Key takeaways:

• The current situation in Ukraine continues to develop swiftly, with headlines being made daily by events within the country, international diplomatic efforts and economic consequences.
• The US and EU have expanded the potential scope of sanctions and several additional people have been specifically targeted.
• The US has named 27 individuals and one Russian bank, while the EU has sanctioned 33 individuals. Other countries are following suit.
• Against this backdrop, questions continue to be asked about the potential impact on deals, operations, pending lawsuits, etc.
• This update acts as a follow on from our update of March 13th, and aims to collect some of the further key concerns and questions being raised out of the current situation.