Morrison & Foerster counsel Michael Dobson discusses how the U.S. Treasury believes it can curb the influence of Oleg Deripaska over aluminium giant Rusal despite concerns the Russian oligarch may still be able to pull the strings of his business empire from behind the scenes in the Daily Mail article entitled “Questions linger over Deripaska's Rusal influence after U.S. deal.”
Mr. Dobson indicated that while two former U.S. sanctions officials said the deal severed Deripaska's control, the issue as to whether he exercises de facto influence is beyond OFAC's scope.