“U.S. Sanctions: A Labyrinth of Mythic Proportions”On August 28, 2014 by Schnader
Schnader attorneys Barry S. Alexander and Julie E. Randolph authored “U.S. Sanctions: A Labyrinth of Mythic Proportions” for the August edition of DRI’s For the Defense. In the article, which is focused on the often used foreign policy tool of economic sanctions, the authors recommend that insurance companies who work with entities operating in sanctioned countries educate themselves as to the sanctions regimes that could apply to them and employ counsel to analyze transactions on a case-by-case basis. The authors note that the legal landscape governing sanctions is constantly changing and insurers are typically provided with limited guidance from the sanctioning bodies.