The year 2014 has seen three key decisions by US courts clarifying the extent to which non-US banks that maintain a branch in New York can be sued in the United States.
With a number of Australian banks now having a branch or office presence in New York, these recent cases confirm that Australian banks have a solid legal basis for resisting subpoenas, court orders and the like served only on their New York offices, but which seek documents and/or assets held outside the United States.
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