US view on Iran sanctions and Libya
02/03/2011
Doug Maag, Senior Counsel at the Clyde & Co.New York office focuses on how the US is dealing with the ongoing Iran sanctions and the new sanctions against Libya.
Unrest in Egypt, Libya and the Middle East
02/03/2011
The recent civil unrest and unexpected political changes in Tunisia and Egypt have now spread to Libya and are being felt in Bahrain, Yemen and other countries in the Middle East. Libya is the first major oil exporter to be affected, and has seen the most violent repression of public protests. The situation there is changing rapidly and the outcome remains uncertain.
HM Treasury issued a Financial Sanction / Counter Illicit Finance Notice (the "Treasury Notice") on 27 October 2010 witha detailed commentary on the EU Regulation.
Advice from Chalos & Co of New York regarding the US President's Executive Order relating to sanctions against Libya
On 15 January 2011 the EU adopted Council Regulation No 25/2011 which took immediate effect in EU Member States.
Links provided by the HM Treasury, UK Foreign & Commonwealth Office and Isle of Man
Council Regulation (EU) No 25/2011 of 14 January 2011 amends Regulation (EC) No 560/2005 and imposes "certain specific restrictive measures directed against certain persons and entities in view of the situation in Côte d'Ivoire".
EU Regulation 961/2010 - Iran sanctions
27/10/2010
The EU published the Regulation 961/2010 to implement the Council Decision of 26 July 2010 concerning restrictive measures against Iran setting out existing EU sanctions
Cargo Claims under UAE law
11/08/2010
Cargo claims in the United Arab Emirates according to the Maritime Code and the Civil Procedure Code.
The Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea (Rotterdam Rules) was adopted in December 2008 by the UN General Assembly. It will significantly increase the liability of shipowners and maritime carriers in respect of the carriage of cargo.