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Morrison & Foerster partner John E. Smith explained the ramifications of the Iran sanctions “snap back,” including how U.S.-owned or U.S.-controlled subsidiaries will now need to act in order to avoid penalties, in the Corporate Counsel article “New Iran Sanctions Have General Counsel Looking for Safe Path Forward.”

New Iran Sanctions Have General Counsel Looking for Safe Path Forward

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Morrison & Foerster partner John E. Smith explained the ramifications of the Iran sanctions “snap back,” including how U.S.-owned or U.S.-controlled subsidiaries will now need to act in order to avoid penalties, in the Corporate Counsel article “<a target="_blank" href="http:https://media2.mofo.com/v3/assets/blt5775cc69c999c255/blt9de3ee79d471db12/62731b90deee7329767e7820/181106-iran-sanctions-general-counsel.pdf">New Iran Sanctions Have General Counsel Looking for Safe Path Forward.</a>”“It’s a phone-ringing-off-the-hook moment,” he said.