Thompson Hine: President Biden Sanctions Nord Stream 2 AG as a Result of Russia's Invasion of Ukraine | Practical Law

Thompson Hine: President Biden Sanctions Nord Stream 2 AG as a Result of Russia's Invasion of Ukraine | Practical Law

On February 23, 2022, President Biden released a statement announcing that the US was imposing sanctions on Nord Stream 2 AG and its corporate officers. Effectively immediately, Nord Stream 2 AG has been placed on the Department of Treasury's Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List.

Thompson Hine: President Biden Sanctions Nord Stream 2 AG as a Result of Russia's Invasion of Ukraine

by Thompson Hine LLP
Published on 01 Mar 2022USA (National/Federal)
On February 23, 2022, President Biden released a statement announcing that the US was imposing sanctions on Nord Stream 2 AG and its corporate officers. Effectively immediately, Nord Stream 2 AG has been placed on the Department of Treasury's Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List.