Practice

Russia and Belarus Sanctions

The impact of the Russian invasion of Ukraine goes far beyond the tragic images you see on the news or read about on the internet.

Sanctions and export controls imposed on Russia and numerous individuals and entities by the U.S., the European Union and other nations can have far reaching consequences for you and your international markets, supply chains, and investors. In our deeply interconnected global economy, Foley Hoag is working with our clients to evaluate, understand, and adapt to the ramifications of each new set of sanctions and export controls on their businesses. We are committed to protecting our clients by providing the resources and information required to develop and implement effective policies and business solutions in this challenging and rapidly evolving situation.

Our team is working hard to make sure you have the information you need. Please visit our publications for our most recent posts and client alerts on the Russia and Belarus sanctions and export controls, and bookmark our resource page.

Experience

  • Representing a Russian national in a federal lawsuit against the U.S. government related to delisting petition.
  • Represented a Russian scientist seeking to unblock proceeds from the sale of intellectual property rights to a Western pharmaceutical company after they were blocked by a western financial institution.
  • Represented a prominent Russian national who was charged by a federal grand jury in the Eastern District of New York with international sanctions evasion.
  • Represented a global leader in flight deck avionics in conducting an internal investigation and making a voluntary disclosure to OFAC with respect to possible Russia sanctions violations, responding to an administrative subpoena, developing compliance program enhancements, and submitting license applications regarding certain of the products and payments in question.
  • Represented a global supplier of laser systems for welding, engraving and other applications in responding to U.S. government inquiries, including a federal grand jury subpoena, in connection with an investigation of potential Russia-related sanctions and export controls violations.
  • Advised a global fintech company on how to address sanctions and AML compliance concerns raised by a financial institution that had suspended the client's ability to engage in financial transactions, resulting in a full reinstatement of the client's ability to transact business through the financial institution.
  • Advised global companies with operations in Russia regarding how to navigate escalating sanctions imposed against Russia, including in connection with the U.S. ban on new investments in Russia.

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