- Asia
Mitigating the Risk That Your Business May Be Subject to Potential Myanmar Sanctions
On February 1, 2021 the Myanmar military seized power in a coup, and detained Aung San Suu Kyi and other civilian leaders. The U.S., the U.K. and the E.U. condemned the Myanmar military’s actions. China noted the coup and expressed its hope that all sides could manage their differences properly. The United Nations Security Council called for the release of the detained leaders, but stopped short of condemning the coup.On February 2, the United States State Department issued a statement saying that it would take action against those responsible for the coup, including a careful review of the current U.S. sanctions relating to Myanmar’s military leaders and companies associated with them. Generally, economic sanctions are imposed to regulate transactions...To read the full article, please see the PDF file
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Asia Newsletter (February 10, 2021) (957 KB / 3 pages)
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He has extensive experience handling cases involving complex legal issues, such as mergers and acquisitions by a public-private investment fund in the context of a business turnaround, a high-value dispute between a securities company and a stock exchange, adoption of anti-takeover defense measures for the first time in Japan, expansion of foreign businesses into the Middle East involving geopolitical risks, and commercial arbitration involving sizable claims regarding M&A price adjustment clauses. Recently, he been advising on risk assessments for transactions, contract drafting, voluntary self-disclosure to government authorities, responses to enforcement actions by the authorities, and establishment of internal control systems with respect to economic security regulations. In particular, he engages in numerous transactions involving economic sanctions, export controls and other economic security regulations regarding conflicts between the US and China over technology competition and human rights issues in Myanmar, Iran and Russia.