News & Analysis as of

Iran Sanctions Implementation Day

Bracewell LLP

International Sanctions and the Energy Sector – Part 1: Iran

Bracewell LLP on

Economic sanctions, in one form or another, have been applied for centuries to effect change in the activities or policies of states, groups or individuals. Sometimes they are perceived as geopolitical economic weaponry,...more

K&L Gates LLP

OFAC Provides Prospective Guidance on Potential “Snap-Back” of Iran Sanctions

K&L Gates LLP on

On December 15, 2016, the Office of Foreign Assets Control (“OFAC”) in the Department of the Treasury amended its Frequently Asked Questions guidance document (“FAQs”) regarding the Joint Comprehensive Plan of Action...more

Latham & Watkins LLP

International Arbitration Newsletter - July 2016

Latham & Watkins LLP on

Privy Council clarifies the nature of arbitration clauses, but uncertainties about the clauses’ effect still remain. “Non-exclusive” arbitration clauses provide that disputes “may” be referred to arbitration (rather than...more

K&L Gates LLP

European Union and United Kingdom Sanctions Update: May 2016

K&L Gates LLP on

Below is a summary of developments since our previous update in March relating to European Union (“EU”) sanctions on Iran, North Korea and other jurisdictions as well as highlights of recent changes with respect to the...more

WilmerHale

Investment in Iran After Implementation Day

WilmerHale on

January 16, 2016, marked the Implementation Day that recognised the certification by the International Atomic Energy Agency that Iran had met its obligations under the July 2015 Joint Comprehensive Plan of Action (JCPOA), a...more

King & Spalding

Implementation Day Arrives For Iran Agreement

King & Spalding on

On January 16, the International Atomic Energy Agency announced that Iran has fully implemented its nuclear-related commitments described under the Joint Comprehensive Plan of Action (JCPOA) bringing about Implementation Day...more

Morgan Lewis

Iran Secondary Sanctions Relaxation: Effect on Shipping and Related Activities

Morgan Lewis on

Shipping companies should be mindful of restrictions that still apply. The relaxation of Iran sanctions that the United States implemented on January 16, 2016—“Implementation Day” for the Joint Comprehensive Plan of...more

King & Spalding

Tokyo Dispute Resolution and Crisis Management Newsletter - February 2016

King & Spalding on

Implementation Day Arrives: Sanctions on Iran are Lifted - Status update on the effect to US and EU Sanctions - Implementation Day – the day the International Atomic Energy Agency (“IAEA”) announced that Iran had...more

King & Spalding

Energy Newsletter - February 2016

King & Spalding on

Middle East PPP Policy Developments: Kuwait and Dubai - Introduction - In a climate of falling oil prices and tightening government budgets, several states in the Gulf Cooperation Council region (GCC) are looking...more

Miller Canfield

Business Opportunities in Iran for US Automotive Manufacturers through non-US Subsidiaries

Miller Canfield on

Implementation Day for the Iranian JCPOA - January 16, 2016 marked Implementation Day for the Joint Comprehensive Plan of Action (JCPOA), as the US Secretary of State confirmed that the International Atomic Energy Agency...more

Dorsey & Whitney LLP

Moving Forward with Iran: An Update on U.S. Business Interests and the Iran Nuclear Settlement

Dorsey & Whitney LLP on

The world reached a critical milestone on January 16, which was “Implementation Day” for the Joint Comprehensive Plan of Action (JCPOA) regarding Iran’s nuclear development program. The JCPOA is the agreement approved on...more

Morgan Lewis

US and EU Iran Sanctions Relief: What Non-US Persons Need to Know

Morgan Lewis on

Even in light of EU and US relaxation of sanctions against Iran after Implementation Day, non-US Persons should evaluate any proposed dealings with Iran to make sure such activities do not violate any new or continuing...more

Pillsbury - Global Trade & Sanctions Law

Iran Sanctions Changes: Impact on the Aviation Sector

With “Implementation Day” came the lifting of certain key U.S. and EU sanctions on the civil aviation industry. However, many prohibitions still remain, and licensing requirements may attach to U.S. persons or non-U.S....more

