International Law
May 27, 2022
Assets linked to Russian oligarchs could put California in the crosshairs
Given California’s economic prowess in key sectors – agriculture, healthcare, technology and a high-priced housing market – the Golden State is fertile ground for Russian investment.
The Department of Justice (DOJ) is hunting assets linked to Russian oligarchs. California companies should take appropriate steps to avoid being caught in the crosshairs.
Background
This year’s major foreign policy issue has been Russia’s invasion of Ukraine. On Feb. 24, Russian President Vladimir Putin ordered troops to invade the European nation, causing global outrage and condemnation from the United States ...
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