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Expert Analysis

NY Law May Remain Best Bet For Enforcing Foreign Awards

By Oksana Wright and Philip Langer (September 11, 2019, 4:18 PM EDT) -- As a practical matter, a monetary judgment rendered by a court can be enforced and collected in a jurisdiction where the judgment-debtor has assets. For this reason, it is common — particularly in the cross-border transactions realm — for the judgment-creditors to look beyond the country where they obtained a money judgment in order to actually enforce and collect on that judgment....

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