Cleary Gottlieb Steen & Hamilton LLP (LexBlog Russia)

9 results for Cleary Gottlieb Steen & Hamilton LLP (LexBlog Russia)

  • Delaware Court Enjoins Poison Pill Adopted in Response to COVID-19-Related Market Disruption

    On February 26, 2021, the Delaware Court of Chancery (McCormick, V.C.) issued a memorandum opinion in The Williams Companies Stockholder Litigation enjoining a “poison pill” stockholder rights plan adopted by The Williams Companies, Inc. (“Williams”) in the wake of extreme stock price volatility driven by the double whammy of COVID-19 and the Russia-Saudi Arabia oil...

  • Compromise U.S. Defense Bill Provides for New Secondary Sanctions Against Russia, Syria, and North Korea

    On the evening of December 9, 2019, a U.S. congressional conference committee released the compromise version of the National Defense Authorization Act for Fiscal Year 2020 (“NDAA 2020” or “Defense Bill”).  NDAA 2020, which will be voted upon without further amendment and is virtually certain to be enacted into law, contains provisions that would authorize...

  • New Executive Order Hints at Additional Sanctions on Russia; Implementation to Come

    Late in the evening of August 1, 2019, President Trump signed an executive order (the Executive Order) re-delegating implementation of certain sanctions under the Chemical and Biological Weapons Control and Warfare Elimination Act of 1991 (CBW Act) to the Secretary of the Treasury. According to press reports, the Administration may be preparing for a second...

  • Russia Sanctions Bill Reintroduced by Bipartisan Group of Senators

    On February 13, 2019, a bipartisan group of senators introduced a draft bill that, if adopted, would significantly strengthen sanctions relating to the Russian Federation.  Introduced as the “Defending American Security from Kremlin Aggression Act of 2019” (“DASKA”), the wide-ranging bill covers a number of subjects, in particular a range of new cybersecurity provisions.  This...

  • U.S. State Department Imposes New Sanctions on Russia

    On August 8, 2018, the U.S. Department of State announced in a press release that in reaction to the use of the nerve agent “Novichok” in the attempted assassination of UK citizens Sergei and Yulia Skripal, the United States would introduce sanctions on the Russian Government under the Chemical and Biological Weapons Control and Warfare...

  • EU Reacts to Impact of Russia Sanctions Bill on European Energy Investments

    Background On August 2, 2017, President Donald Trump signed a bill imposing new sanctions on Russia. Days earlier, the proposed legislation sparked a vigorous reaction in the European Union. On July 26, 2017, European Commission President Jean-Claude Juncker warned of “unintended unilateral effects that impact the EU’s energy security interests”. In the same vein, the...

  • Congress Reaches Agreement on New Sanctions against Russia, North Korea, and Iran

    On July ­­25, 2017, the United States House adopted H.R. 3364, the “Countering America’s Adversaries Through Sanctions Act” (“CAATS”), a compromise measure incorporating both House and Senate sanctions proposals.  The vote was 419-3.  CAATS was approved by the Senate on July 27, 2017 (the vote was 98-2).  It now awaits signature by President Trump (who...

  • Senate Adopts New Sanctions Targeting Russia and Iran

    On June 15, 2017, the United States Senate adopted S.722, incorporating the “Countering Russian Influence in Europe and Eurasia Act of 2017” and the “Countering Iran’s Destabilizing Activities Act of 2017,” by a vote of 98-2. The new law, assuming it is passed by the House and adopted,  would: codify all existing Russia sanctions and...

  • Bipartisan Group of Senators Introduces Draft Bill to Expand U.S. Sanctions against Russia

    On January 11, 2017, a bipartisan group of senators introduced a draft bill that, if adopted, would cement and significantly broaden U.S. sanctions relating to the Russian Federation and Ukraine. The authors have dubbed the bill the “Counteracting Russian Hostilities Act of 2017,”[1] but the scope of the bill goes well beyond recent allegations of...

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