Defending Actions for the Enforcement of Foreign Money Judgments in New York: Developments and Strategic Considerations

Please join our panelists, litigation partners Antonio Perez-Marques, who argued the Albaniabeg vs. Enel appeal, and Frances Bivens, a leader of Davis Polk’s international arbitration practice, for a discussion of the unique issues involved in defending claims at the enforcement phase, and the impact of the Enel decision. Topics discussed include:

• Availability of defenses to enforcement of foreign money judgments under New York law.
• Potential jurisdictional defenses and impact of the First Department’s Enel decision.
• Similarities and distinctions with respect to enforcement of foreign arbitral awards, and potential implications for forum selection.