New York Court of Appeals to consider vast expansion to Koehler: turnover of assets at a non-US subsidiary

The US Court of Appeals for the Second Circuit recently certified to the New York Court of Appeals two questions concerning the ability of a judgment creditor to garnish accounts of judgment debtors at non-US subsidiaries of banks that have branches in New York or are otherwise subject to jurisdiction in New York.

Filed under:
USA, Banking, Insolvency & Restructuring, Litigation, Mayer Brown, Personal property, Subsidiary, Second Circuit, US District Court for the Southern District of New York
Authors:
Mark G. Hanchet , Christopher J. Houpt , Alex C. Lakatos
Location:
USA
Firm:
Mayer Brown