COP leaders stress the importance of putting climate plans into action and ensuring greater accountability and transparency, especially when it comes to supporting developing countries
Gibson, Dunn & Crutcher LLP: Gibson Dunn Launches Environmental, Social and Governance (ESG) Practice
Gibson, Dunn Crutcher LLP is pleased to announce that the firm has launched an Environmental, Social and Governance (ESG) Practice, which provides holistic advice to clients on their corporate responsibility and ESG risks and opportunities. The new practice is led by Dallas senior of counsel Ronald Kirk, London partners Susy Bullock and Selina Sagayam, Los Angeles partner Perlette Jura, and Washington, D.C. partners Elizabeth Ising and Michael Murphy. Clients are increasingly facing calls from stakeholders and regulators, as well as from within their own organizations, to proactively address ESG across their business footprint. Our new practice offers seamless advice to organizations grappling with complex developments across jurisdictions amid growing industry guidance and regulatory scrutiny, said Ken Doran, Chairman and Managing Partner of Gibson Dunn. Our ESG practice lever
December 18, 2020
On December 14, 2020, the United States imposed sanctions on the Republic of Turkey’s Presidency of Defense Industries (“SSB”), the country’s defense procurement agency, and four senior officials at the agency, for knowingly engaging in a “significant transaction” with Rosoboronexport (“ROE”), Russia’s main arms export entity, in procuring the S-400 surface-to-air missile system. These measures were a long-time coming under Section 231 of the Countering America’s Adversaries Through Sanctions Act (“CAATSA”) of 2017, the President has been
required to impose sanctions on any person determined to have knowingly “engage[d] in a significant transaction with a person that is part of, or operates for or on behalf of, the defense or intelligence sectors of the Government of the Russian Federation.” This includes ROE, and Turkey’s multi-billion dollar S-400 transaction with ROE has been public knowledge for at least three years. Indeed, in