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Apr 14, 2022

Webinar Recording: Russia's Invasion of Ukraine: Navigating the Business Challenges and Legal Implications - Session 4: The Effect of US Sanctions Against Russia on Commercial Real Estate Documents

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Russia's invasion of Ukraine is having broad impact on workforces and the economy of the broader region and the world. As the war continues, companies must respond to new and quickly evolving circumstances that impact their operations, workforces, and reputations. Join Seyfarth as our interdisciplinary team of legal advisors discuss some of the most pressing issues and recent developments to help guide businesses navigating these challenges and the legal implications. 

Session 4: The Effect of US Sanctions Against Russia on Commercial Real Estate Documents

Russia's invasion of Ukraine has impacted all facets of the global economy, including the U.S. real estate industry.  Recent U.S. sanctions against Russia continue to place more individuals on OFAC lists.  Transacting with a party on an OFAC list can lead to criminal or administrative penalties, in addition to possible defaults under real estate documents that could have serious ramifications.  Additionally, FinCEN recently issued two alerts that identify the potential for evasion of sanctions by Russian individuals, which highlights the need for parties to real estate transactions to conduct diligence concerning the identity of a party with which one is transacting.  Join Seyfarth as our interdisciplinary team of legal advisors discuss some of the most pressing issues and recent developments to help guide businesses navigating these challenges and the legal implications.

Speakers

Gordon Peery, Partner, Seyfarth Shaw
Cameron Weil, Counsel, Seyfarth Shaw

Moderator

Leon Rodriguez, Partner, Seyfarth Shaw

Past Installments of the Webinar Series

Seyfarth's webinar series on Russia's Invasion of Ukraine will cover a number of significant topics and developments, including: 

If you have any questions, please contact Kate Avery at kavery@seyfarth.com and reference this event.

If you require auxiliary aids and services due to a disability to participate in this webinar, please contact Kate Avery by April 11, 2022.

Learn more about our Employment and Real Estate practices.

This webinar is accredited for CLE in CA, IL, NJ, and NY. Credit will be applied for as requested for TX, GA, WA, NC and VA. The following jurisdictions accept reciprocal credit with these accredited states, and individuals can use the certificate they receive to gain CLE credit therein: AZ, CT, NH. The following jurisdictions do not require CLE, but attendees will receive general certificates of attendance: DC, MA, MD, MI, SD. For all other jurisdictions, a general certificate of attendance and the necessary materials will be issued that can be used in other jurisdictions for self-application. To request CLE credit, fill out the recorded attendance form linked above and return it to CLE@seyfarth.com. If you have questions about jurisdictions, please email CLE@seyfarth.com. CLE credit for this recording expires on 04/13/2023.