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Orrick, Herrington & Sutcliffe LLP

Part III: #DefenseTech—Regulatory Requirements for Defense Start-ups (or "How to Stay Out of Jail")

Defense technology companies in Germany operate in a highly regulated environment that requires careful navigation of various legal requirements. Key regulations include national or EU legislation on handling of...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...

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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

McDermott Will & Schulte

Spotlight on the “Partner Countries” Exemption from Sanctions against Russia

From June 20, 2024, EU companies with a presence in Russia will no longer be able to rely on the “partner countries” exemption and will be required to obtain, or rely on, a licence to provide business services and/or software...more

McDermott Will & Schulte

Mobility@McDermott: Monthly Update (04/2024)

1. “No re-export to Russia” clauses become mandatory for certain contracts within the EU - As of March 20, 2024, so-called “no re-export to Russia” clauses have become mandatory for certain types of contracts concluded by...more

Hogan Lovells

Germany takes a tougher stance against bypassing Russia Sanctions via third countries

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Coinciding with the anniversary of Russia’s invasion of Ukraine, Germany has demonstrated a tougher stance in the enforcement of the EU sanctions. These actions serve as a stark reminder to companies to bring their export...more

Latham & Watkins LLP

Energy Infrastructure Insights Importance of LNG Germany Energy Supply

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​​​​​​​Germany is working fast to build liquefied natural gas (LNG) terminals as it seeks to secure the country’s energy supply even without Russian pipeline gas. The first of the floating terminals, known as floating storage...more

Flaster Greenberg PC

Did Putin Sabotage His Own Pipeline? Perhaps He's Not the only Irrational Political Leader

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Blasts were heard at the Nord Stream 1 pipeline last week, and damage to the pipeline itself was detected underwater shortly thereafter. Russian sources indicated that the damage would further delay the delivery of natural...more

A&O Shearman

Germany: Heavy Statutory Gas Price Surcharges for Commercial and Private End Consumers Presumably as of October

A&O Shearman on

Against the backdrop of drastically increased gas purchase prices and their impact on large German gas importers, and in anticipation of an even further escalation by Russia of the gas supply disruption linked to the war in...more

Flaster Greenberg PC

German Stance On Russian Energy Could Affect Future Of The Euro

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Since the execution of the Maastricht Treaty in 1992 that led to the establishment of the Euro single currency, different European Union countries have faced issues meeting the Treaty’s requirements to maintain the currency,...more

Robins Kaplan LLP

EY to Pay Record Fine to SEC Over Cheating on Ethics Test

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Auditing giant Ernst & Young will pay $100 million to U.S. authorities as part of a deal to resolve claims that “some of its auditors had cheated on ethics exams—and that the firm had done nothing to stop the practice.” That...more

Hogan Lovells

Reform of the Energy Security Act: New Options for Action to Secure Energy Supply in the Event of Crisis

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Few issues are currently occupying German industry and the energy sector as much as the Ukraine crisis and its consequences for the critical infrastructure in Germany. Against this background and in order to secure energy...more

White & Case LLP

Germany’s Reaction to the Energy Crisis

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Following Russia's actions in Ukraine, an energy crisis unfolds in Europe and particularly in Germany. The looming threat of Russia suspending gas deliveries to Germany, or Germany ending the procurement as part of a...more

Jones Day

Conflict in Ukraine: Excuses for Non-Performance of Contracts Governed by German Law

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Traditionally, industry in Germany has enjoyed close commercial ties with Russia and Ukraine. The ongoing conflict in Ukraine and the resulting sanctions imposed on Russia—and by Russia—will inevitably affect these business...more

A&O Shearman

German Energy System Transformation Accelerates As Russia’s Invasion of Ukraine Continues

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Security of Supply Threats Prompt Government Action Russia’s invasion of Ukraine has led to a significant acceleration of changes to Germany’s energy system, including an increased focus on green hydrogen as a key to future...more

Robinson+Cole Data Privacy + Security Insider

Global Law Enforcement Win: Germany Shuts Down Hydra and U.S. Department of Treasury Follows With Sanctions

In a win for global law enforcement, Germany’s Bundeskriminalamt (BKA) announced on April 5, 2022, that it had officially taken down the infrastructure of Hydra, a Russian-based, illegal dark-web marketplace that has...more

Hogan Lovells

Germany announces major shift in defense procurement policy

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The Russian attack on Ukraine has triggered a total shift in German defense procurement policy. The German government has not only announced the introduction of a massive extraordinary defense budget of €100 billion, but also...more

Flaster Greenberg PC

Russia's Invasion Of Ukraine Forces A Rethink Of American Energy Policies

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Shortly before Russia invaded Ukraine on Thursday, February 23, President Biden reinstated the sanctions against the Nord Stream 2 pipeline that he had waived only last year. Depending on what side of the political divide you...more

Alston & Bird

U.S. and Allies Impose “First Tranche” of New Economic Sanctions in Response to Russian Action in Ukraine

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Our International Trade & Regulatory Group addresses the new U.S. sanctions against Russia announced this week in response to its actions against Ukraine and summarizes the similar packages announced by key U.S. allies....more

ArentFox Schiff

US Imposes Territorial Sanctions on Ukrainian Breakaway Republics & Broader Russia Based Sanctions: What You Need to Know

ArentFox Schiff on

Responding to the Russian announcement recognizing the independence of the so-called Donetsk People’s Republic (DNR) and Luhansk People’s Republic (LNR) regions of Ukraine, President Biden signed Executive Order 14065 (the...more

Flaster Greenberg PC

As Ukraine Tensions Soar, America's Greatest Weapon Remains Trapped Underground

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Last week, President Joe Biden warned Ukrainian President Vladimir Zelensky that a Russian invasion of Ukraine might be imminent. While Zelensky does not seem to share that assessment, full scale war in Eastern Europe seems...more

Morrison & Foerster LLP

Congress Re-Enters the Nord Stream 2 Fight with Amendment to NDAA

In the latest turn of events in the seemingly never-ending political saga of the Nord Stream 2 pipeline, the U.S. House of Representatives (the “House”), via an amendment to the 2022 National Defense Authorization Act...more

White & Case LLP

Top considerations –EMEA Tax trends impacting Private Equity Real Estate in 2021

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White & Case has advised a large number of high-profile international clients on cutting-edge, cross-border and domestic private equity real estate deals, providing valuable strategic tax insight to a broad range of investors...more

Flaster Greenberg PC

In Midst Of Afghanistan Disaster Biden Turns To Nord Stream 2

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During a press briefing on Friday afternoon, State Department spokesman Ned Price abruptly changed the subject from the disastrous pullout in Afghanistan to the Nord Stream 2 pipeline. A Russian ship, the Ostap Sheremeta,...more

Eversheds Sutherland (US) LLP

Tread carefully: Global pay and employee benefits traps for the unwary

This briefing highlights a number of international pay and employee benefits legal issues that carry potentially severe penalties. Each of these issues is well worth a review now to avoid future consequences. International...more

Flaster Greenberg PC

Nord Steam 2 Saga Ends As Biden Waives Sanctions

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The dispute over the controversial oil and gas pipeline known as “Nord Stream 2” ended on Wednesday when the United States Department of State announced that the Biden administration was waiving sanctions against the...more

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