Steps To Take As Sanctions Against Russia Escalate
March 24, 2014, 3:03 PM EDT
Law360, New York (March 24, 2014, 3:03 PM EDT) -- Events are rapidly evolving with respect to Russia’s recent military incursion into, and subsequent annexation of, Ukraine’s Crimean peninsula. The Obama administration considers Russia’s acts to be clear violations of international law and believes Russia should incur significant costs for threatening the peace, stability and security of Ukraine and the region. To that end, the United States and other nations have implemented sanctions against Russia.
Initially, the U.S. sanctions targeted particular individuals engaging in or responsible for the conduct in Ukraine. However, as Russian President Vladimir...