders of the digital tokens on that blockchain about which direction they wish to follow going forward. In the world of blockchain, this scenario is termed a “fork.”
Robert A. Schwinger explores recent developments in this edition of his New York Law Journal Blockchain Law column.
Read the entire article, Blockchain law: The fork not taken.
Special thanks to associate Allison L. Silverman for assisting in the preparation of this article.
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Email
robert.schwinger@nortonrosefulbright.com
Recent publications
Publication
Key takeaways from the G7 Competition Summit on Artificial Intelligence
Facing the fast-growing development of AI across the globe, particularly Generative AI (GenAI), the G7 competition authorities and policymakers (Canada, France, Germany, Japan, Italy, the UK and the US) and the European Commission met in Italy on 3-4 October 2024 to discuss the main competition challenges raised by these new technologies in digital markets.
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