Leigh Hansson

Leigh Hansson

Reed Smith

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Normalizing U.S. Relations with Cuba: What is ahead?

On December 17, President Obama announced that he will take steps to normalize relations with Cuba, prompting questions about what this means for an island nation that has existed under a Cold War-era embargo for more than 50...more

12/22/2014 - Barack Obama Cuba Embargo Foreign Relations Sanctions

The Joint Plan of Action: A Recap of the Easing Of Sanctions Against Iran By The United States And European Union

On 24 November 2013, an agreement was reached between the E3+3 (also known as the P5+1, and which includes the United States, United Kingdom, Russia, China, France and Germany) and Iran....more

12/10/2014 - Asset Freeze Automotive Industry Banking Sector EU Iran Sanctions JPOA Oil & Gas P5+1 Nations Petrochemicals Rare Earth Metals Sanctions SDN List

Iran: limited sanctions relief extended to 30 June 2015

In January 2014, both the EU and U.S. brought into force measures which temporarily suspended and relaxed (for an initial period of six months) some of the sanctions in place against Iran. This reflected the Joint Plan of...more

12/1/2014 - EU Iran Iran Sanctions JPOA P5+1 Nations

OFAC Issues New General License Excepting Turkish Lender from Russian Sanctions

On October 6, 2014, the Treasury Department’s Office of Foreign Assets Control (OFAC) issued General License No. 3, excepting DenizBank AS, a Turkish lender, from the restrictions on access to new debt or new equity under...more

10/9/2014 - OFAC Russia Sanctions

Overview of the U.S. and EU Sanctions on Russia

Over the past six months, the United States and the European Union have coordinated efforts through sanctions and trade controls to respond to Russian activity in Crimea and Ukraine. Following a long series of incremental...more

10/6/2014 - Asset Freeze BIS Defense Sector Energy Sector EU Export Controls OFAC Russia Sanctions SDN List SSI List Travel Ban Ukraine

Sanctions Update: Ukraine, Crimea and Sevastopol—the Ukrainian Parliament, the EU and the U.S. impose further measures

This Alert follows our previous alerts on the Russia/Ukraine sanctions available on our website. July continued to be a busy time as the Verkhovna Rada (the Ukrainian Parliament), the EU and the United States intensified...more

8/5/2014 - Asset Freeze EU Export Administration Regulations Export Controls OFAC Oil & Gas Ports Russia Sanctions SDN List Shipping SSI List Technology Travel Ban Ukraine Vessels

Crisis in the Crimea: Sanctions Update

United States further measures - In response to the Russian Federation’s continued actions in southern and eastern Ukraine, the United States added seventeen entities and seven Russian officials and related persons to...more

4/30/2014 - Foreign Policy Russia Sanctions Ukraine

Singapore: Persian Gulf Money, Energy, and Non-Energy Export Risks

In September 2013, the GCC-Singapore Free Trade Agreement came into force, and it has some wondering whether this will mean an influx of oil and gas trade from the Persian Gulf. The agreement is well-timed, as U.S. Secretary...more

10/10/2013 - Exports Free Trade Agreement Iran Iran Sanctions NDAA Oil & Gas

New Iran Sanctions: Breaking Down the Breaking Points

Energy, shipping, and shipbuilding. Generally, these are the sectors of the Iranian economy that have recently come within the ambit of the existing U.S. sanctions regime against Iran. We write "generally" because in addition...more

1/30/2013 - Energy IFCPA Iran Sanctions Iran Threat Reduction and Syria Human Rights Act Ports Shipbuilding Shipping

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