Beyond COVID-19: Crisis response or road to recovery?
Crisis response or road to recovery?
Norton Rose Fulbright’s global blockchain and cryptocurrency team has produced a global legal and regulatory guide to cryptocurrencies.
The guide is issued in a series of chapters, published monthly.
To date, most litigation involving cryptocurrency has related to breach of contract and fraud (the Butterfly Labs case) or insolvency (Mt Gox). However, as cryptocurrencies become more widely used it is reasonable to expect that the litigation risk surrounding them will also increase.
A common narrative in the cryptocurrency space is that the public ledger and cryptocurrency units are somehow beyond the reach of the state and the courts. This is partly because, from a practical point of view, decentralised peer-to-peer networks are governed and operated on the principle of distributed consensus and are designed to frustrate the possibility of third-party interference – including that of the courts. This narrative is misleading. In many cases, courts will be able to exert control over individuals in their jurisdiction to compel the disclosure of private keys and thereby access cryptocurrency. That process is a common thread which we will explore in this chapter.
In this chapter we will consider:
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As the global aviation industry looks towards post-pandemic recovery and less turbulent skies, it is the topic of decarbonisation that is increasingly top of everyone’s agenda. There have been a number of eye-catching announcements around the world in recent weeks, from United Airlines announcing its intention to purchase 100 electric aircraft, an increased focus on the use of sustainable aviation fuel (SAF) from several airlines, and Korean Air utilising the green bond markets.
© Norton Rose Fulbright LLP 2021