A new bill before the District of Columbia Council could help parties trying to collect on foreign money judgments, according to attorneys supporting the law.
Enforcing these judgments can be a tricky business, often involving a global hunt for assets and defendants. Having a U.S.-based court put its weight behind a judgment — assuming the case has local ties — can help. The problem, according to attorneys familiar with these cases, is that procedures in place to guide local courts through recognizing foreign judgments are outdated and unclear in many states and the District of Columbia.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
