NEWS | Freehill Hogan & Mahar LLP

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...

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...

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....

CLIENT ALERT: U.S. ISSUES STRONG WARNING AGAINST PETROLEUM TRADE WITH SYRIA

Introduction On November 20, 2018 the U.S. Department of the Treasury’s Office of Foreign Asset Control (“OFAC”) issued an Advisory to the Maritime Petroleum Shipping Community setting forth a strong warning against transporting petroleum to the Syrian Government. The Advisory states in no uncertain terms that any parties involved with...

FOR NINTH CONSECUTIVE YEAR FREEHILL IS RANKED IN TOP TIER OF U.S. MARITIME LAW FIRMS BY U.S. NEWS & WORLD REPORT AND BEST LAWYERS

On November 1, 2018 U.S. News & World Report and Best Lawyers® announced their “Best Law Firms” rankings for 2019. In the Admiralty and Maritime category, Freehill Hogan & Mahar, for the ninth consecutive year, was again ranked in the top tier both nationally, as one of only 16 firms,...

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...

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...

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...

FREEHILL PARTNER BILL JUSKA PRESENTS TO ADMIRALTY COMMITTEE

On September 12, 2018 the Admiralty Committee of the New York City Bar Association had it is initial meeting of the Fall season. Freehill partner Bill Juska gave a presentation entitled “U.S. Sanctions: An Overview.”

CLIENT ALERT: EXPERIENCED ARBITRATORS REBUKE “TROUBLING” GOTCHA TACTICS UNDER ONEROUS DEMURRAGE DOCUMENTATION AND TIME LIMIT CLAUSES

August 16, 2018 A Panel of experienced arbitrators sitting in NY and applying SMA Rules this week issued a unanimous Partial Final Award which rebukes a charterer’s attempt to enforce onerous “gotcha” time bar and document requirements contained in confusing demurrage claims clauses in a series of chemical tanker voyage...