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New sanctions block continuing performance of Libyan government contracts in addition to targeting Col. Qadhafi's assets

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • Libya, USA
  • -
  • March 16 2011

On February 25, 2011, the President issued an Executive Order blocking not only the assets of Muammar Qadhafi, Ayesha Qadhafi, Khamis Qadhafi, Mutassim Qadhafi, and Saif Al Islam Al Qadhafi, but also blocking all assets of the Government of Libya, as follows