New-York based electronics wholesaler Earlier this year we reported on an indictment against New-York based electronics wholesaler Sunrise Technologies and Trading Company (“ST&TCâ€) and its president Jeng “Jay†Shih for exporting laptops to Iran by transshipping them through the UAE.…
ABOVE: Flowserve HQ The Bureau of Industry and Security (“BIS”) announced on Monday that Texas-based manufacturer Flowserve agreed to pay $2.5 million to settle charges that the company and its foreign affiliates to settle BIS’s allegation of 288 violations of…
Last week the Bureau of Industry and Security (“BIS”) issued a press release, announcing a $40,000 fine that Ram International, a St.-Louis-based freight forwarder, had agreed to pay in connection with two exports of tin scrap to Allied Trading Company…
While Washington is as empty as a turkey coop on Thanksgiving, the White House sent up to the abandoned halls of Congress its annual proclamation, under the International Emergency Economic Powers Act (“IEEPA”), declaring a continuation of the national emergency…
The Bureau of Industry and Security (“BIS”) today added a number of entities to the Entity List, including Greek charter airline Sky Wings Airlines. When a company is added to the Entity List, all exports of items “subject to the…