The EU – U.S. Sanctions Dilemma: The Advocate General of the European Court of Justice Weighs in
By EsqSocial Corporation 27/05/21
In May 2018 the United States announced the reinstitution of sanctions against Iran that had previously been lifted pursuant to the Joint Comprehensive Plan Action (“JCPOA”). The U.S. sanctions on Iran that were revived by the U.S. action in 2018 include many that apply extraterritorially. Moreover, U.S. law allows the government to impose sanctions on non-U.S. persons (such as European companies) if the U.S. Treasury Department makes a finding that the non-U.S. person has provided goods or...
By: Sheppard Mullin Richter & Hampton LLP