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Regulation Around the World: Open Finance
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
In 1980, the New York Court of Appeals adopted §766 of the Restatement (Second) of Torts as the standard for a cause of action for tortious interference with contract in New York. Guard-Life v. S. Parker Hardware Mfg., 50 N.Y.2d 183, 189-90 (1980); see Alken Indus. v. Toxey Leonard & Assocs., 2013 N.Y. Slip Op. 31864(U), at *5 (Suffolk Co. Aug. 2, 2013). The Restatement defines tortious interference with contract as “intentionally and improperly interfer[ing] with the performance of a contract… between another and a third person by inducing or otherwise causing the third person not to perform the contract.” Restatement (Second) of Torts §766 (Am. L. Inst. 1977). The requirement in this definition of “inducing or otherwise causing” the third person not to perform its contract has been extensively litigated in New York courts, which have required a somewhat heightened pleading standard for that element.
Read the full New York Law Journal article, "Pleading the element of inducement for tortious interference with contract claims."
Publication
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
Publication
In the rural village of Gwanda, Zimbabwe, a mother walks several kilometres each day to find firewood so she can cook for her children.
Publication
Southern Africa is a key focus of attention at the present time, as it faces a perfect storm of an energy emergency due to hydropower generation being severely impacted by reduced water levels due to droughts whilst the demand of its regional miners for clean baseload power rapidly accelerates.
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