Governments and international bodies have imposed economic sanctions to coerce, deter, punish, or shame entities that endanger their interests or violate international norms of behaviour. Economic sanctions can have a detrimental effect for businesses as they may directly impact trade, financial transactions and goods bought from certain countries.
Gentium Law Group regularly advises clients on the sanctions regimes introduced internationally against countries such as Iran, Syria, Libya, Sudan, Iraq and Ivory Coast. Our advice focuses on sanctions adopted at UN, EU, UK, US and Switzerland. Our aim is to give the best detailed advice on understanding the sanctions and their consequences.
- Advising a Swiss entity on the evolution and consequences of the 2014 Ukrainian sanctions.
- Acting for an oil trader affected by sanctions, arbitration proceedings before the LCIA.
- Advising on the current State of Sanctions (International, National and Swiss) affecting Iran to a company looking to develop its business presence in the country.