The US Congress recently passed the Rebuilding Prosperity and Opportunity for Ukrainians (“REPO”) Act, bipartisan legislation authorizing the President to seize billions of dollars in Russian sovereign assets to fund Ukraine reconstruction and aid. This legislation raises several issues that could have political and legal consequences. Join us on May 7, as members of the Squire Patton Boggs team discuss:
What does the REPO Act say?
How did Congress reach bipartisan consensus to pass it?
Will the REPO Act survive US court challenges?
How will the Biden Administration use this new authority?
How will Europe treat Russia’s frozen assets?
Will Russia retaliate, and in what form?
How can US, European and International businesses protect themselves against retaliation?