Katten Muchin Rosenman LLP

"Implementation Day" Brings Openings for Commercial Aircraft Sales With Iran

January 16, 2016 marked the arrival of "Implementation Day" under the July 14, 2015 Joint Comprehensive Plan of Action (JCPOA) between the United States, Iran, European Union, and the "P5+1" countries. Under this agreement,...more

Faegre Drinker Biddle & Reath LLP

Iran Sanctions Lifted? Implementation Day Creates Compliance Minefield

U.S.-Iranian relations took a major step forward on January 16, 2016, with the arrival of “Implementation Day” under the Joint Comprehensive Plan of Action (JCPOA). Although this may present new business opportunities in...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Iran Sanctions Changes Will Impact Foreign Financial Institutions in 2016"

Editor’s note: This article includes news developments through January 18, 2016. The historic agreement that the P5+1 (the United States, the United Kingdom, France, China, Russia and Germany) and the European Union...more

Akin Gump Strauss Hauer & Feld LLP

What Implementation of the Iran Nuclear Deal Means for Non-U.S. Companies

On January 16, 2016, the International Atomic Energy Agency (IAEA) verified, and U.S. Secretary of State John Kerry confirmed, that Iran had implemented its key nuclear-related measures described in the Joint Comprehensive...more

Morrison & Foerster LLP

Navigating Iran Sanctions after JCPOA’s Implementation Day

The announcement by the International Atomic Energy Agency on January 16, 2016, that the Government of Iran has satisfied its commitments under the Joint Comprehensive Plan of Action (“JCPOA”), has triggered “Implementation...more

Eversheds Sutherland (US) LLP

U.S. Lifts Nuclear-Related Sanctions on Iran on Implementation Day

I. Introduction - On January 16, 2016, “Implementation Day” occurred under the Joint Comprehensive Plan of Action (JCPOA). This historic sanctions relief followed verification from the International Atomic Energy Agency...more

McGuireWoods LLP

Iran Sanctions and the Implementation of the JCPOA: Lots of Changes, but Little Impact on U.S. Businesses?

McGuireWoods LLP on

In recent days, the news has been full of stories referring to the “end” or “lifting” of U.S. sanctions against Iran, actions that were taken after the International Atomic Energy Agency confirmed on January 16, 2016, that...more

Alston & Bird

International Trade & Regulatory Advisory: Implementation Day Arrives: The Promises and Perils of Iran Sanctions Relief

Alston & Bird on

On July 14, 2015, the P5+1 (China, France, Germany, Russia, the United Kingdom and the United States), the European Union (EU) and Iran reached a Joint Comprehensive Plan of Action (JCPOA) to restrict and ensure the...more

Sheppard Mullin Richter & Hampton LLP

US and EU Iran Sanctions Lifted: How to Proceed in the Aviation Sector?

On 16 January 2016, the United States and the EU lifted certain sanctions against Iran in compliance with the Joint Comprehensive Plan of Action (JCPOA) agreed among Iran, China, France, Germany, the Russian Federation, the...more

Womble Bond Dickinson

The Partial Lifting of Iranian Sanctions – Not Quite Business As Usual

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Implementation Day under the Joint Comprehensive Plan of Action signed by the P5+1 (United States, United Kingdom, France, Russia, China and Germany), the European Union, and Iran (“JCPOA”) came on January 16, 2016 and...more

McDermott Will & Emery

United States and European Union Ease Trade Sanctions Against Iran Pursuant to Nuclear Agreement

McDermott Will & Emery on

As widely reported, Saturday, January 16 was “Implementation Day” under the Joint Comprehensive Plan of Action (JCPOA), agreed to on July 14, 2015, by the P5+1 (China, France, Germany, Russia, the United Kingdom and the...more

Morgan Lewis

“Implementation Day” Arrives, Triggering Relaxation of US Sanctions against Iran

Morgan Lewis on

The impact of Implementation Day will vary depending on whether you are a US Person, a US-owned or controlled Foreign Entity, or a Foreign Person with no US nexus—what’s your status? ...more

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