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Akerman LLP

New York Court of Appeals Reaffirms the Separate Entity Rule

Akerman LLP on

On October 23, 2014, the New York Court of Appeals issued an opinion in Motorola Credit Corp. v. Standard Chartered Bank, --- N.E.3d ----, 2014 WL 5368774, 2014 N.Y. Slip Op. 07199 (N.Y. Oct. 23, 2014), reaffirming New York's...more

Bracewell LLP

Assets in Foreign Branches Off Limits to Domestic Judgment Creditors

Bracewell LLP on

New York’s high court announced last week that banking institutions with branches in New York are shielded from judgment creditors attempting to collect on customer assets held at foreign branches of the same bank....more

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