Seminar on 'Global Reach of EU, U.S. and UK sanctions Against Russia'

Lee & Ko and Debevoise & Plimpton jointly held a seminar titled ‘Global Reach of EU, U.S. and UK sanctions Against Russia’ on September 7, 2023.

During the seminar, Robert Dura from Debevoise & Plimpton delivered a presentation focused on U.S. sanctions and export controls, while Konstantin Bureiko provided insights into EU and UK sanctions and export controls. Tony Dymond discussed cases involving conflicts arising from the intersection of sanctions/export controls and contractual obligations. 

Jungmin Pak from Lee & Ko shed light on the implications of U.S. sanctions and export controls for Korean companies, emphasizing the specific risks to which Korean companies are particularly exposed. Following the presentation, there was a vibrant discussion among the participating lawyers on best practices for screening, the significance of sanctions clauses in disputes, and the risks of sanctions circumvention transactions.