LCIA Facts and Figures for 2016: another strong caseload

The LCIA has recently released its Facts and Figures for 2016. This report (Facts and Figures - 2016 A Robust Caseload.pdf), which is produced annually, provides an overview of and insights into the LCIA's caseload. It includes detailed statistics concerning… Read more

Upcoming Webinar: Sanctions Update: Ukraine and Russia

Monday 22 September 2014, 2.00pm - 3.00pm BST The international sanctions landscape has continued to develop in response to the situation in Ukraine. On 12 September, the EU and US both published details of expansions to their existing sanctions against… Read more

US issues new Ukraine-related sanctions and additional guidance

Herbert Smith Freehills has published the latest issue of its Corporate Crime e-bulletin. This edition covers the new sanctions designations issued by the US Office of Foreign Assets Control (OFAC) in response to the situation in Ukraine, as well as OFAC's additional… Read more

Sanctions Update: EU extends sanctions against Russia

Herbert Smith Freehills has published the latest edition of its Sanctions Update e-bulletin. This edition covers the new sanctions regime agreed by the EU against Russia, including: the introduction of "phase 3" sanctions affecting key sectors of the Russian economy such… Read more

When will sanctions frustrate an agreement?

A recent judgment of the English Commercial Court has highlighted the issue of the effect of new sanctions legislation upon contractual obligations, and in particular the importance of considering applications for available licences before seeking to rely on the doctrine… Read more

Australia announces new sanctions against Iran

On 10 January 2013, the Australian Foreign Minister, Bob Carr, announced the Australian government’s intention to implement further autonomous sanctions against Iran. The announcement came three days after Australia was appointed chair of the UN Security Council sanctions committees. According… Read more

US expands sanctions against Iran

On August 10, 2012, the US implemented new sanctions against Iran through the enactment of the Iran Sanctions, Accountability and Human Rights Act of 2012 (the "Act"). The Act is designed to place new restrictions on the Iranian economy to… Read more

US eases sanctions against Myanmar

On 11 July 2012, the US relaxed its sanctions regime against Myanmar by, subject to certain restrictions, lifting the prohibition on the export of financial services to Myanmar and permitting US persons to undertake new investment in Myanmar. The changes will allow… Read more

EU implementing Regulations for Iran oil embargo

On 23 January 2012, the European Council adopted Decision 2012/35/CFSP, setting out a range of new sanctions on Iran, including an oil embargo. Many elements of the extended sanctions required implementing legislation to be brought into force.  That legislation was… Read more

Commercial disputes after the Arab Spring

Craig Tevendale (Partner, London) and Stuart Paterson (Partner, Dubai) have published an article in the March 2012 issue of Commercial Dispute Resolution (CDR).  It focuses on the Arab Spring and examines the major commercial disputes issues arising from the political upheaval… Read more

Financial and trade sanctions against Iran strengthened

Three measures against Iran adopted on 23 January 2012 by the EU’s Foreign Affairs Council add yet another layer to the extensive Iranian sanctions regime, which will need to be carefully considered by any EU business involved in any enterprise… Read more

UN steps up sanctions on Iran

On 9 June 2010, the UN Security Council voted in favour of fresh sanctions against Iran over its nuclear programme which will have practical implications for many corporate entities. In the light of these new sanctions, companies must exercise extreme… Read more