Arms to Iran or a Cuban cigar? A risk sensitive approach to sanctions for the loan marketSep 2014 | Client publication/article
This article explains the background to and nature of the contractual protection on sanctions being sought by lenders in loan documentation and the aspects that can present a particular challenge to European borrowers.
This article was originally published in the September 2014 issue of Butterworths Journal of International Banking and Financial Law.
The author is grateful to Melissa Duffy of Hughes Hubbard & Reed LLP for input on US law aspects. Melissa is a senior associate in the Washington DC office specialising in international trade.
Kathrine Meloni (special adviser)
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