On September 19, Bruce Marks, Founder and Managing Director of Marks & Sokolov, speaks at the session “Liability Under Control” during Pravo.RU’s conference on “Subsidiary Liability of Company Executives and Owners.” The conference explores critical issues such as managing business risks, distinguishing legitimate risk-taking from bad faith, and evaluating the effectiveness of subsidiary liability as a tool for creditor protection. Bruce Marks will present on “Enforcement of subsidiary liability judgments in the USA: problems of proper notice, liability, and calculation of damages.” He shares practical insights on why American courts frequently refuse to recognize foreign money judgment related to subsidiary liability, highlighting challenges in procedural notice, legal standards for personal and corporate liability, and damage calculation in international disputes.
Bruce Marks is a founder and managing member of Marks & Sokolov LLC, an international law firm with offices in the U.S. and Russia. For over 25 years, he represented clients in some of the most complex and high-stakes legal disputes bridging East and West—particularly those involving the Russian Federation and the United States.
