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ARTICLE · 28 MARCH 2014

Crimea River: U.S. Rushes To Impose Sanctions

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The situation with respect to U.S. sanctions related to Russia and Ukraine is evolving rapidly.

United StatesGovernment, Public Sector
Thaddeus McBride
Thaddeus McBride
Cheryl Palmeri
Cheryl Palmeri
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The situation with respect to U.S. sanctions related to Russia and Ukraine is evolving rapidly.  As we previously reported, on March 6, 2014, President Obama issued Executive Order 13660, which authorized the blocking of property of individuals and entities involved in the political destabilization of Ukraine. Under this Order, the U.S. Government was specifically authorized to take the following steps:

  1. Block the property and property interests in the United States of individuals and entities that are (i) responsible for undermining the peace, security, stability, sovereignty, and/or territorial integrity of Ukraine; or (ii) owned / controlled by, or acting on behalf of any person whose property and interests are blocked by this Order;

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