By Maya Lester KC & Michael O’Kane

German State approves climate foundation to support Nord Stream 2 construction

The German State of Mecklenburg-Vorpommern has approved the establishment of the MV Climate and Environmental Protection Foundation, which will contribute to the completion of the Nord Stream 2 pipeline through its business operations. State Premier Manuela Schwesig said that the foundation will shield companies involved in the construction and operations of the pipeline from US sanctions by acquiring, holding and …

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About Michael O'Kane

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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 &...

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