Webissuance of the General Licence INT/2024/2252300 (the “General Licence”) which, broadly speaking, created a means for lawyers to receive payment of their fees from designated persons or entities without committing an offence under the Russia Regulations. VTB Commodities Trading DAC v JSC Antipinsky Refinery [2024] EWHC 2795 (Comm) WebApr 11, 2024 · OFSI has said that it will renew its legal services General Licence (GL), applicable to the Russia and Belarus sanctions regimes, until 28 October 2024. See GL …
General license Definition: 107 Samples Law Insider
WebNov 14, 2024 · General Licence INT/2024/2252300 now means that a UK legal firm or UK counsel who has provided legal advice to a person designated under either the Russia or Belarus regime will not have to wait for an OFSI specific licence before they can receive payment from that designated person, provided that the terms of the general licence are … WebNov 20, 2024 · In practice, General Licence INT/2024/2252300 means that a UK legal firm or UK Counsel who has provided legal advice to a person designated under either the Russia or Belarus regime, will not have to wait for an OFSI specific licence before they can receive payment from that designated person, provided that the terms of the general … tampa ambulatory center
Sanctions Weekly Update - Ukraine/Russia Conflict - April 10, 2024
WebMar 9, 2024 · In practice, General Licence INT/2024/2252300 means that a UK legal firm or UK Counsel who has provided legal advice to a person designated under either the … WebDec 14, 2024 · OFSI General Licence – Legal Fees INT/2024/2252300 and OFSI General License – London Court of International Arbitration (LCIA) Arbitration Costs INT/2024/1552576. WebNov 7, 2024 · On October 28, 2024, the UK released two General Licenses under its Russia and Belarus sanctions regimes. The first, General License INT/2024/2252300, permits designated persons (“DPs”) and entities owned or controlled by DPs to pay legal fees to law firms and counsel until its expiration on April 28, 2024. General License … ty caton merlot