News

This note reports on an interesting and important US federal court decision concerning sanctions enforcement and, significantly, a rare instance of a business challenging OFAC’s interpretation of a US sanctions regime. Exxon was successful in voiding a US$2 million sanctions penalty. However, for the rest of us this case demonstrates why caution around sanctions remains of paramount importance.

“International Protection of Investments – The Substantive Standards”
Cambridge University Press, 2020 [with Reinisch]

https://www.cambridge.org/at/academic/subjects/law/arbitration-dispute-resolution-and-mediation/international-protection-investments-substantive-standards?format=HB&isbn=9781107013582