Economic Sanctions
Overview
Crowell & Moring's global economic sanctions team leverages its experience from government, industry, and as outside counsel to provide comprehensive advice on every aspect of compliance with the ever-changing nature of international sanctions regimes on behalf of our multinational clients. With major changes announced recently with respect to sanctions on Russia and the Ukraine, Cuba, Iran, and even Venezuela and more than two dozen overlapping, and occasionally conflicting, current sanctions programs in the United States and the European Union (EU), compliance is an ever-present challenge. Our global sanctions team counsels clients on how to conduct business through these myriad complexities.
Insights
Firm News | 4 min read | 06.24.24
Crowell Earns Top Rankings from Legal 500 United States 2024
Washington – June 24, 2024: Crowell & Moring has been recommended in eight practice areas in the 17th edition of the Legal 500 United States. In addition, partner Daniel Forman, co-chair of the firm’s Government Contracts Group, has been named to the Legal 500’s “Hall of Fame” for Government Contracts.
Firm News | 9 min read | 06.06.24
Representative Matters
Russia
- Conducted regular due diligence on counter-parties and provided guidance on multi-million dollar transactions undertaken by a multinational manufacturer for use in downstream portions of the Russian oil and gas sector.
- Advised a U.S. based Fortune 50 financial institution on the scope of sectoral restrictions on "debt," "transferable securities," and "money market instruments" under U.S. and EU law.
- Represented, in collaboration with our customs team, a U.S. oil and gas company to seek release of exports to Russia that were improperly detained.
Cuba
- Developed a Cuba-specific compliance program for a U.S. automobile manufacturer seeking to utilize the recently announced sanctions relaxations to conduct Cuba outreach.
- Secured a license for a multinational insurer to provide insurance policies without requiring a Cuba carveout.
- Counseled a European subsidiary of a U.S. company on navigating compliance with both U.S. "secondary" sanctions and EU "blocking" statutes restricting such compliance.
Iran
- Represented a U.S. manufacturer in negotiations with a European joint venture partner regarding disposition of Iran-linked sales.
- Counseled multinational publishing company on sales to Iran under the Informational Materials exemption and Publishing General Licenses.
- Drafted guidance for an EU manufacturer on permissible transactions under the sanctions relaxations under the Joint Plan of Action.
Insights
Firm News | 4 min read | 06.24.24
Crowell Earns Top Rankings from Legal 500 United States 2024
Washington – June 24, 2024: Crowell & Moring has been recommended in eight practice areas in the 17th edition of the Legal 500 United States. In addition, partner Daniel Forman, co-chair of the firm’s Government Contracts Group, has been named to the Legal 500’s “Hall of Fame” for Government Contracts.
Firm News | 9 min read | 06.06.24
Insights
Sanctions Compliance as a Competitive Advantage in 2018 - The Challenge and Opportunity of Increasing Complexity
|12.26.17
WorldECR, Issue 65
Trade Consultant Fears Australian Industry 'Not Ready' for AUKUS Exemptions
|05.15.24
Export Compliance Daily
Speed, Complexity of Russia Sanctions Regime Unprecedented, Lawyers Say
|03.03.22
Export Compliance Daily
American Conference Institute's 10th Advanced Forum on Import Compliance & Enforcement
|01.21.16 - 01.22.16
U.S. Sanctions in 2024: Key Developments & Compliance Challenges, Virginia Society of CPAs
|05.16.24
Sanctions/Export Highlights [As of October 24, 2022]
|10.24.22
Crowell & Moring’s International Trade Law
Professionals
Insights
Firm News | 4 min read | 06.24.24
Crowell Earns Top Rankings from Legal 500 United States 2024
Washington – June 24, 2024: Crowell & Moring has been recommended in eight practice areas in the 17th edition of the Legal 500 United States. In addition, partner Daniel Forman, co-chair of the firm’s Government Contracts Group, has been named to the Legal 500’s “Hall of Fame” for Government Contracts.
Firm News | 9 min read | 06.06.24