State measures, sanctions & sovereign risk

OFAC · EU · UK OFSI

Sanctions & de-listing

Annulment of designations before national and international courts; petitions to OFAC; UK OFSI and EU matters and licences.

Expropriation & regulation

Direct and indirect expropriation, regulatory action and restrictions affecting assets and operations.

Asset-freeze defence

Protection and restitution of frozen assets; EU Blocking Statute (Reg. 2271/96); countering over-compliance; recovery of damages.

Engagement with authorities

Compliance for State-owned enterprises and banks; dialogue with sanctioning and public authorities.

Cases

Sberbank — sanctions asset strategy

Strategy to protect and recover assets frozen under sanctions, including the loss of European banking subsidiaries — advisory across multiple jurisdictions.

Investment company v. Germany — Clearstream freeze

Treaty claim over the freeze of more than USD 1 billion of assets held at Clearstream.