Wed, March 19, 2014

TO: MEMBERS - U.S.-UKRAINE BUSINESS COUNCIL (USUBC)

RE: UPDATE ON THE SITUATION IN UKRAINE (see attachment)
 Briefing by Clifford Chance law firm, Kyiv, London, Moscow, Washington, D.C.
Clifford Chance is a member of the U.S.-Ukraine Business Council (USUBC), www.USUBC.org

CONTENTS:

  • SANCTIONS
  • EU Sanctions
    • Against certain Ukrainian officials
    • Against certain Russian and other officials
    • US Sanctions
    • Implications of US Sanctions
  • POTENTIAL UKRAINIAN MEASURES
  • LEGAL ISSUES IN RESPECT OF CRIMEA
    • General Issues
    • Title to Real Estate
    • Security Interests
    • Tax
    • Green Tariffs
    • Regulated Entities
  • CURRENCY CONTROLS
  • MAE CLAUSES IN LOAN AGREEMENTS
  • DERIVATIVES ARRANGEMENTS
  • SOVEREIGN DEBT

NOTE: SEE ATTACHMENT [PDF] FOR ENTIRE REPORT BY CLIFFORD CHANCE LLP, www.cliffordchance.com.