Sens. Propose Tougher Sanctions On Iran Dealings

Law360, New York (December 7, 2010, 2:19 PM EST) -- Sens. Bob Casey, D-Pa., and Scott Brown, R-Mass., have introduced legislation to turn up the heat on U.S. companies and foreign subsidiaries that conduct business with Iran's government, including subscribing to the country's sovereign debt or signing long-term contracts for oil and gas purchases.

Casey and Brown introduced S. 4008 in the Senate on Friday. Similar legislation, H.R. 6296, was introduced in October in the House of Representatives by Rep. Brad Sherman, D-Calif.

Even as the U.S. prepares to continue talks with Iran and other countries...
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