Tag: legal challenge

ExxonMobil challenges “retroactive changes” on Russian sanctions by US Treasury

ExxonMobil argues Treasury can’t apply sanctions just because it retroactively changes its interpretation of rules ExxonMobil said it has launched a legal challenge to a finding by the Treasury Department’s Office of Foreign Assets Control (OFAC) that it violated U.S. sanctions against Russia in 2014 when the company followed authoritative and specific guidance from the Obama […]