Casting a wary eye on the competition for big-money business cases posed by the United Kingdom, an advisory panel to New York’s Commercial Division has developed a proposal it says would drive home that “the London Commercial Court is not entitled to a monopoly on large lawsuits.”
The Commercial Division Advisory Council has suggested establishing a “Large Complex Case List” for the management of high-stakes cases. Supporters say the proposal would help stave off competition from across the pond and improve the operations of an overtaxed New York court.
