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Mobil Cerro — Second Circuit Clarifies Procedures For Enforcing ICSID Arbitration Awards

For more than thirty years prior to this summer, the procedures governing how the holder of a monetary award against a foreign sovereign issued in an arbitration before the International Centre for Settlement of Investment Disputes (“ICSID”) could enforce that award, that is, turn it into an enforceable judgment, were not at all clear. Two …

Vermont and Colorado Adopt Cybersecurity Regulations for Investment Advisors and Broker-Dealers

Following somewhat quickly in the footsteps of New York, whose cybersecurity regulations for financial services organizations supervised by the state’s Department of Financial Services took effect in March, Vermont and Colorado have implemented cybersecurity for investment advisors and broker-dealers who conduct business in those states.  These regulations are in effect now. While not, in most …

Midtown East Rezoning Approved by Unanimous Vote

On August 9, 2017, the New York City Council adopted the Greater East Midtown rezoning by unanimous approval.  The rezoning should spur new office space, more public spaces in certain instances, and improved public transit.  The rezoning is aimed to help Midtown East remain the city’s paramount business sector, as Hudson Yards and other sites …

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