In 2024, U.S. courts issued consequential decisions in cases brought against foreign states and their agencies and instrumentalities under the Foreign Sovereign Immunities Act (“FSIA”). This alert summarizes key decisions in...more
3/19/2025
/ Arbitration ,
Enforcement Actions ,
Expropriation ,
Foreign Relations ,
Foreign Sovereign Immunities Act of 1976 (FSIA) ,
Foreign Sovereigns ,
International Arbitration ,
Jurisdiction ,
National Security ,
Popular ,
SCOTUS
On February 27, the staff of the Division of Corporation Finance (the “Staff”) of the Securities and Exchange Commission (“SEC” or “Commission”) released a statement concerning meme coins (“Statement”) with the stated...more
The March decision in Williams v. Binance from the U.S. Court of Appeals for the Second Circuit marks the latest chapter in the judiciary's struggle to apply the U.S. Supreme Court's 2010 decision in Morrison v. National...more
5/3/2024
/ Asset Tokens ,
Blockchain ,
Broker-Dealer ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Digital Wallets ,
Foreign Exchanges ,
Fraud ,
Investors ,
Securities Exchange Act ,
Securities Tokens ,
Smart Contracts ,
Trading Platforms ,
Unregistered Securities
The due process framework that has cabined personal jurisdiction over nationwide and global businesses for the last eight decades — since the U.S. Supreme Court's 1945 ruling in International Shoe Co. v. Washington — looks...more
10/26/2023
/ Consent ,
Constitutional Challenges ,
Due Process ,
Foreign Corporations ,
Interstate Commerce ,
Mallory v Norfolk Southern Railway Co ,
Out-of-State Companies ,
Personal Jurisdiction ,
Principal Place of Business ,
Registration Requirement ,
SCOTUS