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.
How can you ensure risk allocation appropriately meets your needs as a business? What liability caps should be subject to exceptions? Do the indemnities reallocate risk in the way you intend?
These are all essential questions to consider when looking at contractual provisions dealing with liability and indemnification in outsourcing, technology and transitional services agreements. A number of recent cases have had an impact on such provisions, and there have also been changes in industry norms. Businesses need to be aware of these developments when negotiating optimal liability and indemnification regimes in such contracts.
Publication
The Second Circuit recently held that federal common law protections of sovereign immunity did not preclude prosecution of a state-owned foreign corporation.
Publication
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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