‘NFT-y’ Service: Service of Process via NFT
Litigation attorneys Andrew Balthazor and Jose Casal co-authored an article featured in the Insolvency and Restructuring International that considers a recent decision by the New York Supreme Court to permit the use of a non-fungible token (NFT) to notify defendants of a lawsuit against them. The authors argue this will be a key mechanism for serving anonymous and evasive defendants in the blockchain space in the future.
This article first appeared in the October 2022 issue of the Insolvency and Restructuring International (Vol. 16, No. 2), and is reproduced by kind permission of the International Bar Association, London, UK. © International Bar Association.