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Clifford Chance

Clifford Chance


Expecting the unexpected – lessons on sanctions and addressing legal uncertainties

4 December 2014

With the decision by the United States and the European Union to impose sanctions on Russia came a raft of new challenges not ordinarily contemplated even by the most seasoned sanctions experts. Commercial and financial transactions have been heavily impacted by the imposition of constraints on dealings with a major trading power of the West, and the nature of the restrictions is itself unprecedented. Here, Clifford Chance experts explore some of the contractual clauses and other mechanisms being used in the market, and look at the legal uncertainties that remain unresolved.

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