NEWS

CLIENT ALERT: OFAC REMOVES UNITED COMPANY RUSAL FROM SDN LIST

January 28, 2019 United Company Rusal PLC (“Rusal”), EN+ Group PLC (“EN+”) and JSC EuroSibEnergo (“ESE”) were all named to the U.S. Specially Designated Nationals List (“SDN List”) on April 6, 2018 by the U.S. Office of Foreign Asset Control (“OFAC”). Those designations meant that U.S. persons generally could not...
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CLIENT ALERT: OFAC ANNOUNCES INTENTION TO REMOVE RUSAL FROM SDN LIST

January 4, 2019 Introduction United Company Rusal PLC (“Rusal”), EN+ Group PLC (“EN+”) and JSC EuroSibEnergo (“ESE”) were all named to the U.S. Specially Designated Nationals List (“SDN List”) on April 6, 2018 by the U.S. Office of Foreign Asset Control (“OFAC”). These designations mean that U.S. persons generally cannot...
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CLIENT ALERT: OFAC EXTENDS DEADLINE FOR RUSAL WIND-DOWN

December 14, 2018 United Company Rusal PLC (“Rusal”), EN+ Group PLC (“EN+”), JSC EuroSibEnergo (“EuorSib Energo”) and Gaz Group (“Gaz”) were all named to the U.S. Specially Designated Nationals List (“SDN List”) on April 6, 2018 by the U.S. Office of Foreign Asset Control (“OFAC”). These designations mean that U.S....
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CLIENT ALERT: OFAC AGAIN EXTENDS DEADLINE FOR RUSAL WIND-DOWN

October 15, 2018 United Company Rusal PLC (“Rusal”), EN+ Group PLC (“EN+”) and JSC EuroSibEnergo (“EuorSib Energo”) were all named to the U.S. Specially Designated Nationals List (“SDN List”) on April 6, 2018 by the U.S. Office of Foreign Asset Control (“OFAC”). These designations mean that U.S. persons generally cannot...
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FREEHILL PREVAILS AT TRIAL ON $1.2M CLAIM FOR INSURANCE COVERAGE

October 3, 2018 On September 30, 2018 Judge Azrack of the U.S. District Court form the Eastern District of New York issued a decision finding insurance coverage under a policy of hull and P&I insurance and awarding our client recovery of its full claims, totaling. $1,197,195.64. In Atlantic Specialty Insurance...
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CLIENT ALERT: U.S. EXTENDS DEADLINE FOR RUSAL WIND-DOWN PERIOD

September 27, 2018 In our Client Alert of April 12, 2018, we reported that on April 6, 2018, the United States Office of Foreign Asset Controls (“OFAC”) designated 12 Russian companies, including United Company Rusal PLC (“Rusal”) to the U.S. Specially Designated Nationals List (“SDN List”). Rusal is one of...
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