Law360, New York (April 18, 2012, 12:38 PM EDT) -- In a decision that may reverberate beyond the antitrust context, New York’s highest court — the Court of Appeals — held that the state’s antitrust statute lacks the extraterritorial scope to reach a purely foreign alleged antitrust conspiracy. The decision could have broad implications for substantive claims brought under New York state law and could even affect how judgments are enforced under New York law.
The Global Re Decision
In Global Reinsurance Corp. - U.S. Branch v. Equitas Ltd., the New York branch of a German...
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