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Second Circuit Follows Its Kiobel Decision

Assumes "Hypothetical" Subject Matter Jurisdiction; Affirms a Strict Rule for Finding Alter Ego Liability for an Instrumentality of a Non-U.S. Sovereign By: Louis M. Solomon Shan v. China Construction Bank Corp., No. 10-2992-cv (unpublished) [ an enhanced version of this opinion...

Supreme Court Rules on Exercise of Personal Jurisdiction over Foreign Companies

View Media On June 27, 2011, the Supreme Court of the United States issued opinions in Goodyear Luxembourg Tires v. Brown , 564 U.S. ___ [1] , [ enhanced version available to lexis.com subscribers / unenhanced version available from lexisONE Free Case Law ] and J. McIntyre Machinery, Ltd. v. Nicastro...

August 31 Amnesty Deadline for Indian Bank Accounts

DOJ and IRS Pair Up to Target Indian Off-Shore Bank Accounts at HSBC View Media Anyone with an off-shore bank or brokerage account in India who has not yet reported the account on his or her tax return has until August 31, 2011 to take advantage of a U.S. government-sponsored amnesty program...

U.S. Supreme Court Decisions Limit Jurisdiction for Suits against Foreign Suppliers

By John L. Watkins, Partner, Barnes & Thornburg LLP On June 27, 2011, the United States Supreme Court issued two decisions that limit the ability of U.S. courts to assert jurisdiction against foreign manufacturers if their contacts with the state in which suit is brought are...

Cross-Border Business Benefits of Malta Tax System--US-Malta Treaty

By Sanford J. Davis, Mitchell R. Kops, William Kambas and Theodore Ahlgren Excerpt: 2011 Emerging Issues 5869 SUMMARY : Malta has emerged as an increasingly attractive jurisdiction for multinational enterprises. In recent years, Malta has entered the EU and revised its banking and tax...

Fulbright Briefing : The United States and Other Nations Expand Sanctions Against Iran

By: Stephen M. McNabb , Marsha Z. Gerber , Stefan Reisinger and Mary Beth Balhoff On November 21, 2011, the United States announced three measures designed to enhance sanctions on Iran. The President issued an Executive Order authorizing the Secretary of State to impose sanctions on foreign...

The United States and Other Nations Expand Sanctions Against Iran

Fulbright Briefing Stephen M. McNabb , Marsha Z. Gerber , Stefan Reisinger and Mary Beth Balhoff On November 21, 2011, the United States announced three measures designed to enhance sanctions on Iran. The President issued an Executive Order authorizing the Secretary of State to impose sanctions on...