The Office of Foreign Assets Control (“OFAC”) is an arm of the U.S. Department of Treasury, tasked with administering and enforcing various economic and trade sanctions intended to further U.S. foreign policy and national...more
9/26/2023
/ Export Controls ,
Exports ,
Foreign Ownership ,
Office of Foreign Assets Control (OFAC) ,
Real Estate Development ,
Real Estate Investments ,
Real Estate Market ,
Restricted Transactions ,
Sanctions ,
SDN List ,
State and Local Government ,
U.S. Treasury
M&A practitioners must take into account the events surrounding the Russian invasion of Ukraine and the accompanying international unrest when contemplating a proposed transaction. These events will impact M&A transactions...more
The United States and the rest of the world are ramping up severe economic sanctions and export controls in response to the Russian invasion of Ukraine. This is an evolving situation, and it is important to monitor the...more
3/1/2022
/ Biden Administration ,
Blocked Person ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Financial Transactions ,
Foreign Policy ,
Foreign Trade Regulations ,
General Licenses ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
SWIFT ,
Ukraine ,
Vladimir Putin