We are pleased to invite you to our Virtual Global Trade Conference on July 20 and 21. In lieu of our annual conference in Bellevue, WA, we are excited to again provide a virtual offering available to all our clients and friends worldwide! Please join our international trade compliance lawyers from around the world as they discuss and examine the major developments impacting international trade. This conference will be comprised of 75 minutes sessions over…

With effect from 27 May 2022, a new set of sanctions was introduced by the Security and Defense Council of Ukraine (NSDC) against the following individuals and legal entities:1 Aleksey Likhachev – director general of Rosatom State Atomic Energy Corporation (the Russian Federation) Vladimir Yevtushenkov – shareholder of Sistema Public Joint Stock Financial Company (the Russian Federation) Sistema Public Joint Stock Financial Company – business conglomerate in the Russian Federation (telecommunications, retail, high technology, logging…

On 20 May 2022, The Italian Parliament confirmed Law-Decree No. 21/2022 which the Government had enacted in March 2022 to introduce certain significant changes to the Italian rules on foreign investments review (FIR) in response to the invasion of Ukraine by Russia (see our article here). The result is Law No. 51 dated 20 May 2022 (Law 51/2022). By way of background, in the Italian constitutional framework, the issuance of State-wide laws falls within the…

Baker McKenzie’s Global Supply Chain Compliance Blog has published a new post on a sample letter issued by the U.S. Securities and Exchange Commission (“SEC”) Division of Corporation Finance advising companies on their potential need to disclose direct and indirect impact of Russia’s invasion of Ukraine and the related international response on their operations. The sample letter does not create any new disclosure obligations, though it indicates that companies should consider the various direct and indirect…