Otos Tech Co Ltd v. OGK America Inc
Where a foreign judgment has been satisfied in the foreign county, but due to fluctuations in the value of the foreign currency, the recovery has been less remunerative than it appeared to be at time of verdict, an overlapping judgment in the US cannot be enforced to "equalize" the recovery.
Recent Precedential Slip Opinions from the U.S. Circuit Courts of Appeals.
Tuesday, August 09, 2011
Third Circuit -- Otos Tech Co Ltd v. OGK America Inc
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Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.
Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.
Author's SSRN page here.