Compliance Hot Spots: MoFo Lawyers on Managing Risk in Russia Sanctions Crisis + Big Law Reps Facebook Rivals in FTC Suit
The former head of the Treasury Department's sanctions office said the broad global response to Russia's war in Ukraine "goes beyond anything that you could ever imagine."
March 23, 2022 at 05:22 PM
18 minute read
Compliance Hot Spots
Welcome to Compliance Hot Spots, our weekly snapshot on white-collar, regulatory and compliance news and trends. Judge Ketanji Brown Jackson's Supreme Court confirmation hearing continued for a third day today (following such questions as "define a woman" and "are babies racist?" from the world's most deliberative body). Read our full coverage here. But today, we'll focus on the war in Ukraine, speaking with two leading sanctions lawyers about the fallout from the world's aggressive response to Russia's invasion. Please get in touch with tips and feedback. Contact me at [email protected] and @AGoudsward on Twitter.
Brandon L. Van Grack(L) and John E. Smith(R) of Morrison Foerster. Courtesy photos MoFo Lawyers on How the U.S. Government 'Shattered the Playbook' in Russia Response
Russia's war on Ukraine has elicited an unprecedented economic response from Western governments.
Round after round of sanctions and export controls imposed in the weeks since the invasion has sent companies scrambling for legal counsel on how to comply with new restrictions, prepare for the Justice Department's coming enforcement crackdown and manage reputational risks as the backlash grows against Russia's increasing assault on civilians in Ukraine.
To understand more about all of it, I recently spoke with two lawyers who have been working nearly non-stop since the invasion began, Morrison & Foerster partners John Smith and Brandon Van Grack, both co-chairs of the firm's national security practice.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Compliance Hot Spots: GOP Eyes ESG as an Antitrust Issue + Another DOJ Crypto Seizure + Sidley Partner Jumps to Main Justice
9 minute read
Compliance Hot Spots: Lessons from Lafarge + Fraud Section Chief Talks Compliance + Cravath Lands FTC Commissioner
11 minute readLaw Firms Mentioned
Trending Stories
- 1A Judge Is Raising Questions About Docket Rotation
- 2Eleven Attorneys General Say No to 'Unconstitutional' Hijacking of State, Local Law Enforcement
- 3Optimizing Legal Services: The Shift Toward Digital Document Centers
- 4Charlie Javice Fraud Trial Delayed as Judge Denies Motion to Sever
- 5Holland & Knight Hires Former Davis Wright Tremaine Managing Partner in Seattle
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
