Recently, in Setter Capital, Inc. v. Chateauvert, Justice Andrea Masley of the Commercial Division ruled that the issue of whether a court has personal jurisdiction over a defendant is relevant to determining whether to grant...more
In Magomedov et al. v. Lebedev et al., an opinion dated February 19, 2019, Justice Saliann Scarpulla of the Commercial Division dismissed most claims related to a Russian oil joint venture as time-barred under the statute of...more
The arrival of the new year is a bittersweet time for the Commercial Division as it bids farewell to two of its most senior judges: Justice Charles E. Ramos and Justice Eileen Bransten. Notably, both will be staying on to...more
On July 5, 2018, Justice Saliann Scarpulla of the Commercial Division granted a motion to dismiss by All Nippon Airways, Co. Ltd., ANA Aircraft Technics, Co., Ltd., ANA Base Maintenance Technics, Co., Ltd., ANA Holdings,...more
In 2017, the New York Commercial Division continued to implement new rules and refine existing rules in order to streamline litigation in the court. The year also saw some key decisions by the Commercial Division as well as...more
1/3/2018
/ Amended Rules ,
Arbitration Agreements ,
Bad Faith ,
Business Litigation ,
Cayman Islands ,
Class Action ,
Commercial Court ,
Credit Default Swaps ,
Deutsche Bank ,
Limited Liability Company (LLC) ,
Litigation Strategies ,
Mandatory Arbitration Clauses ,
Operating Agreements ,
Personal Jurisdiction ,
Settlement Offer ,
Usury ,
Verizon
In the past, a foreign bank’s use of correspondent bank accounts in the United States to facilitate wire transfers has not necessarily given New York courts a sufficient basis for jurisdiction over the bank. But a recent 4-3...more
1/25/2017
/ Appeals ,
Bank Accounts ,
Banks ,
Breach of Duty ,
Civil Conspiracy ,
Dismissals ,
Foreign Banks ,
Money Laundering ,
Personal Jurisdiction ,
Reversal ,
Substantial Nexus ,
Wire Transfers