Shearman And Sterling

Litigation, Gavel and Scales of Justice

Oct 29, 2020

Sanctions Round Up: Third Quarter 2020

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This quarter, the U.S. announced new sanctions and trade restrictions on China in response to its perceived intrusions on Hong Kong’s autonomy and reported human rights abuses in Xinjiang.  The Trump Administration acted unilaterally to curtail Iran’s acquisition of conventional military weapons after receiving little international support for a snapback of U.N. sanctions. And, in a last-ditch effort to stall completion of the Nordstream 2 and Turkstream pipelines, the U.S. expanded the scope of potential sanctions on vessel owners and service providers involved in construction activities. Finally, among other enforcement actions this quarter, several U.S. companies agreed to settle potential liability arising from compliance failures by foreign subsidiaries.

View full memo, Sanctions Round Up: Third Quarter 2020

Authors and Contributors

Philip Urofsky

Partner

Litigation

+1 202 508 8060

+1 202 508 8060

Washington DC

Danforth Newcomb

Of Counsel

Litigation

+1 212 848 4184

+1 212 848 4184

New York

Stephen Fishbein

Partner

Litigation

+1 212 848 4424

+1 212 848 4424

New York

Brian G. Burke

Partner

Litigation

+1 212 848 7140

+1 212 848 7140

+86 21 6136 5000

+86 21 6136 5000

New York

Christopher L. LaVigne

Partner

Litigation

+1 212 848 4432

+1 212 848 4432

New York

Barnabas Reynolds

Partner

Financial Institutions Advisory & Financial Regulatory

+44 20 7655 5528

+44 20 7655 5528

London

Mark D. Lanpher

Partner

Litigation

+1 202 508 8120

+1 202 508 8120

Washington DC

Susanna Charlwood

Partner

Litigation

+44 20 7655 5907

+44 20 7655 5907

London

Paula Howell Anderson

Partner

Litigation

+1 212 848 7727

+1 212 848 7727

New York

Adam B. Schwartz

Partner

Litigation

+1 202 508 8009

+1 202 508 8009

Washington DC

Jacob Fields

Associate

Litigation

+1 512 647 1937

+1 512 647 1937

Austin

Cole Pritchett

Associate

Litigation

+1 202 508 8181

+1 202 508 8181

Washington DC

Jesse Van Genugten

Associate

Project Development & Finance

+1 212 848 5393

+1 212 848 5393

New York