As one of the world’s leading commercial centers, where many foreign businesses maintain significant assets, the state of New York is a frequent forum for the recognition and enforcement of judgments rendered by courts outside the United States. At the same time, the legal and procedural aspects of judgment recognition in the U.S. generally, and in New York in particular, may be unfamiliar and perhaps counter-intuitive to many non-U.S. lawyers and business persons. This article provides an introduction that we hope will provide context and clarity for those interested in this critical phase of the litigation process.
The following article is based on a webinar recently presented by Juan Miguel Martínez Mendieta of the Mexico City law firm of Ibarra del Paso y Gallego and Jeffrey Greilsheimer and Eric Lindquist of the New York law firm of Fox Horan & Camerini LLP.
The article can be downloaded here