The courts of New York provide an attractive forum for litigants around the world for many reasons, including the reliability and predictability of the New York courts, New York’s well-developed law and discovery regime, and the position of New York City as a major international financial center. In large part, New York’s highest court sets the parameters for determining which disputes the New York courts will entertain. In each of the four international cases decided by the New York Court of Appeals in 2012, the events giving rise to the dispute occurred primarily, if not exclusively, outside of the United States. The decisions in these cases provide some insight into the circumstances under which foreign litigants can successfully access the New York courts.
Commercial Contracts
In the purely commercial context, both the New York Legislature and the Court of Appeals have made clear that the New York courts are open to parties whose disputes arise out of significant commercial contracts, even where the transaction in question has no connection at all to New York.
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