UPDATE: U.S. significantly expands sanctions against Iran
13 August 2012Economic Sanctions Alert
As discussed in our Alert dated August 3, President Obama signed into law on Friday, August 10, the new Iran legislation passed by Congress on August 1. This new law imposes new restrictions, including broad changes for entities owned or controlled by U.S. persons and U.S. companies. Companies should assess immediately the effect of this new legislation on their operations.