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Asset Seizure Investors Economic Sanctions

Skadden, Arps, Slate, Meagher & Flom LLP

REPO for Ukrainians Act Provides for the ‘Repurposing’ of Seized Russian Sovereign Assets

On April 24, 2024, President Joe Biden signed into law a high-profile package of national security legislation (Public Law 118-50). While most press reports focused on the spending elements of the package (appropriating funds...more

Pillsbury Winthrop Shaw Pittman LLP

Additional Russian Measures Affecting International Investors and Cross-Border Trade

Russian government approval is now required for Western companies to exit LLCs, which complicates and will likely delay exit strategies. High-profile projects and industries, such as Sakhalin-2, continue to be targeted by...more

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