Chi Tong Kuok, a citizen of the PRC, was indicted earlier this week for violations of the Arms Export Control Act in connection with an attempted export of a General Dynamics KG-175 Taclane Encryptor to Kuok at his address in…
ABOVE: Orionair BAe 146-300 Back in May, the Bureau of Industry and Security (“BIS”) issued a Temporary Denial Order against Spanish airline Orionair in connection with a pending export of two aircraft owned by Orionair to Syrian airline Syrian Pearl.…
Last week, the United States Court of Appeals for the D.C. Circuit issued its slip opinion in Del Monte Fresh Produce Company v. United States. The appeals court reversed a lower court ruling that had dismissed a case filed by…
. . . to the tune of $6,600. In the civil penalties information released today by the Treasury Department’s Office of Foreign Assets Control (“OFAC”), the agency reported that Willbros, a Texas-based oil and gas drilling services company, paid $6,600…
A report on Reuters today raised some interesting issues with respect to the MTN-Bharti deal. The merger, which would create the world’s third largest wireless telephone company, is creating some heartburn for U.S. bankers who’d like to get a piece…