Companies with business operations or personnel in Eastern Europe are closely watching the unfolding disruption in the region. While still in flux, trade restrictions and sanctions from North America, the European Union, the United Kingdom, and Russia will have a wide-ranging impact on a variety of industries. Reverberations could result in contract disputes and force majeure issues, related litigation and conflict stemming from broken contracts, limitations on interaction with financial institutions and venture capital firms and funds, restrictions on secondary market transactions, business continuity interference, raw materials and technology trade disruptions, and renewed cybersecurity concerns.
Our lawyers have long been trusted advisers to clients navigating the complex and quickly changing global framework of international sanctions. Because companies must closely monitor evolving government guidance to understand what changes need to be made to their global operations to maintain business continuity, we offer this centralized portal to share our insights and analyses.
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03/14/2023 - Update: Deadline for Mandatory Conversion of Russian Issuers’ Depositary Receipts Has Passed – What’s Next?
02/28/2023 - US Significantly Expands Export Sanctions on Russia and Belarus; Simultaneously Adds to Entity List and Tariffs
02/23/2023 - The Growing Cash Pile in Moscow Foreign Investors Can’t Touch, BNN Bloomberg
01/20/2023 - Update: New Decree Allows Certain Russian Companies to Remove Voting Rights of Minority Shareholders and Directors from Unfriendly States
12/8/2022 - US Matches EU $60 Price Cap on Russian Crude Oil Delivered by Sea