A committee of the New Jersey state senate and a committee of the state assembly both recently approved legislation that would prohibit the state from entering into contracts with companies that do business in Iran. I recently posted on Florida’s…
Sometimes, believe it or not, export compliance efforts might be a bit overzealous and lead to other problems. Several readers brought to my attention this story at the Consumerist website suggesting that Apple Store employees in Georgia were refusing to…
In today’s civil penalty releases, the Office of Foreign Assets Control (“OFAC”) announced a settlement with a U.K company, Genesis Asset Managers, LLP (“GAM”), arising from a purchase that one of its subsidiaries, Genesis Investment Management, LLP (“GIM”), also based in…
Last Thursday, May 17, Ileana Ross-Lehtinen, who never saw a sanction she didn’t like, had her committee, the House Foreign Relations Committee, hold a hearing on sanctions in Iran. The Committee heard testimony from, among other witnesses, former Bush administration…
ABOVE: Ulrich Davis Mugshot On May 15, Ulrich Davis, a citizen and resident of the Netherlands, was sentenced to six months in prison and a $2,000 fine. He was charged with violating a Temporary Denial Order issued by the Bureau…