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- Title
Investment Securities.
- Authors
Bjerre, Carl S.
- Abstract
The article discusses the court case Petróleos de Venezuela SA v. MUFG Union Bank NA, wherein the U.S. District Court for the Southern District of New York recognized the enforceability of bonds under the Uniform Commercial Code (UCC) choice-of-law provisions. The court considered the validity of security under the issuer's jurisdiction in its ruling. It explores the internal affairs doctrine in conflict of laws and invalidity of securities issued in violation of constitutional provision.
- Subjects
BONDS (Finance); CONFLICT of laws; SECURITIES; JURISDICTION; UNIFORM Commercial Code; PETROLEOS de Venezuela SA; MUFG Union Bank NA
- Publication
Business Lawyer, 2021, Vol 76, Issue 4, p1371
- ISSN
0007-6899
- Publication type
Article