FASB’s Invitation to Comment – Agenda Consultation
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on its Invitation to Comment - Agenda Consultation (the “ITC”).
Summary
Court:
New York Court of Appeals
Amicus Issue:
Whether, and the extent to which, derivative actions against non-U.S. companies can be litigated in New York state courts, as opposed to in the country in which those companies are incorporated.
Counsel of Record:
Sullivan & Cromwell LLP
Robert J. Giuffra, Jr.
David M.J. Rein
Justin J. DeCamp
Other Amici:
Institute of Int’l Bankers
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