News & Analysis as of

Economic Sanctions Jurisdiction Russia

K&L Gates LLP

New Office of Financial Sanctions Implementation Financial Services Threat Assessment

K&L Gates LLP on

On 13 February 2025, the Office of Financial Sanctions Implementation (OFSI) published its assessment of suspected sanctions breaches involving financial services firms since February 2022 (the Assessment). The Assessment...more

Mayer Brown

Cross-Jurisdictional Clashes In the RCA v. Linde Dispute: Latest Developments

Mayer Brown on

AT A GLANCE - It is important for foreign investors with assets and operations in Russia to know the options available to them and how different options may impact their investment protection and chances of bringing...more

Jenner & Block

The Unintended Consequence of Russian Sanctions

Jenner & Block on

The wave of Russian sanctions imposed since the invasion of Ukraine has led to counter measures by the Russian state which are now having significant practical consequences for parties caught up in disputes with Russian...more

Seward & Kissel LLP

Changes Are Coming

Seward & Kissel LLP on

Elections, as they say, have consequences. That bit of political wisdom certainly will be true again this time around—our president-elect has been announcing appointees for cabinet positions that are bound to bring about...more

Pillsbury Winthrop Shaw Pittman LLP

Trump 2.0 Administration: Anticipated Impacts on International Trade, Sanctions and Economic Policy

Broad Tariff Increases Could Reshape Global Trade: The aggressive use of tariffs could create significant trade disruptions for businesses dependent on global supply chains, and pair novel use of authorities with existing...more

Baker Botts L.L.P.

UK Supreme Court Confirms Power to Issue Anti-Suit Injunction in Support of Foreign-Seated Arbitrations and Clarifies Enka Test...

Baker Botts L.L.P. on

In its recent judgment in UniCredit Bank GmbH v RusChemAlliance LLC [2024] UKSC 30, arising out of a dispute between a Russian energy developer and a German bank concerning the effect of EU sanctions on Russia, the UK Supreme...more

Mayer Brown

Russia: Investment Protection and Arbitration | Part 4

Mayer Brown on

PART 4: JURISDICTIONAL BATTLEGROUND IN DISPUTES WITH SANCTIONED RUSSIAN PERSONS  - In a wave of recent decisions, including in proceedings involving a number of Western banks, the Russian courts have disapplied the...more

Skadden, Arps, Slate, Meagher & Flom LLP

Disparate US, EU and UK Sanctions Rules Complicate Multinationals' Exits From Russia

The withdrawal of Western companies from Russia in the wake of the war in Ukraine has garnered a lot of attention. But the process does not take place overnight, and many foreign companies that have operated in Russia face...more

Pillsbury - Policyholder Pulse blog

Weathering Economic Turbulence: Assignment of Insurance Claims for Losses Under Russian Sanctions

The Russia/Ukraine conflict has led to a monumental decoupling of Russia from the global economy, with dire consequences for many industries—including the aircraft leasing industry. Western governments’ still-evolving...more

Shutts & Bowen LLP

Russian law says “no” to foreign arbitration proceedings against sanctioned Russian individuals and companies

Shutts & Bowen LLP on

On June 8, 2020, Russia enacted Federal Law No. 171-FZ1 (the “Law on Protection from Sanctions”). Under this new statute, a person or entity that is the subject of Russian sanctions can apply to a Russian court for an...more

Society of Corporate Compliance and Ethics...

Sanctions news: US sanctions International Criminal Court; European Union mulls Russia sanctions

Report on Supply Chain Compliance 3, no. 13 (June 25, 2020) - Unites States President Donald Trump issued an executive order on June 11, imposing sanctions on members of the International Criminal Court (ICC). The...more

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