Swift Quoted on Whether French Energy Company’s Billion Dollar Investment in Iran Will Spur US Investment

Partner Christopher Swift was quoted in a TheStreet article, “Total’s $1 Billion Iran Deal Isn’t Likely to Herald More Investment as Banks Balk,” which covered the likelihood of American and other foreign companies investing in Iran following French energy giant Total SA announcement of its $1 billion investment there.

Swift explained, “the default setting for U.S. companies or foreign companies that are U.S. owned when it comes to Iran is no, unless there is a good reason to get to yes.”