Article
Source: Association of Corporate Counsel
Article
By Nancy A. Fischer,
06.04.20
Pillsbury International Trade partner, Nancy Fischer, co-wrote an article in Association of Corporate Counsel with Adriana Dulic, Chief Compliance Officer at Epoch Payment Solutions, on international sanction risks.
“As a general counsel for a US-based global provider of medical devices and with US President Trump announcing new sanctions practically every day, your CEO has asked you whether expanding your market to untapped places such as the Middle East (including Iraq and Iran) would be available to your company (including your European subsidiary) and, if so, whether it would require obtaining any licenses before the launch. The CEO would like to launch this market expansion next year. You begin to research whether you can do this and what would you need to do to make it happen.”
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Reprinted with permission of the authors and the Association of Corporate Counsel as it originally appeared: Adriana Dulic and Nancy Fischer, “The Real Game of Risk: International Sanctions,” (June/2020, 44-49). Copyright © 2020, the Association of Corporate Counsel. All rights reserved. If you are interested in learning more about ACC, please visit www.acc.com, call 202.293.4103 x360, or email membership@acc.com.