New Russia sanctions focused on the technology sector and sovereign debt markets

On April 15, 2021, the White House and the US Department of the Treasury’s Office of Foreign Assets Control announced a package of economic sanctions targeting Russia, including expansive new legal authorities that would allow for the imposition of additional future sanctions on Russia in the technology sector and on Russian government bodies.

Related briefings

Home-coming of Cadbury Dairy Milk chocolate bars (Part 1)

On March 2, 2021, the UK signed a trade partnership agreement with Ghana. Recently, Cadbury, which is wholly owned by Mondelez, has announced that it is moving some production of its iconic Dairy Milk chocolate bars from Germany to the UK. This note, which is in two parts, considers the connection between the trade partnership agreement between the UK and Ghana and the relocation of Cadbury’s Dairy Milk chocolate production to the UK from the EU and the implications this will have in terms of supply chain management.

Client alert: EU, UK, and US adopt myanmar sanctions over military coup

In recent weeks, the EU, UK, and US have adopted sanctions against those allegedly involved in the military coup in Myanmar, along with those responsible for serious violations of human rights in overthrowing the democratically elected government or committing violence against protestors.

Latest Briefings

Terms and limitation clauses: will they be effective when you need them?

In the recent case of Balfour Beatty Regional Construction Ltd (BB) v Van Elle Ltd, the question before the Technology and Construction Court (TCC) was whether the sub-contract superseded any prior contractual relationship between the parties, or whether the sub-contract was subject to Van Elle’s standard terms and conditions.

Ireland – The pandemic has changed the world – or has it?

There is no doubt that as a consequence of the pandemic, the way we work and live has changed. Our attitudes, our priorities – they have all shifted slightly. They say the days of people working in the office are over, commentators speak of people moving west to work remotely, of hotels being repurposed, of the retail experience fundamentally changing. So yes, the world has changed, but the hard truth is that the pandemic cannot change the world retrospectively. Meaning, if you agreed to something in 2018 you cannot necessarily get out of the agreement because in 2020, the rug was pulled out from under all of us.

New private investment funds in Guernsey

In December 2020, the Guernsey Financial Services Commission (Commission) published a consultation paper containing proposals to amend the rules in respect of Private Investment Fund (PIF) (the PIF Rules) to allow more investor categories to take advantage of an appropriately regulated fund structure.

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