
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?