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Case of the Day: In re VUZ-Bank JSC
The case of the day is In re VUZ-Bank JSC (W.D. Va. 2022). VUZ is a Russian bank. It sought discovery in Virginia for use in potential criminal proceedings in Dubai, that it said arose out of a fraud on the bank by Rus-AgroExport LLC, Hakan Holdings Ltd., and Hakan Agro DMMC. VUZ brought a……
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Lago Agrio: Dutch Appellate Court Affirms Decision Rejecting Ecuador’s Challenge to Arbitral Award
I’m a little late to this, but there has been a significant development in the investment treaty dispute between Chevron and Ecuador. As long-time readers know, an arbitral tribunal found that the Lago Agrio judgment was fraudulent and that Ecuador was liable to Chevron and had an obligation to suspend the Ecuadoran judgment’s enforceability. Ecuador……
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Case of the Day: SEC v. Knox
The case of the day is SEC v. Knox (D. Mass. 2022). The SEC brought a fraud case against Roger Knox. Knox had used entities allegedly owned by Michael Gastauer to launder the proceeds of the fraud. Michael had transferred some of the laundered money to his father, Raimund Gastauer, and to entities the SEC……
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Türkiye Halk Bankasi v. United States: Supreme Court Grants Cert.
The Supreme Court will review the Second Circuit’s decision in Türkiye Halk Bankasi, A.Ş v. United States, a decision rejecting the argument that the United States cannot criminally prosecute a foreign company owned by a foreign sovereign. Paul Stephan has an excellent post about the case at the Transnational Litigation Blog. I don’t want to……
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Locality
A court in Israel has ordered the government there to recognize marriages conducted by an officiant in Utah between Israelis attending remotely via videoconferencing from Israel. Why, you ask, would Israelis be interested in being married under Utah law? Under Israeli law, as under the law of the Ottoman Empire and the British Mandate that……