SIFMA submitted an Amicus “Friend of the Court” Brief 

Court:  

New York Court of Appeals   

Amicus Issues: 

Whether the separate entity rule precludes a judgment creditor from ordering a garnishee bank operating branches in New York to turn over a debtor’s assets in foreign branches of the bank. Whether the separate entity rule precludes a judgment creditor from ordering a garnishee bank operating branches in New York to restrain a debtor’s assets held in foreign branches of the bank.  

Counsel of Record: 

Skadden, Arps, Slate, Meagher and Flom LLP  

Scott D. Musoff 

Timothy G. Nelson 

Amanda Raymond Kalantirsky 

Other Amici: 

None.