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News
May 18, 2015

Proposed Bill Aims to Force Foreign Companies to Submit to the Jurisdiction of New York Courts

New York lawmakers are considering legislation that would “make foreign companies submit to the jurisdiction of New York courts as a condition of doing business in the state” in an effort to draw more corporate litigants into its courts.

Some legal experts, however, say that law would be at odds with the recent U.S. Supreme Court ruling in Daimler AG v Bauman. In that ruling, the court “decided unanimously to put restrictions on lawsuits filed against foreign companies in the U.S. that concern actions that took place abroad.”

That ruling is considered a strike against “litigation tourism”. Some say the proposed New York legislation would be unfriendly to foreign business and could “discourage outsiders from considering business in New York.”

Read the full story here.

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