In one of the most publicized terms for the U.S. Supreme Court, one June decision has not received the attention it deserves: Truck Insurance Exchange v. Kaiser Gypsum Company Inc. Truck upends decades of Chapter 11...more
10/30/2024
/ Asbestos ,
Bankruptcy Trustees ,
Chapter 11 ,
Commercial Bankruptcy ,
Creditors ,
Debtors ,
Insurance Claims ,
Real Party in Interest ,
Reorganizations ,
SCOTUS ,
Truck Insurance Exchange v Kaiser Gypsum Co Inc
Plaintiffs’ counsel rejoice, defense counsel take note, and businesses beware. Daimler has been diminished and businesses are no longer only subject to general jurisdiction in states in which they are incorporated or...more
6/29/2023
/ Business Litigation ,
Constitutional Challenges ,
DaimlerChrysler v Bauman ,
General Jurisdiction ,
Mallory v Norfolk Southern Railway Co ,
Out-of-State Companies ,
Personal Jurisdiction ,
Registration Requirement ,
SCOTUS ,
State of Incorporation ,
Statutory Interpretation
A recent New York Court of Appeals decision clarified the contours of one of the most foundational legal principles: personal jurisdiction.
In Aybar v. Aybar, the Court, in a 5-2 decision, held that foreign corporations...more