Satoriagricultural Consultancy and Projects Management LLC (SCPM) v. T&R Productions LLC, Case No. 1:25-cv-01287 (D.D.C.) (Memorandum Opinion)

Date issued: Jan. 08 2026

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TURBOFAC Commentary (1092 words)

Notes:

1) BACKGROUND

As explained in the background section of the Memorandum Opinion, this case arises out of the purchase of rights to payment pursuant to arbitral awards by a non-sanctioned U.S company UAE entity, where award was rendered against a non-sanctioned U.S company in favor of a Russian entity that was blocked pursuant to EO 14024 soon after the UAE entity purchased the awards. The UAE assignee of the awards sought “recognition and enforcement” of the awards. The proximity in time between the purchase of the awards from the Russian entity and OFAC’s blocking of the Russian entity led the court to suspect that the purchase of the awards was “a potential end-run around U.S. sanctions”. The court, in an order, “invit[ed] the views of the United States because the United States government, including the Treasury Department and the...