North Korea's removal from a list of state sponsors of terrorism while a case claiming it provided the weapons used in a 1972 attack was pending has led the Second Circuit to refuse to allow the attachment of $378 million in funds recovered in a default judgment.
Paul M. Ellington, Appellant v. EMI Music, Inc., et al., Defendants, EMI Mills Music, Inc., Respondent, No. 156
Duke Ellington's Heirs Lose Challenge to 1961 Contract
Motorola Credit Corporation, Appellant-Respondent, Nokia Corporation, Plaintiff-Counter-Defendant, Motorola, Inc., et al., Counter-Defendants v. Standard Chartered Bank, Respondent-Appellant, Murat Hakan Uzan, et al., Defendants-Counter-Claimants, Kemal Uzan, et al., Defendants, No. 162
Creditors Barred From Tapping Foreign Branches of U.S. Banks
In this Special Report from the New York Law Journal: "Corporate Culture and Compliance in the 21st Century," "An Opportunity to Improve Disclosure," "FINRA Proposes Margin Requirements for the TBA Transactions Market" and "The Rise of 'Failure to Prevent' Crimes and CCO Liability."