Friday Round-Up
Here are a few recent odds and ends that are worth a mention (and to catch up on a few things I missed while on vacation): The Directorate of Defense Trade Controls (“DDTC”) issued guidance as to which activities are “gunsmithing”…
Clif Burns
Gone Fishin’ (Again)
Longtime friend and blog reader Pat had a good catch (so to speak) with respect to yesterday’s post on the Ernest Hemingway International Billfishing Tournament in Cuba. The post noted that participation in the tournament by U.S. persons might be…
Gone Fishin’
ABOVE: Messrs. Wilkins and Whitlock in Cuba [See update to this post here.] Every year Cuba has an internationally famous sport fishing tournament. Fisherman from the United States have always cast envious eyes at the tournament just a short hop…
Oh Noes! Another Post on UCC Article 4A and Blocked Wire Transfers
My apologies for yet another post arising out of Receivers of Sabena v. Deutsche Bank, but there is one more important point to be made if you’ll bear with me. (For background, here are links to the first post and…
Why Intermediary Banks Are More Scared Of OFAC Than You
In my post two days ago on the sad tale of Sabena Airlines and the blocked wire transfer, I focused on the rights (or lack thereof) of a beneficiary of wire that was blocked in mid-transit to recover those funds once unblocked…