News & Analysis as of

Nuclear Weapons Joint Comprehensive Plan of Action (JCPOA)

Ankura

A Revived Nuclear Deal with Iran will Change the Sanctions Landscape

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As of August 29, there is renewed optimism that the EU, the US, and Iran are on the verge of reviving the Joint Comprehensive Plan Of Action (JCPOA) to limit Iran’s ability to develop nuclear weapons in exchange for a lifting...more

Ankura

How would a revived US-Iran nuclear deal change the sanctions landscape?

Ankura on

Talks between the U.S. and Iran to revitalize the nuclear deal may have stalled but they are far from dead. There is still optimism that the agreement to limit Iran’s ability to make weapons-grade uranium, in return for a...more

Sheppard Mullin Richter & Hampton LLP

JCPO-Wait-A-Minute: How New Talks Between the U.S. and Iran Could Revive the Iran Nuclear Deal

Since President Biden took office and put his national security team in place, we have wondered about the future of the Iran Nuclear Deal. In the past weeks, the Biden Administration has taken formal steps to possibly restore...more

Husch Blackwell LLP

U.S. Seeks Snapback Of U.N. Sanctions On Iran Despite Departure From Nuclear Deal

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The United States is formally demanding that the United Nations (U.N.) reimpose sanctions on Iran for its failure to meet commitments to limit its nuclear program set forth under the Joint Comprehensive Plan of Action...more

Morgan Lewis

United States Renews Iran Sanctions Waivers

Morgan Lewis on

Although the overall goal of increasing pressure on Iran through sanctions remains official policy, the Trump administration on March 30 again extended the civilian-nuclear cooperation waiver allowing non-US companies to...more

Hogan Lovells

Borrell extends timeline for Iran deal dispute mechanism

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Earlier this month, France, Germany and the UK triggered the dispute process under the Iran nuclear deal, saying they had been "left with no choice" after Iran decided to further reduce compliance with the agreement. The...more

Akin Gump Strauss Hauer & Feld LLP

Iran Sanctions Are Here—Breaking Down What This Means For Business

• As of November 5, 2018, the United States concluded the second of two wind-down periods for re-imposition of U.S. sanctions on Iran following the May 8, 2018, announcement that the United States would cease participation in...more

Hogan Lovells

Re-imposing sanctions on Iran, Trump discards nuclear deal

Hogan Lovells on

On 5 November 2018 the United States re-imposed the remaining nuclear-related secondary sanctions administered by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) against Iran that previously had...more

Pillsbury - Global Trade & Sanctions Law

U.S. Formalizes Snap-Back of Sanctions with New Executive Order

On August 6, 2018, the Treasury Department’s Office of Foreign Assets Control (OFAC) released a new Executive Order to implement the previously announced re-imposition of U.S. sanctions for Iran. ...more

Baker Donelson

Iran Sanctions Go into Effect August 7 – U.S. and Foreign Businesses Need to Be Alert

Baker Donelson on

On May 8, 2018, President Donald Trump announced that the U.S. will withdraw from the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), and reimpose the strict economic sanctions program...more

Husch Blackwell LLP

United States Announces Re-Imposition Of First Round Of Nuclear Sanctions On Iran

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President Trump signed a new Executive Order on August 6, 2018, titled “Reimposing Certain Sanctions with Respect to Iran”. The Executive Order was timed to coincide with the last day of the 90-day wind-down period...more

Baker Donelson

Reminder – First Iran JCPOA Wind Down Period Deadline Approaching– FOREIGN COMPANIES Please Read This

Baker Donelson on

On May 8, 2018, President Donald Trump announced that the U.S. will withdraw from the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), and reimpose the strict economic sanctions program...more

Kelley Drye & Warren LLP

Between a Rock and a Hard Place: EU & Russia Move Forward with “Blocking Statutes” in Response to U.S. Exit from Iran Nuclear Deal

Sanctions blocking statutes being prepared by the European Commission (EC) and Russia could put companies in the middle of conflicting legal requirements, raising difficult and complex sanctions compliance decisions. ...more

