03 Jun 2015

LEAP Phone-In Discussion: Trade Sanctions & Antiboycott Clauses In Oil Contracts

Free Phone-In Discussion

Join the experts on June 25th @ 10am EDT for an in depth discussion of the current state of affairs with regards to trade sanctions and antiboycott clauses in oil contracts.

In conjunction with┬áthe law firm of Sutherland Asbill & Brennan LLP, LEAP is proud to organize this 1-hour event. Beverly Rudy, a partner in Sutherland’s Energy, Environment, and Commodities Practice, together with Cheryl Aaron, will discuss:

  • Emerging issues with regards to sanctions compliance in the trading of energy commodities
  • Different points of view on drafting sanctions compliance clauses, including:
    • Substantive and jurisdictional scope of trade restrictions compliance
    • Criteria for suspension of performance or early termination
    • Indemnification
    • Coverage of affiliates and non-U.S. persons
    • Savings clause
  • Importance of contractual protections if sanctions-related matters arise

In addition, Beverly and Cheryl will discuss a variety of sanctions and boycott-related clauses found in recent GTCs of major industry participants and highlight how they differ and what the differences mean.

Although there is no charge for this phone-in, REGISTER NOW AS SPACE WILL BE LIMITED.

Registration is now CLOSED

If you are interested in attending or want more info on this topic, please contact Kevin Jandora via kjandora@energyleap.org.