U.S. District Court Treats French Blocking Statute, Swiss Bank Secrecy Law Differently in Same Case on Same Set of Facts

04/24/2015

The U.S. District Court for the Southern District of New York recently upheld subpoenas requesting banks to produce documents kept in France but quashed those seeking documents held in Switzerland, highlighting the different treatment that U.S. courts afford the French blocking statute and the Swiss bank secrecy law (Motorola Credit Corp. v. Uzan, No. 02-CV-666 (JSR), 2014 BL 360203 (S.D.N.Y. Dec. 22, 2014)).

Excerpted from Bloomberg BNA's World Data Protection Report, Volume 15, Number 4, April 2015. To read the full article, click here.

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