K&L Gates LLP

United States Ceases Participation in Iran Nuclear Deal and Will Implement Pre-Deal Sanctions Regime – Practical Considerations

K&L Gates LLP on

On May 8, 2018, President Trump formally announced that the United States would cease participation in the Iran nuclear deal, also called the Joint Comprehensive Plan of Action (“JCPOA”). In accordance with a Presidential...more

Kelley Drye & Warren LLP

The EU & Russia Move Forward with “Blocking Statutes” in Response to U.S. Exit from Iran Nuclear Deal

The EC announced that it is moving forward with a package of measures to blunt the impact of renewed U.S. sanctions on Iran following the U.S. exit from the Joint Comprehensive Plan of Action (JCPOA). Included in those...more

Goodwin

President Trump Pulls the U.S. From the Iran Nuclear Deal

Goodwin on

The Trump administration is withdrawing the United States from the Joint Comprehensive Plan of Action (JCPOA), the nuclear deal between Iran and the U.S., China, France, Russia, the UK, Germany and the EU. Sanctions that had...more

The Volkov Law Group

Turning Back the Clock – OFAC Plans to Reimpose Iran Sanctions Program

The Volkov Law Group on

Just as businesses were growing or planning to grow into Iran, they had the proverbial rug pulled out from under them. Last week, on May 8, 2018, the administration announced its intention to withdraw from the Joint...more

Jones Day

Impact of U.S. Withdrawal from the Iran Nuclear Deal

Jones Day on

The Situation: On Tuesday, May 8, 2018, President Trump announced that the United States has withdrawn from the Iran Nuclear Deal and will fully reimpose its suspended sanctions targeting Iran. The Result: All currently...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2018 #2

Oil Soars After Trump Nixes Iran Nuclear Deal, Stocks Rally - "Crude oil prices rose more than 3 percent on Wednesday after U.S. President Donald Trump's decision to withdraw from a nuclear accord with Iran, a move that...more

Orrick, Herrington & Sutcliffe LLP

Reinstatement of Iran Sanctions Following U.S. Withdrawal From Iran Nuclear Agreement: Five Crucial Points

Crucial Points - Previously Lifted or Waived Sanctions Measures Coming Back Into Effect: On May 8, 2018, the U.S. President terminated U.S. participation in the Iran nuclear agreement. As a result, U.S. Iran-related...more

Fox Rothschild LLP

What U.S. Companies Need To Know About The Withdrawal From The Iran Nuclear Deal And Renewed Sanctions

Fox Rothschild LLP on

President Trump announced on May 8, 2018 that the United States is withdrawing from the Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA). As a result of the withdraw, the U.S. government will...more

Baker Donelson

Trump Withdraws U.S. From Iran Deal: Can Your Company Still Do Business?

Baker Donelson on

On May 8, President Trump announced that the U.S. will withdraw from the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), and reimpose the strict economic sanctions program that was in...more

BakerHostetler

Trump Administration Withdraws from Iran Nuclear Deal - Prepares to Reinstate Sanctions with Profound Domestic and International...

BakerHostetler on

On May 8, 2018, the Trump administration announced that the United States will withdraw from the Joint Comprehensive Plan of Action (JCPOA) entered into between Iran, China, France, Germany, Russia, the United Kingdom and the...more

Dechert LLP

Iran Sanctions – President Trump’s Announcement of US Withdrawal from JCPOA

Dechert LLP on

President Trump announced today, May 8, 2018, that the United States would withdraw from the Joint Comprehensive Plan of Action (“JCPOA”), the Iran nuclear deal implemented in January 2016. In connection with the...more

A&O Shearman

President Trump Announces US Withdrawal from JCPOA

A&O Shearman on

President Trump announced today the United States’ withdrawal from the Joint Comprehensive Plan of Action and initiated plans to re-impose nuclear-related sanctions that had been suspended under the terms of the 2015 nuclear...more

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