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” Second, the banks argued that complying with the subpoenas would require them to violate Chinese law on Chinese soil, and “ordering a foreign-sovereign-owned bank to violate foreign law on foreign soil violates basic ‘comity’ principles. [read post]
25 Dec 2007, 8:15 am
For example, several sovereign wealth funds are directly managed through the central bank or the finance ministry, such as in Norway and Qatar. [read post]
23 May 2019, 3:45 pm by Patrick S. O'Donnell
“The two-state solution is dead, laid low by a thousand cuts – or, more precisely, by the hundreds of thousands of Israeli settlers in East Jerusalem and the West Bank, whose immovable presence ensures that no genuinely sovereign Palestinian state will ever emerge there. [read post]
16 Sep 2020, 2:26 pm by Dennis Crouch
& Taxation of Com. of Mass., 499 F.2d 60, 62 (1st Cir. 1974) (Bank is a “public governmental body” whose “interests seem indistinguishable from those of the sovereign”) Jet Courier Servs., Inc. v. [read post]
25 Apr 2012, 4:09 am by Louis M. Solomon
Sovereign (0) Strict Application of FSIA Requirements and “Separate Entity” Rule for Banks Determine Priority in Disputed International Litigation Over Blocked Iranian Assets (0) [read post]
12 Sep 2011, 10:42 am by Josh Sturtevant
He therefore attributes the current troubles facing them to a sort of sovereign bank run. [read post]
1 Feb 2012, 4:30 pm by James Hamilton
Any consequent withdrawal of market-making services by banks would reduce liquidity in sovereign markets, he noted, which in turn would engender greater volatility and make it more difficult, riskier and costlier for countries such as the UK to issue and distribute their debt. [read post]
27 Jan 2017, 8:00 am by Dan Ernst
This theory viewed the national government as a sovereign government and Congress as a sovereign legislature imbued with the countless legislative powers that sovereign legislatures possesses. [read post]
18 Aug 2012, 9:25 am by Allan
This needs to be formally recognized, preferably by the UN, and by all Western nations. and (the flip side) 2) The Palestinians WILL have a FULLY sovereign state in the West Bank and Gaza. [read post]
20 Apr 2020, 10:36 am by Anna Gelpern
In the run-up to last week's all-virtual IMF-World Bank-G-20 meetings, a chorus of private and public sector, NGO, think tank and academic voices (me included) had called for some version of a pandemic-themed pause on sovereign debt payments. [read post]
13 Sep 2012, 3:00 am by Ted Folkman
The issue on appeal was whether post-judgment discovery concerning Argentina’s assets violated Argentina’s sovereign immunity under the FSIA. [read post]
24 Apr 2008, 9:15 am
SEC Has Int'l Enforcement Ability Regarding Sovereign Wealth FundsSeeking to allay the fears of Senate Banking Chair Christopher Dodd, an SEC senior official outlined the Commission's enforcement capabilities with regard to sovereign wealth funds. [read post]
22 Nov 2010, 11:04 am by admin
    The showdown between the Pequots and their lenders, which include Bank of America Corp. and Wells Fargo & Co., has raised what was once an unthinkable question: What happens if a sovereign tribe defaults? [read post]
30 Jan 2015, 8:11 pm
(Pix (c) Larry Catá Backer 2015)I have been writing about the Norwegian Sovereign Wealth Fund (the Government Pension Fund Global) (See here and here and here). [read post]