US company seeks OFAC licence to continue with restructuring

9 February 2026

US company seeks OFAC licence to continue with restructuringJim Lambert/Shutterstock.com

US technology company Luminar Technologies has said it needs a licence from the US Office of Foreign Assets Control to cancel the ownership rights of US-sanctioned investor, Suleiman Kerimov. Mr Kerimov invested in Luminar through...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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