News & Analysis as of

Secondary Sanctions European Union

Morrison & Foerster LLP

The United States Imposes New Sanctions and Export Control Restrictions to Further Constrain Russia’s War Efforts, Including by...

On June 12, 2024, the United States took several hard-hitting sanctions- and export control-related actions intended to intensify pressure on the Russian government and hamper Russia’s ability to continue to support its war...more

American Conference Institute (ACI)

[Webinar] Virtual Proficiency Series on Economic Sanctions - February 6th - 29th, 1:30 pm - 4:30 pm EST

ACI’s highly anticipated Proficiency Series on Economic Sanctions provides true immersion into Economic Sanctions with the objective of becoming proficient in 4 weeks. Advance your career and professional development by...more

American Conference Institute (ACI)

[Event] 17th Annual Flagship Conference on U.S. Economic Sanctions Enforcement and Compliance - April 25th - 26th, Washington, DC

The American Conference Institute is hosting their 17th Annual Flagship Conference on U.S. Economic Sanctions Enforcement and Compliance on April 25-26, 2023, in Washington! Don’t miss the opportunity to stay current with the...more

Jones Day

JONES DAY TALKS®: Navigating Sanctions and Export Controls: A Guide for EMEA Businesses

Jones Day on

In this recap of a recent Jones Day client-focused webinar, partners Harriet Territt, Eva Monard, Sean Boyce, and Rick van 't Hullenaar review 2020's critical developments in U.S., EU and UK sanctions and export controls that...more

A&O Shearman

The European Commission’s strategy to “foster openness, strength and resilience” in Europe’s economic and financial system

A&O Shearman on

An ambitious plan to enhance the geopolitical strength of the EU? On 19 January 2021, the European Commission presented its new strategy to foster the “openness, strength and resilience” of the EU’s economic and financial...more

Morrison & Foerster LLP

Can You Withhold A Payment Of Interest To Comply With U.S. Secondary Sanctions Law?- Lamesa Investments Ltd v Cynergy Bank Ltd...

The Court of Appeal, in Lamesa Investments Ltd v Cynergy Bank Ltd [2020] EWCA Civ 281, has found that a party in an English law governed “Tier 2 Capital” subordinated facility agreement with contractual language addressing...more

American Conference Institute (ACI)

[Virtual Event] Flagship Conference on Economic Sanctions Enforcement and Compliance - July 29th - 30th, 8:00 am - 5:00 pm EDT

The ACI’s 13th Advanced Flagship Conference on Economic Sanctions Enforcement and Compliance is going virtual and will be held on July 29-30, 2020.  From the comfort of your home office, virtually attend the industry’s...more

Jones Day

U.S. Imposes Sanctions on Turkish Officials, Ministries in Response to Syrian Offensive

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The Situation: In response to events in Syria and in the face of strong Congressional pressure to act, President Trump introduced sanctions targeting Turkey. The Result: Although the President indicated that a ceasefire...more

Latham & Watkins LLP

US Secondary Sanctions Are a ‘Mandatory Provision’ of English Law

Latham & Watkins LLP on

High Court ruling acknowledges the extraterritorial effect of US secondary sanctions. In the recent case of Lamesa Investments Ltd v. Cynergy Bank Ltd [2019] EWHC 1877 (Comm), the High Court found that US secondary...more

Davis Wright Tremaine LLP

EU Companies Face Tough Choice: Violate U.S. Secondary Sanctions on Iran or Amended EU Blocking Regulations

2018 brought with it President Trump’s decision that the United States would withdraw from the Joint Comprehensive Plan of Action (“JCPOA”). That signaled the U.S.’s intention not only to reimpose trade sanctions on Iran but...more

Latham & Watkins LLP

Top 10 Things to Know About Expanded US Sanctions on Iran

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Withdrawal from the Iran nuclear agreement triggers full implementation of US sanctions, including threat of “secondary” sanctions on non-US persons dealing with Iran. As reported in the Latham Client Alert dated May 10,...more

Akin Gump Strauss Hauer & Feld LLP

President Trump Issues New Iran Executive Order and Reimposes First Set of Sanctions Following JCPOA Withdrawal

• On August 6, 2018, following President Trump’s decision to withdraw the United States from the JCPOA, the U.S. government announced the reimposition of sanctions on Iran’s automotive sector, its trade in gold and precious...more

Skadden, Arps, Slate, Meagher & Flom LLP

US Withdrawal From Iran Nuclear Deal Poses Challenges for Companies

On May 8, 2018, President Donald Trump announced that the United States was withdrawing from its participation in the Joint Comprehensive Plan of Action (JCPOA), the agreement the P5+1 (the United States, China, France,...more

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