The U.S. benefits enormously from an open global economy and from the rule of law. Both depend on predictability. If courts blur the distinction between parent corporations and foreign subsidiaries, disregard sovereign objections from allied governments, and create liability untethered from direct operational control, the result will not be greater justice. It will be greater uncertainty. And uncertainty is the enemy of investment, development and international cooperation alike.
By Gerard Scimeca
How far should U.S. law reach beyond U.S. borders? In June, a federal courtroom in St. Louis will confront that question in a case with implications that extend far beyond one Missouri company or one Peruvian town.
The case is Reid … [3925 chars]
Source: Watts Up With That | Published: 2026-05-29T17:10:00Z
Credit: Watts Up With That
