WINDING DOWN OPERATIONS AND CONTRACTS WITH LISTED ENTITIES FOR REASONS OF SANCTIONS COMPLIANCE – NUMEROUS CHALLENGES UNDER RUSSIAN LAW

On 13th April, Noerr published a briefing saying that the implementation of US sanctions measures in Russia can turn out to be rather complex, as Russian authorities and courts have found at numerous occasions that compliance with Western sanctions violates all sorts of mandatory provisions under Russian law.

https://www.noerr.com/en/newsroom/News/significant-extension-of-russia-sanctions-–-winding-down-operations-and-contracts-with-listed-entities-for-reasons-of-sanctions-compliance-–-numerous-challenges-under-russian-law.aspx

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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