Davis LLP's Brandon Barnes is quoted in the March 18, 2013 issue of Law Times, in which he explains why dividing assets from the liquidation of Nortel Networks through a cross-border joint trial is a creative approach that should be applauded.
"I think it’s quite a wise decision in the sense there is a reluctance sometimes to acknowledge the limits of the jurisdiction of the court,” he says in the interview. “By that I don’t mean the legal jurisdiction but the geographic jurisdiction. There’s a tendency to think ‘the assets are overseas and it’s out of our reach.’ Looking at this from a global perspective and recognizing the business of Nortel was essentially global in nature, why not allow the courts to rise to that level?”
A version of the print edition is available on the Legal Feeds blog.
Barnes has also written on this issue in the Davis LLP Litigation Blog.