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The end of Rule B attachments of electronic fund transfers in New York

  • Reed Smith LLP
  • -
  • USA
  • -
  • April 7 2010

Oliver Beiersdorf, a Litigation Partner in our New York office, comments on the recent landmark decision of the Shipping Corporation of India Ltd v Jaldhi Overseas Pte Ltd, which has effectively sounded the death knell of so-called "Rule B" maritime attachments