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Defining the Foreign Sovereign Immunity Act – Kyrgyzstan case setting the precedent for future Chapter 11 cases

The future of Chapter 11 bankruptcy cases is changing rapidly as the Foreign Sovereign Immunity Act is dissected and iterated. The case between Kumtor and the Kyrgyzstan government ultimately leads to a globally impactful question: At what point is immunity via the Foreign Sovereign Immunity Act (FSIA) revoked? Is there any legal basis for blatant instances of swift and harsh governmental action within their own jurisdiction?

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Would amending the FSIA help reduce cyber attacks?

The SolarWinds and Colonial Pipeline cyber attacks were devastating. Would amending the Foreign Sovereign Immunities Ac help reduce these types of crimes or provide solid legal recourse for victims? Probably not, legal and cybersecurity experts say. Here’s why.

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Well-intentioned move by the UK will disadvantage underdeveloped nations

The World Bank received a recommendation from the UK to take a "nature-friendly approach" to its investments, limiting funding for coal, oil and gas in favor of climate-friendly initiatives. While this is a well-intentioned move it will have an unfair disparate impact on underdeveloped nations. Africa will be at a particular disadvantage, as it sits atop oil and gas wealth that it is only now beginning to properly exploit.

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