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Article 2019-08-23
Civil sanctions - a more proportionate response to environmental offences?
Since 2010, the Environment Agency (EA) has had the ability to impose ‘civil sanctions’ in lieu of criminal prosecution for certain environmental offences.
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News 2019-06-03
Kennedys bolsters global marine and energy practice with hire of 12-strong team
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Report 2019-01-17
London Market Forecast 2019
In a global insurance environment facing change at an unprecedented rate, the London Market’s experience and expertise remains reassuringly consistent. As 2019 promises to continue down this evolutionary path, we offer our predictions on some of the London Market’s priority areas.
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News 2018-11-01
Israel association drives Kennedys’ EMEA expansion
We are pleased to announce that we have increased our presence in the EMEA region through an association with Israeli firm Zelichov, Ben-Dan & Co, with whom we have been working for over ten years.
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Case review 2018-10-31
Sanctions: fear of breach not enough – impact on marine insurers
On 12 October 2018 the Commercial Court handed down judgment in the Mamancochet Mining case.
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Case review 2018-10-17
Sanctions: fear of breach not enough – impact on aviation insurers
On 12 October 2018, judgment was handed down in the High Court in a case concerning whether insurers under a marine policy could rely on a sanctions clause to avoid payment of a first party claim.
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Article 2018-08-07
How US sanctions on Iran will affect insurers
On 8 May 2018, President Trump announced the end of the US’s participation in the Joint Comprehensive Plan of Action commonly known as the Iran nuclear deal, and further announced that the US would be re-imposing sanctions against Iran which had been suspended since 16 January 2016.
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Article 2018-07-31
Trade sanctions: a 'neutral's perspective
Following the US summit between US President Trump and North Korean Supreme Leader Kim Jong-un, we pause here to consider its significance, the impact on US-North Korea relations, and the the position of “neutral” countries on trade sanctions.
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Article 2018-03-05
CSE sanctions breaches: the long arm of US sanctions
Last year, the Singapore listed company CSE Global Limited (CSE Global) and its wholly-owned Singaporean subsidiary CSE TransTel Pte. Ltd. (CSE TransTel) (collectively referred to as “CSE”) entered into a settlement agreement with the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) requiring CSE to pay a settlement of US$12 million.
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Article 2018-01-11
Five lessons from the ZTE sanctions violations
As we start the new year, we examine some of the lessons to be learnt from the ZTE sanctions violations settlement which was the largest such settlement with the US regulators in 2017.