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Full-Text Articles in Law
Verlinden B.V. V. Central Bank Of Nigeria: Expanding Jurisdiction Under The Foreign Sovereign Immunities Act, Patricia E. Bergum
Verlinden B.V. V. Central Bank Of Nigeria: Expanding Jurisdiction Under The Foreign Sovereign Immunities Act, Patricia E. Bergum
Northwestern Journal of International Law & Business
In 1976 Congress enacted the Foreign Sovereign Immunities Act' to clarify the law surrounding actions in United States federal courts against foreign states. Congress intended to establish "the sole and ex- clusive standards to be used in resolving questions of sovereign immu- nity" The Act provides comprehensive guidelines on when and how a party can bring suit against a foreign state. By contrast, Verlinden B. V v. Central Bank of Nigeria addresses who can bring suit under the Act. In Verlinden, the Supreme Court interpreted the Act to enable not only domestic plaintiffs, but also foreign plaintiffs, to sue foreign …
Foreign Banking In Indonesia, Robert N. Hornick
Foreign Banking In Indonesia, Robert N. Hornick
Northwestern Journal of International Law & Business
The purpose of this article is to discuss the regulation of foreign banking in Indonesia, including the regulation of onshore and offshore banking activities, and local security devices. Although the offshore business of foreign banks has been relatively more active over the years than the onshore business, there has been a recent sharp increase in on- shore business, and some indication of a more sympathetic attitude to onshore foreign banking by the regulatory authorities. This suggests that it is an appropriate time for surveying the foreign bank regulations of Indonesia.