Colorado-based Rocky Mountain Instruments, a manufacturer and distributor of optical components for lasers and imaging devices, filed for reorganization under Chapter 11 of the Bankruptcy Code. An affidavit by a company executive that is part of the filing also blames…
. . . 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…
An alert reader from the U.K. pointed this out: BERR (“Department for Business, Enterprise & Regulatory Reform”) which houses the United Kingdom’s Export Control Office has changed its name to BIS (“Department for Business Innovations and Skills”). I can’t imagine…
A press release from Her Majesty’s Revenue and Customs (U.K.) supplied some further and very interesting details relating to the conviction of three UK residents (including two Iranians granted political asylum) for the attempted export to Iran of oxygen cylinders…
Firth Rixson Monroe, a specialty metals forger, recently agreed to pay $85,000 to the Bureau of Industry and Security (“BIS”) to settle charges that the company exported, on three occasions, 1,055 pounds of 6-2-4-2 titanium alloy billets worth about $35,000…