Guidance Regarding New U.S. Executive Order on Somalia to Pirate Ransom Payments

Last week, the White House released Executive Order 13536 of April 12, 2010, “Blocking Property of Certain Persons Contributing to the Conflict in Somalia,” which has significant potential impacts on the payment of ransom by U.S. persons in the event of a Somalia related piratical attack.

http://www.winston.com/siteFiles/Publications/Briefing_4_23_10_v1.pdf