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Commercial Division Blog

Current Developments in the Commercial Divisions of the
New York State Courts
Posted: January 17, 2015

Transcripts and Videos of Arguments in the Court of Appeals for the Week of January 5, 2015, Now Available

On December 30, 2014, we noted two cases of interest from the oral arguments for the week of January 5, 2015:

  • No. 3: Elmaliach v. Bank of China Limited (considering whether plaintiffs’ claims against a Chinese bank for transferring funds used to finance terrorist attacks in Israel are governed by Israeli law, under which a bank can be liable for torts committed by its customers against non-customers, or New York or Chinese law, which recognizes no such liability). See the transcript and the video.
  • No. 5: BDC Finance L.L.C. v. Barclays Bank PLC (interpreting a Delivery of Collateral provision in contracts governing a derivatives transaction). See the transcript and the video.
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