Force majeure contract provisions are potentially coming into play as Maersk, Hapag-Lloyd, and other ocean carriers divert ships around geopolitical trouble spots in the Red Sea.
The Application of Force Majeure Provisions to Shipping Disputes
December 2023 Trade Law Update
In Husch Blackwell’s December 2023 Trade Law Update you’ll learn
about the following updates in international trade and supply chain law:
- An update on U.S. Department of Commerce decisions
- U.S. International Trade Commission – Section 701/731 proceedings
- Customs and Border Protection case summaries
- Summary of decisions from the Court of International Trade
Should you have
Executive Order Imposes New Russia Sanctions for Foreign Financial Institutions and Prohibits Additional Russian Imports
Executive Order Imposes New Russia Sanctions for Foreign Financial Institutions and Prohibits Additional Russian Imports
On December 22, 2023, President Biden issued Executive Order 14114, which amended previous Executive Orders in order to authorize the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) to impose additional Russia-related sanctions on foreign financial institutions and