Business In Russia In Times of Crisis: Executive Orders 13660, 13661 and 13662 – New Additions to SDN List [June 20, 2014]

by Marks & Sokolov, LLC | Jun 25, 2014 | Blog, Publications

On March 6, 2014, the President of the United States issued Executive Order (“E.O. 13660”) authorizing sanctions on individuals and entities responsible for Russian activities related to Ukraine.  On June 20, 2014 the Office of Foreign Asset Control (“OFAC”) added to...

Trade Sanctions Enforcement Update: Western Oil Companies Go Long Expanding In Russia [ June 10, 2014 ]

by Marks & Sokolov, LLC | Jun 25, 2014 | Blog, Publications

 June 10, 2014 In response to the situation in Ukraine, the President of the United States has issued Executive Orders 13660, 13661 and 13662 authorizing  sanctions upon: (1) individuals undermining democratic processes,  threatening peace and security and...

Trade Sanctions Enforcement Update: Circumventing U.S. Trade Sanctions – Multi-national Aerospace Company Agrees to $21 Million Forfeiture

by Marks & Sokolov, LLC | Jun 11, 2014 | Blog, Publications

Fokker Services B.V. agreed to a $21 million civil forfeiture to OFAC and the Department of Commerce’s Bureau of Industry and Security for trade sanction violations for 1,112 alleged violations of the Iranian Transactions and Sanctions Regulations and 41 alleged...

Business In Russia In Times of Crisis: Do You Know With Whom You Do Business? – Executive Orders 13660, 13661 and 13662 and Revocation of Export Licenses

by Marks & Sokolov, LLC | May 30, 2014 | Blog, Publications

Business In Russia In Times of Crisis: Do You Know With Whom You Do Business? – Executive Orders 13660, 13661 and 13662 and Revocation of Export Licenses   In response to the situation in Ukraine, the President of the United States has issued a series of...

Pennsylvania’s “Participation Theory” Of Personal Liability

by Marks & Sokolov, LLC | May 29, 2014 | Publications

Corporations are legal entities which are designed to limit or shield the liability of its directors, officers, and shareholders who wield its executive power.  Limited liability companies (“LLCs”) and limited partnerships (“LPs”) are intended to afford similar...

Philly law firms in Russia concerned about Ukraine crisis

by Marks & Sokolov, LLC | Mar 27, 2014 | Blog, Publications

Philly law firms in Russia concerned about Ukraine crisisPhilly law firms in Russia concerned about Ukraine crisis