As deadline for nuclear agreement approaches, any easing of sanctions will be gradual, and global businesses will continue to face compliance and enforcement risks.
This Client Alert outlines the approaches the US...more
New US rules define scope of prohibitions and authorized activities, as Crimea region remains subject to broad US embargo and EU trade and investment restrictions.
On January 29 and 30, 2015, the US Department of...more
On October 9, 2014 a team of US, Russia and UK based Latham & Watkins lawyers hosted “Managing Legal and Business Risks Under the Russia/Ukraine Sanctions: Views from the US, Europe and Moscow,” a webcast focusing on the...more
In This Issue:
- The 2014 LCIA Rules
- Latham & Watkins Secures Arbitral Award and Judgment When Respondent Fails to Post Full Security for Enforcement Stay
- Ukraine Crisis: A Recap of the Latest US and EU...more
The US and EU take coordinated action to broaden and align their Russia-related sanctions — which may evolve further depending on Ukraine peace plan progress.
On September 12, 2014, the US and the EU announced new and...more
The European Union (EU) enacted Council Regulation (EU) No 833/2014 (the Regulation), which contains ‘Stage 3’ sanctions against Russia. These sanctions resemble – but in other ways are different – from the latest US...more
The EU’s “Stage 3” sanctions restrict exports to the Russian military, exports of certain technologies for the oil industry, and certain Russian State-owned banks’ access to EU capital markets.
New EU Measures Target...more
US extends sanctions to three Russian banks, a shipbuilding company and exports of energy sector items to Russia; EU announces similar measures.
Additional OFAC Designations -
On July 29, 2014, the U.S....more
US announces “sectoral” sanctions on major banks and energy companies, adds to the Specially Designated Nationals list; European Council considers additional sanctions.
On July 16, 2014, the U.S. Department of the...more
In This Issue:
-The ABCs of Arbitrating Outside of the New York Convention
- Leading International Arbitration Partner Joins Latham & Watkins in Paris
- US Supreme Court Revives International Arbitration...more
The US expands sanctions and tightens controls on exports to Russia and Crimea.
On April 28, 2014, the White House announced expanded sanctions against Russian government officials and companies. The Obama...more
US blocks the property of one Russian bank and 20 individuals, and a new US Executive Order authorizes future sanctions against various Russian industries.
In the latest round of US sanctions responding to the...more
The US blocks the property of 11 persons, the EU freezes the assets of another 21 individuals, and a new US Executive Order authorizes future blocking actions.
In response to the continuing political crisis in Ukraine and...more
A US Executive Order authorizes blocking property and the EU freezes assets of 18 individuals.
In response to the political crisis in Ukraine, the United States and the European Union have initiated a series of...more
Earlier this year, the International Atomic Energy Agency confirmed that Iran had met its initial obligations under the Joint Plan of Action (Joint Plan) with the “P5+1” (the United States, the United Kingdom, France, Russia,...more
Iran’s suspension of sensitive nuclear activities triggers temporary relaxation of certain sanctions, but most restrictions and an aggressive enforcement climate remain in place.
On January 20, 2014, the International...more
The requirement that businesses take steps to ensure respect for human rights is no longer simply a matter of good governance and “soft” law. Companies involved in international businesses must comply...more
An overview of recent developments in UK law regarding business and human rights -
The UK government has launched a new action plan on business and human rights that is designed to implement the UN’s Guiding Principles...more
A recent report published by African Development Bank Group has confirmed that Africa is now the world’s fastest growing economy, with around one third of its countries experiencing annual growth of over six percent. The...more