Kirkland Alert Kirkland & Ellis LLP

EU and United States Further Broaden the Scope of Sanctions and Restrictive Measures Targeting Russia

EU and US government officials recently imposed additional sanctions targeting Russia. Current sanctions do not prohibit all trade or other transactions with Russia, but rather comprise an increasingly broad and complex set of restrictions. In light of this complexity, companies will want to involve persons with appropriate expertise in any existing or potential business involving Russia to avoid costly mistakes under laws that impose criminal and civil penalties for violations.