The CoA finds that a bank was contractually entitled to comply with foreign court orders – OUT-LAW.com
‘The Court of Appeal (CoA) has dismissed an appeal in which the Republic of Kazakhstan (RoK) and its national bank argued that their custodian bank, Bank of New York Mellon (BNYM), had acted in breach of contract by freezing their assets in accordance with foreign court orders.’
OUT-LAW.com, 26th June 2018
Source: www.out-law.com