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Articles by Amy Comer
Two Months On: EU & U.K. Continue Expanding Russia Sanctions | JD Supra
Two months into Russia’s invasion of Ukraine, the EU and the U.K. have continued to expand their Russia sanctions programs. Here we summarise the measures introduced since our previous update and we overview where the EU and U.K. programs are since the invasion started on 24 February.
What to expect with M&A in 2022
Comment Tech, regulation, ESG and diversity and inclusion will help drive M&A activity this year The UK parliament passed the National Security and Investment Act, which along with other national regulations could impact on M&A Getty Images By Amy Comer and Christina Mouktari Tuesday April 12, 2022 10:05 am The business world is constantly evolving, and companies must continually adapt to changes to remain competitive – one way to do this is through M&A.
EU Announces Fifth Round of Russian Sanctions; U.K. Extends Financial Sanctions | JD Supra
On April 5, 2022, the EU announced the fifth package of sanctions against Russia. The latest round, aimed at cutting deeper into the Russian economy, will focus on the following six areas: An import ban on coal from Russia, which is estimated to cost Russia EUR 4 billion a year. A full transaction ban on four key Russian banks, among them VTB, the second largest Russian bank. The four banks now totally cut off from the EU financial markets represent 23% of the Russian banking sector.
U.K. Expands Russian Financial Sanctions | JD Supra Original
On March 24, 2022, the U.K. added 65 new targets, including several prominent Russian organisations and individuals, to its financial sanctions put in place following the invasion of Ukraine. The most prominent individual targets to have their assets frozen are: ALFA-BANK JSC, described by the Foreign Office as a top 10 bank in Russia and the country’s largest private bank. Alrosa, described as the largest diamond mining company in the world.
Russian Sanctions/Export Controls Update: U.S.-European Sanctions/Export Control Measures Continue to Mount | JD Supra
The Russian invasion of Ukraine is continuing to prompt escalating sanctions and export controls on both sides of the Atlantic. Our team breaks down the latest measures coming out of the European Union, the United Kingdom and the United States.
U.K. Sanctions Strike Chelsea Football Club Owner | JD Supra
On March 10, 2022, the U.K. announced sanctions against seven Russian oligarchs, including Roman Abramovich and Oleg Deripaska.
Russian Financial Sector Sanctions: A Summary | JD Supra
The international sanctions targeting the Russian Federation include significant financial sanctions against Russian banks.
Regulatory Implications of Brexit on the UK and EU Aerospace Industry | JD Supra
The U.K.’s exit from the European Union may appear to be a fait accompli, but despite the monumental size of the Trade and Cooperation Agreement (TCA) agreed by the two sides, many details were left to be thrashed out at a later date. As a result, not a week goes by without one or another U.K. lobbying group highlighting the somewhat unsatisfactory position their sector of the U.K. economy finds itself in, compared to the period before 1 January 2021.
M&A Dispute Provides Rare Glimpse Into English Courts’ Approach to Breach of Warranty Claims | JD Supra
English M&A counsel are often heard telling their clients that breach of warranty claims will likely settle out of court. This certainly seems to have been the case in the past, and we are all aware of the paucity of binding authority on a number of commercial and legal issues related to warranties and disclosures. However, a recently decided case demonstrates that there is an exception to every rule.
English High Court Weighs in on MAC Clause in M&A Transaction | JD Supra
It has become something of a truism for English M&A lawyers to say that material adverse change (MAC) clauses are rarely triggered in practice. A recent English judgment in Travelport Ltd v Wex Inc [2020] EWHC 2670 (Comm) will be of interest to parties to M&A transactions as it highlights the English courts’ approach to one of the key aspects of such claims.
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