In the News

US Universities Sever Russian Ties, Shed Investments Following Ukrainian Invasion, Boston Business Journal

Friday, March 4, 2022

In the Boston Business Journal, partner Carl Valenstein provided his insights on how US universities may consider divesting Russian assets and severing partnerships with entities on the Specially Designated Nationals And Blocked Persons List amid the conflict in Ukraine. “There is a wind-down period permitted to dispose of their investments, but if they choose to hold they may need to block the investment,” Carl said. “Some universities and other investors are considering a broader divestment policy on Russia in protest that goes beyond what the sanctions strictly require.”

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