Michael H. Park

Michael H. Park

Dechert LLP

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DOJ Probes Subprime Auto-Lending under FIRREA

Two of the largest subprime auto-lenders disclosed last week that they have received subpoenas from the U.S. Department of Justice (DOJ). The U.S. Attorney’s Office for the Southern District of New York is leading an...more

8/12/2014 - Automotive Loans DOJ Enforcement Enforcement Actions FIRREA Investigations Subpoenas Subprime Mortgages

U.S. Supreme Court Curbs Extraterritorial Reach of the Alien Tort Statute

Last week, the U.S. Supreme Court issued its decision in Kiobel v. Royal Dutch Petroleum Co., No. 10-1491 pertaining to the reach of the Alien Tort Statute (“ATS”). This decision states that the ATS does not apply to conduct...more

4/25/2013 - Alien Tort Statute Extraterritoriality Rules Foreign Corporations Jurisdiction Kiobel v. Royal Dutch Petroleum Co. SCOTUS

U.S. Lawsuits Against Non-U.S. Banks; Recent and Expected Changes

Two recent developments in U.S. law may be of special interest to non-U.S. clients, especially foreign banks. First, the highest appellate state court in New York issued a decision on November 20, 2012 holding that a Lebanese...more

12/12/2012 - Foreign Banks Long Arm Statute Personal Jurisdiction

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