Lovells LLP, an international law firm, said that the U.S. Court of Appeals for the Second Circuit affirmed a lower court's dismissal of a case, brought under the Alien Tort Statute, against Lovells' client Talisman Energy Inc. (TLM,TLM.TO).
In affirming the dismissal of the case against Talisman Energy, the Court of Appeals not only emphasized that there was no evidence of any improper conduct by the company but also set a high bar for future Alien Tort Statute cases.
In the Second Circuit, including New York federal courts, claims that a corporation aided and abetted or conspired with a foreign government no longer can be maintained unless the company acted with the purpose of facilitating violations of international law.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.