The Court of Appeal handed down its judgment in the case of Lamesa Investments Ltd v Cynergy Bank Ltd [2020] EWCA Civ 281 on 30 June 2020. The case appealed a 2019 High Court judgment that found that Cynergy Bank Limited was entitled to refuse to pay interest payments to Lamesa Investments Ltd, under a facility agreement, due to a concern that Cynergy would be subject to US secondary sanctions (please see our previous blog…
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On July 1, 2020, the US Department of State, jointly with the US Department of Treasury, the US…
On 28 June 2020, the 20th Meeting of the 13th National People’s Congress (“NPC”) Standing Committee of the…
On 7 July 2020 the Secretary of State for International Trade informed Parliament in a written statement that…
On Monday 6 July 2020, the UK introduced the first sanctions under its new Global Human Rights sanctions…
The US Administration has taken a series of actions in recent days to tighten US export controls for…
BIS Issues FAQs Relating to the Military End Use/User Rules
by Lise S. Test and Sylwia A. Lis 8 Mins ReadOn June 26, 2020, the US Commerce Department’s Bureau of Industry and Security (“BIS”) issued 32 Frequently Asked…