Article
OFAC Fines Data Center Investor IPI $11.5M Over Funds Tied To Oligarch
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has announced a nearly $11.5 million settlement with Chicago-based IPI Partners, a data center-focused private equity firm, to resolve alleged violations tied to dealings with designated Russian oligarch Suleiman Kerimov.
Lowenstein Sandler