Joseph E. Neuhaus

Venezuela Withdraws From ICSID: President Hugo Chavez Follows Through on Threats to Abandon the Widely-Used Investor-State Arbitral Forum
Sergio J. Galvis,Joseph E. Neuhaus, January 30, 2012
On January 24, 2012, the Government of Venezuela formally denounced the ICSID Convention, triggering its withdrawal from the investor-State arbitration forum. Venezuela’s decision follows the withdrawal of Bolivia and Ecuador from the Convention in 2007 and 2009, respectively....

The Second Circuit Curbs ERISA “Stock Drop” Class Actions: Following Other Circuits, the Second Circuit Adopts the Moench Presumption of Prudence, Which Limits Liability of ERISA Fiduciaries for Losses Suffered in Employer-Sponsored Retirement Plans
Marc De Leeuw,Robert J. Giuffra,Suhana S. Han,Joseph E. Neuhaus,Richard C. Pepperman,Max J. Schwartz,Jeffrey T. Scott, October 31, 2011
In the wake of the financial crisis, the plaintiffs’ bar has increasingly brought so-called ERISA “stock drop” actions against issuers, particularly financial institutions, that suffered large stock losses. Often brought as “tag alongs” to putative shareholder...

Foreign Sovereign Immunity: U.S. Court of Appeals Rules Argentine Central Bank Reserves Immune from Attachment and Execution
Sergio J. Galvis,Joseph E. Neuhaus, July 18, 2011
In an important sovereign immunity decision, the United States Court of Appeals for the Second Circuit ruled last week that the immunity provided to central bank assets in the Foreign Sovereign Immunities Act (the “FSIA”) does not depend on whether the central bank is...