NY Court of Appeals Rules Courts May Order Banks to Deliver Assets Located Outside the State | Practical Law

NY Court of Appeals Rules Courts May Order Banks to Deliver Assets Located Outside the State | Practical Law

An update on the New York Court of Appeals' decision in Koehler v. Bank of Bermuda, Ltd., holding that New York courts may order a bank to deliver assets located outside the state as long as New York has personal jurisdiction over the bank holding the assets.

NY Court of Appeals Rules Courts May Order Banks to Deliver Assets Located Outside the State

by PLC Finance
Published on 17 Jun 2009New York
An update on the New York Court of Appeals' decision in Koehler v. Bank of Bermuda, Ltd., holding that New York courts may order a bank to deliver assets located outside the state as long as New York has personal jurisdiction over the bank holding the assets.