Enforcing Judgments Against Foreign Debtors in the U.S.

On January 3, New York litigation and international arbitration counsel Gregory A. Litt spoke on a panel on “Enforcing Judgments Against Foreign Debtors in the U.S.,” presented by teleconference by the ABA Section on Antitrust Law's Business Torts and Civil RICO Committee. The program focused on developments in the law regarding the "separate entity rule," a long-standing rule in New York and some other U.S. jurisdictions that treats unincorporated bank branches as separate jurisdictional entities from their sister branches in other countries for judgment enforcement purposes.