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Dec 04, 2013

Opportunities and Pitfalls of Proposed Easing of Iran Sanctions

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On November 23, 2013, Iran and the five permanent members of the United Nations Security Council (China, France, Russia, United Kingdom, United States) and Germany (P5+1) reached an incremental and interim Joint Plan of Action that proposes suspending certain sanctions targeting Iran. Any proposed sanctions relief will not be in effect until Iran fulfills certain verifiable measures to limit its nuclear program. In this interim period, while we wait and see whether Iran will take the verifiable steps that are required, we analyze the potential impact and limitations on the proposed sanctions relief and provide next steps and practical tips for U.S. and non-U.S. companies contemplating future business in Iran.

View full memo, Opportunities and Pitfalls of Proposed Easing of Iran Sanctions

Authors and Contributors

Philip Urofsky

Partner

Litigation

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+1 202 508 8060

Washington DC

Stephen Fishbein

Partner

Litigation

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New York

Danforth Newcomb

Of Counsel

Litigation

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+1 212 848 4184

New York

Paula Howell Anderson

Partner

Litigation

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+1 212 848 7727

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Marwan Elaraby

Partner

Capital Markets

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Abu Dhabi

Iain Elder

Partner

Project Development & Finance

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London

Brian G. Burke

Partner

Litigation

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+1 212 848 7140

New York

John Inglis

Of Counsel

Project Development & Finance

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London

Mehran Massih

Counsel

Real Estate

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+44 20 7655 5603

London

Antonia E. Stolper

Partner

Capital Markets

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Yas Banifatemi

Partner

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Sami Toutounji

Partner

Compensation, Governance & ERISA

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Paris