Stefani Blogs on Designated Entity Clauses
Bob Stefani has authored a blog post about Designated Entity Clauses in maritime contracts. These clauses have the aim of complying with sanction programs such those administered by the U.S. Office of Foreign Assets Control (“OFAC”) or multi-national organizations such as the European Union or United Nations. But, do the provisions truly offer any protection?
The post appears on King Krebs & Jurgens' Offshore Winds legal blog for marine and energy businesses.