Designated Entity Clauses — No Substitute For Knowing Who You Are Dealing With
By EsqSocial Corporation 19/11/13
With increasing frequency, parties to charters and other maritime contracts are including so-called Designated Entity Clauses or “OFAC” provisions. These clauses have the aim of complying with sanction programs such those administered by the U.S....
By: King, Krebs & Jurgens, PLLC