Does GOL §5-1402 Trump Business Corporation Law §1312?

, New York Law Journal


In his Contract Law column, Glen Banks, a partner at Norton Rose Fulbright (Fulbright & Jaworski), analyzes a recent decision on an issue that could have a broad impact upon foreign parties choosing New York law to govern a contract: When the General Obligations Law allows a New York court to hear a breach of contract claim, can the Business Corporation Law be used to bar a foreign corporation from asserting that claim in a New York court?

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