As economic sanctions continue to be levied and expanded related to the Russian invasion in Ukraine, Bass, Berry & Sims attorney Thad McBride provided insight for an article by Reuters discussing the legal questions global businesses have for operating amid such a rapidly evolving regulatory framework.
Many businesses are choosing to end operations in Russia. “There’s strength in numbers,” Thad said, adding that the major companies leaving Russia in droves gives smaller firms cover to do the same.
The full article, “U.S. Sanctions Lawyers are Busier than Ever. Here’s What Clients Want to Know,” was published by Reuters on March 18 and is available online. For ongoing updates on the sanctions activity in Russia, please visit the Bass, Berry & Sims GovCon & Trade blog.