Key Takeaways:
The U.S. Supreme Court unanimously held that a party cannot establish the U.S. commercial nexus required to invoke the FSIA’s expropriation exception by alleging a foreign state expropriated property in...more
3/13/2025
/ Commercial Litigation ,
Expropriation ,
Foreign Governments ,
Foreign Sovereign Immunities Act of 1976 (FSIA) ,
International Jurisdiction ,
Jurisdiction ,
Litigation Strategies ,
Popular ,
Republic of Hungary v Simon ,
SCOTUS ,
Statutory Interpretation ,
United States
A bipartisan group of Senators, with the support of the American Bankers Association, recently introduced bill S.2563, known as the ILLICIT Cash Act. The acronym “ILLICIT” stands for “Improving Laundering Laws and Increasing...more
9/30/2019
/ Anti-Money Laundering ,
Banking Sector ,
Beneficial Owner ,
Data Collection ,
Data-Sharing ,
Financial Institutions ,
Financial Transactions ,
FinCEN ,
Law Enforcement ,
Popular ,
Proposed Legislation ,
Reporting Requirements ,
Shell Corporations ,
Suspicious Activity Reports (SARs)