Navigating EU Sanctions Blocking After Bank Melli V. Telekom

Summary

Law360 (February 28, 2022, 5:01 PM EST) -- Russia's recent invasion of Ukraine has triggered a range of economic and financial sanctions imposed on Russia by jurisdictions around the world, most notably the U.S. and the European Union. While the recent coordinated sanctions against Russia by the U.S. and EU indicate that the interests of these two jurisdictions are often aligned, that alignment is not always a sure thing.