The U.S. often touts the “rule of law” as its most important export. But a recent federal appellate decision reveals to foreign countries that America does not practice the principles it espouses.

The opinion in DeJoria v. Maghreb Petroleum Exploration S.A. (5th Cir. 2019) (DeJoria II), shows that, with enough money and influence, an American judgment debtor can change the law retroactively to avoid having to pay a huge overseas judgment.

Click here to read the full article written by Thomas Wolf and Joseph Rainsbury for Bloomberg Law.

Reproduced with permission. Published March 6, 2020. Copyright 2020 The Bureau of National Affairs, Inc. 800-372- 1033. For further use, please visit http://www.bna.com/copyright-permission-request/

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