Publications, Presentations & Events

Adam Kaufmann will join experts from the US, UK, Europe, Latin America, and Asia to debate and discuss the growth of disputes in key offshore jurisdictions.

The Office of Foreign Assets Control (OFAC) of the U.S. Treasury Department and the U.S. State Department announced sanctions against the leader of Sudan’s Rapid Support Forces (RSF) and seven UAE trading companies used by the RSF to acquire weapons and engage in banking transactions in violation of U.S. sanctions.

Subsidiaries of the Canadian listed company Jura Energy Corporation have won an ICC arbitration against Petroleum Exploration (Private) Limited, a Pakistan-based oil & gas operator.

On December 18, 2024, the U.S. State Department announced sanctions against three Pakistani companies and a government-owned entity pursuant to Executive Order 13382, "Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters," and the Weapons of Mass Destruction Trade Control Regulations (found at 31 C.F.R. 539 et seq.).

A publicly-traded global transportation and logistics company agreed to pay $257,690 to settle an OFAC investigation that revealed 82 violations of US sanctions against Iran and Cuba by five of the company’s non-US subsidiaries.
The case illustrates the risk of failing to conduct adequate sanctions screening, as well as the advantages of self-reporting and cooperating with OFAC.