NEWS

CLIENT ALERT: U.S. ISSUES NEW ECONOMIC SANCTIONS AGAINST IRAN

Introduction Today, June 24, 2019, President Trump signed a new Executive Order (“E.O.”) to impose additional sanctions with respect to Iran. The E.O. primarily targets Iran’s Supreme Leader Ayatollah Ali Khamanei and the Supreme Leader’s Office (SLO) and certain high-level associates and appointees. The sanctions seek to bar those designated...
Read More

FREEHILL ATTORNEY ERIC LENCK AUTHORS MARITIME LAW BOOK

Cornell Maritime Press has just released a book authored by Freehill partner Eric E. Lenck titled LAW OF RECREATIONAL BOATING. Drawing on extensive research of the reported yachting cases and relevant state and federal statutes, the book focuses on those maritime law issues most likely to impact the typical recreational...
Read More

CLIENT ALERT: NEW U.S. SANCTIONS AGAINST IRAN AFFECT METALS SECTORS

May 9, 2019 Introduction On May 8, 2019, exactly one year after President Trump announced that the United States was withdrawing from the Joint Comprehensive Plan of Action (“JCPOA”) and would re-impose the U.S. secondary sanctions against Iran, President Trump issued an Executive Order “Imposing Sanctions with Respect to the...
Read More

CLIENT ALERT: U.S. AGAIN TARGETS PETROLEUM SHIPMENTS INVOLVING IRAN AND SYRIA

Introduction On November 20, 2018 the U.S. Office of Foreign Asset Control (“OFAC”) issued an Advisory warning the maritime community against transporting petroleum to the Syrian Government. On March 25, 2019, OFAC has reprised that warning, in a second Advisory entitled “Sanctions Risks Related to Petroleum Shipments Involving Iran and...
Read More

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...
Read More