Topic
Sanctions
3,138 published works
Cleary Foreign Investment and International Trade Watch
European Commission Publishes New Guidance on Scope of Sanctions Prohibitions
By Polina Lyadnova, Andreas Wildner, Yulia A. Solomakhina
On October 23, 2023, the European Commission (the “Commission”) updated its non-binding Frequently-Asked-Questions guidance relating to the EU’s Russia-related sanctions regime (the “FAQs”).[1] Specifically, the Commission provided guidance on the…
A Lawyer's Blog
A MILLION DOLLAR AWARD OF SANCTIONS
And this is one real Family Feud:Shapiro v Kurtzman 2023 NY Slip Op 23326 Decided on October 5, 2023 Supreme Court, Rockland County Marx, J., Index No. 7875/2001:Paul I. Marx,…
SmarTrade
OFAC Again Extends Russia-Related General License No. 8 Regarding Transactions Related to Energy
By Scott E. Diamond**, Francesca M.S. Guerrero, Samir D. Varma
On October 25, 2023, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued amended Russia-related General License No. 8H once again extending the authorization to conduct transactions involving…
Global Regulation Tomorrow
HM Treasury joint statement on first EU-UK Financial Regulatory Forum
By Simon Lovegrove (UK), Anita Edwards
On 23 October 2023, HM Treasury published a joint statement, together with the European Commission, on the first EU-UK Financial Regulatory Forum which was held in London on 19 October…
Trellis.Law Blog
A “Whopper” of a Case for Sanctions
By Anka Mason
Established wisdom tells us that Rule 11 serves as a guardrail in the world of litigation. Its core mission? To make litigants pause, reflect, and proceed with care when filing…
Cleary Foreign Investment and International Trade Watch
Court of Appeal Gives Judgment on Effect of Russia Sanctions on Pending Litigation
By Polina Lyadnova, Andreas Wildner, Yulia A. Solomakhina, dmulloy
In June 2019, PJSC National Bank Trust (the “First Claimant”) and PJSC Bank Otkritie Financial Corporation (the “Second Claimant”) commenced litigation in the English High Court, claiming substantial damages on…
The Trade Practitioner
Interpretation of “Control” in UK-Russia Sanctions: Mints v PJSC National Bank Trust
Summary and Comment The Court of Appeal’s judgment in the Mints v PJSC National Bank Trust case clarifies some key aspects of the legal interpretation of the sanctions the UK…
Resolving Discovery Disputes
Can a Court Sanction a Party $1000 Per Day Until They Comply with Court Orders?
According to the Second District Court of Appeal in the family law case of In re Marriage of Rangell decided on September 28, 2023 the answer is YES! The Court of…
Trade Compliance Resource Hub
UK Sanctions – What is “Control”?
By Leigh T. Hansson, Alexander Brandt, James Willn, Tan Albayrak, Sophie Davis, Ray-Shio Ho, Stephan Johansen, William Young
The recent English Court of Appeal judgment on Mints & others v PJSC National Bank Trust & PJSC Bank Otkritie Financial Corporation [2023] EWCA Civ 1132 (“Mints”) on 6 October…
The Right Coast
U.S. and Qatar Block Iran s Access to $6 Billion From Prisoner Deal – The New York Times
The United States and Qatar have agreed to deny Iran s access to $6 billion in funds recently transferred to the nation as part of a deal between Washington and…