What factors must companies consider when engaging in international mergers and acquisitions? Although there has been much fanfare about President Obama’s announced relaxation of the Cuban embargo and plans to roll back Iran sanctions, many sanctions traps remain for the unwary.
In their article “What’s Sanctions Got to Do with It? Why Understanding US Sanctions is Critical for International Business Deals,” Stephen Heifetz and Alexis Early outline some of the issues that acquiring companies and potential targets should consider, including conducting sanctions-specific due diligence, implementing strong internal compliance programs, and insuring that activities undertaken by foreign subsidiaries or targets comply with the current state of US sanctions laws and regulations.
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