Crypto Case Squibs: Swiss Defendants in U.S. Courts

Stephen Palley
Sep 4, 2018 · 1 min read

Picard v. Cohmad Sec. Corp. ETC (In re Bernard Madoff Inv. Sec. LLC), 418 B.R. 75 (Bankr. S.D.N.Y. 2009)(Swiss joint tenancies were properly served under F.R.C.P. 4(f) and Court had personal jurisdiction over them in SIPA litigation given their minimum contacts with contacts with the state; “but for Defendants’ financial transactions to and from” NY bank accounts, no cause of action against them could exist).

Starr International, Inc. v. United States of America, 2017–2 U.S. Tax Cas. (CCH) P50,307 (D.D.C. 2017) (Swiss Foundation not entitled to benefit under US-Swiss tax treaty where at least one of Foundation’s principle purposes for moving to Switzerland was to obtain the benefit).

Stephen Palley

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Itinerant slant rhymer. Lawyer. “I contain multitudes”.