Paul Marquardt is a partner based in the Washington, D.C. office.
Mr. Marquardt’s practice focuses on economic sanctions, foreign investment review and anticorruption issues. He regularly advises sophisticated international clients regarding the application of U.S. sanctions legislation, including sanctions administered by the Office of Foreign Assets Control (OFAC) and the U.S. Department of State, as well as export control matters. Mr. Marquardt is a specialist in reviews by the Committee on Foreign Investment in the United States (CFIUS) and he has represented clients in a number of high-profile matters. He also has wide-ranging diligence and compliance experience in anticorruption matters under the Foreign Corrupt Practices Act and UK Bribery Act, as well as experience in related complex corporate governance questions and internal investigations.
Mr. Marquardt also advises on a broad range of cross-border transactional matters, particularly in the private equity and financial sectors, including mergers and acquisitions, joint ventures and general corporate transactions. He has substantial public and private international law experience and has represented a number of governments and international organizations.
Mr. Marquardt’s recent CFIUS representations have included: American Express in the formation of a global business travel joint venture with an investment group; GlaxoSmithKline in its acquisition of Novartis’s vaccines and OTC businesses; Google in the sale of Motorola Mobility's mobile devices business to Lenovo Group; TPG Capital and PAG Asia Capital in their acquisition of DTZ; Brightstar in the acquisition of a 57% interest in Brightstar by SoftBank; Parpública in its sale of a stake in Energias de Portugal to China Three Gorges; and Nortel in the sale of its CDMA/LTE and GSM telecom equipment businesses to Ericsson and other transactions.
Mr. Marquardt’s recent sanctions-related representations have included BNP Paribas, Clearstream Banking, SWIFT, a number of sanctioned and non-sanctioned Russian entities and numerous other European, Asian, and Latin American financial institutions and industrial clients in regulatory and compliance matters, as well as in civil, criminal and regulatory investigations.
Mr. Marquardt is recognized as a leading corporate/M&A and private equity lawyer and a CFIUS expert by Chambers USA
. He currently serves as Vice- Chair of the American Bar Association’s Export Controls and Economic Sanctions Committee. He writes and speaks regularly on sanctions and CFIUS matters. Recent engagements includes: Practising Law Institute’s “Coping With U.S. Export Controls and Sanctions 2014” (OFAC panel); the Institute of International Bankers 2014 Anti-Money Laundering Seminar (OFAC compliance and enforcement panel); the Council on Foreign Relations’ 2014 “Briefing on Foreign Investment in the United States”; and the American Bar Association’s 2013 conferences “U.S. Sanctions Year in Review” and “China—Inside and Out: Antitrust, Intellectual Property and Other Regulatory Issues for Initiating and Operating Outbound and Inbound Investments.”
Mr. Marquardt joined the firm in 1995 and was elected partner in 2003. From 1998 to 2002, he was resident in the Brussels office. He received a J.D. and an M.A. in international relations from Yale University in 1994, where he was Book Reviews Editor of the Yale Law Journal
, and an undergraduate degree, with highest distinction, from the University of Michigan in 1990. From 1994 to 1995, he served as law clerk to the Honorable James B. Loken of the United States Court of Appeals for the Eighth Circuit.
Mr. Marquardt is a member of the District of Columbia Bar and the State Bar of Michigan.