Today, the Office of Foreign Assets Control (“OFAC”) amended the Cuban Assets Control Regulations to, among other things, expand the general licenses authorizing travel by U.S. citizens to Cuba. Under the new amendments, U.S. citizens can travel to Cuba under…
A group of publishers have just petitioned the White House to “End the Book Embargo Against Cuba.” Say what? It’s illegal to send books to Cuba or import books from Cuba? Not so much. Due to the information exception in…
Yesterday the Office of Foreign Assets Control (“OFAC”) announced that it had extracted $304,706 from Halliburton Atlantic Limited and Halliburton Oversea Limited in connection with unlicensed exports of $1,189,752 in goods and services by those companies to the joint venture…
Two days ago, the Office of Foreign Assets Control (“OFAC”) announced that CGGVeritas S.A, a French company, and its U.S. and Venezuelan affiliates had agreed to hand over $614,250 to settle allegations that the companies had violated the U.S. embargo on…
ABOVE: Yulieski Gurriel It’s cold outside. It’s been snowing. So it’s time, of course, to dream of spring training and the boys of summer. Let’s talk baseball. And OFAC. Batter up! Wait, haven’t we said this before? Indeed we have,…