Robert J. Giuffra Jr.

Sullivan & Cromwell discusses Second Circuit’s Application of Morrison v. National Australia Bank

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SUMMARY

On August 15, 2014, in a case of first impression involving cross-border securities-based swap transactions, the Second Circuit held that the presumption against the extraterritorial application of Section 10(b), announced by the U.S. Supreme Court in Morrison v. National …

Sullivan & Cromwell discusses Forum Non Conveniens Doctrine in Cases Having Peripheral Connection to New York Banking System

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In an opinion issued on April 8, 2014,[1] the New York Court of Appeals unanimously dismissed on forum non conveniens grounds a case arising from a foreign exchange transaction between a bank in the United Arab Emirates and a general …