Sanctions issues

Patrick Crow Washington, D.C. U.S. sanctions blocking investments in certain other countries have been troublesome for international oil companies. Even more difficult, though, has been a rash of state and local sanctions laws. Fortunately, a recent federal court ruling may have put an end to that mischief. U.S. District Court Judge Joseph Tauro, sitting in Boston, ruled Nov. 4 that Massachusetts' "Burma Law" interferes with the federal government's powers to regulate foreign affairs. Judge Tauro said that the state law was "designed with the purpose of changing domestic policy" and "state interests, no matter now noble, do not trump the f...

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