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International Trade Export Controls Asset Seizure

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

Foley Hoag LLP

International Trade Implications of Recent Russian Asset Seizures for Companies Operating in Russia

Foley Hoag LLP on

On July 16, 2023, Russian President Vladimir Putin signed a decree seizing control of the Russian subsidiaries of the French food-products company, Danone S.A., and Danish brewer, Carlsberg A/S, claiming the assets were being...more

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