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Philip Urofsky

Partner
  • Sanctions Round Up: Third Quarter 2017

    11 Oct 2017

    The third quarter was headlined by the imposition of broad new US legislative sanctions against Russia, Iran, and North Korea.  The Trump Administration also acted unilaterally to significantly expand sanctions against both North Korea and Venezuela, while removing decades-old sanctions against Sudan.  OFAC continued its recent trend of pursuing enforcement actions again non-financial entities.

  • Sanctions Round Up: First Half 2017

    6 Jul 2017

    The first six months of the Trump Administration saw several notable developments for US sanctions, with particular implications for Russia and Iran.  The Administration also declared a shift in US policy toward Cuba.  Meanwhile, OFAC concluded a major enforcement effort against the Chinese firm ZTE, imposing the largest fine on record against a non-financial entity.

  • Shearman & Sterling's Recent Trends and Patterns in the Enforcement of the Foreign Corrupt Practices Act (FCPA) / FCPA Digest

    5 Jul 2017

    Shearman & Sterling’s bi-annual Trends & Patterns in FCPA Enforcement report provides insightful analysis of recent enforcement trends and patterns in the US, the UK and elsewhere, as well as helpful guidance on emerging best practices in FCPA and global anti-corruption compliance programs.

  • United States Supreme Court Clarifies Scope of Specific Personal Jurisdiction in State Court

    22 Jun 2017

    On Monday, June 19, 2017, the Supreme Court clarified the limits of specific personal jurisdiction in state courts, holding that a connection between a defendant’s contacts with the forum and the claims at issue remains essential in establishing whether a state court has such jurisdiction. The Court reversed a decision from the California Supreme Court, rejecting that court’s “sliding scale approach” to specific jurisdiction. Bristol-Myers Squibb Co. v. Superior Court of Cal., San Francisco Cty., No. 16-466 (June 19, 2017). Writing for the Court, Justice Alito analyzed whether plaintiffs’ claims sufficiently arose out of or related to defendant’s forum activities to create specific jurisdiction, and concluded that there was no adequate link between the claims and the forum. In so doing, the Supreme Court more clearly delineated the potential reach of specific personal jurisdiction in state courts. 

  • Trump’s More Restrictive Cuba Policy: Specifics to Come

    20 Jun 2017

    On June 16, 2017 during a speech in Miami, President Trump announced changes to US sanctions targeting Cuba. The speech announced two substantial changes to the previous administration’s Cuban sanctions regime: first, the new policy will restrict business transactions with any entity affiliated with the Cuban military and second, the new policy will restrict people-to-people travel to Cuba. The outlines of the policy were announced in a Presidential Memorandum; however, the true shape of these changes will depend on yet to be issued amendments to the Cuban Assets Control Regulations. For businesses looking to understand the impact the new policy will have, the devil will be in those details.

  • Urofsky and Torres-Fowler Co-Author FCPA Enforcement Article

    1 Mar 2017

    Partner Philip Urofsky (Washington, DC-Litigation) and associate R. Zach Torres-Fowler (New York-International Arbitration) co-authored an article, titled “The Firtash Case May Present Jeff Sessions’ Department of Justice With Its First Real Test on FCPA Enforcement,” that was published in Bloomberg BNA’s Criminal Law Reporter on March 1.

  • Sanctions Round Up: Fourth Quarter 2016 and President Donald J. Trump

    31 Jan 2017

    On November 8, 2016, Donald John Trump was elected the 45th President of the United States. Following fiery criticism of the Obama Administration’s sanctions policies, including the Iran deal, the lifting of substantial parts of the Cuban sanctions program, and the imposition of sanctions on Russia, it is likely that the new President will usher in a new era of US policy as it relates to Russian, Iran, and Cuban sanctions, although the nature, scope, and timing of such changes, not to mention Congressional views on certain of them, is still unknown.

  • Jay Clayton Nomination as SEC Chair and its Impact on the Commission’s FCPA Enforcement Priorities

    5 Jan 2017

    On January 4, 2017, President-elect Trump announced that he intended to nominate Jay Clayton, a Mergers & Acquisitions partner at Sullivan & Cromwell LLP, to succeed Mary Jo White as Chair of the SEC.

  • Shearman & Sterling’s Recent Trends and Patterns in the Enforcement of the Foreign Corrupt Practices Act (FCPA)/FCPA Digest

    3 Jan 2017
    Shearman & Sterling’s bi-annual Trends & Patterns in FCPA Enforcement report provides insightful analysis of recent enforcement trends and patterns in the US, the UK and elsewhere, as well as helpful guidance on emerging best practices in FCPA and global anti-corruption compliance programs.
  • Iran Sanctions: OFAC Provides—at Least for Now—Assurances of a Wind-Down Period in Case of Snap-Back

    16 Dec 2016

    On December 15, 2016, the Office of Foreign Assets Control revised its Frequently Asked Questions guidance that concerns the re-imposition of sanctions in the event of a sanctions snapback under the Joint Comprehensive Plan of Action (“JCPOA”). The amended FAQs, which can be found below, convey OFAC’s general view that should the US re-impose certain sanctions pursuant to a JCPOA snapback, the US government would provide a 180-day wind-down period for payments related to contracts entered into and executed during the JCPOA period. In addition, OFAC also issued License J-1, which authorizes the temporary re-export of certain aircraft that are involved in code-sharing arrangements.

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Education

  • University of Virginia School of Law, J.D., 1988,
    • Virginia Law Review, Articles Review Board
    • Order of the Coif
  • University of Virginia, B.A., 1985, with Highest Distinction

Admissions/Qualifications

Courts

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