We all know about exporters who, having spent the money to register with the Directorate of Defense Trade Controls (“DDTC”), can’t resist crowing about it, with some even implying in press releases that registration is a certification from DDTC that…
ABOVE: Online Micro HQ Last week the Bureau of Industry and Security released Settlement Agreements it entered into with Massoud Habibion, Mohsen Motamedian, and Online Micro LLC in connection with computers exported to Iran through an intermediary in the UAE.…
In yesterday’s post, I discussed the ramifications of the debarment of six freight forwarders — Bax Global, Inc.; Ceva Logistics LLC; EGL, Inc.; Kuhne and Nagel International AG; Panalpina, Inc. (including its Swiss affiliate Panalpina Welttransport Holding AG); and Schenker…
A rumor has been circulating that some prominent freight forwarders have been debarred by the Directorate of Defense Controls (“DDTC”) and can no longer handle defense articles listed on the United States Munitions List. This rumor starts with the appearance…
The Office of Foreign Assets Control (“OFAC”) was feeling left out as the one branch of Treasury not tangled up in the foreclosure crisis, so it decided to take a whack at a condominium association that was just trying to…