Yesterday the Bureau of Industry and Security (“BIS”) released a Settlement Agreement it had entered into with Selex Sistemi Integrati, Inc. According to the charging papers, Selex had exported an instrument landing system classified under ECCN 7A994 and then re-exported…
A copy of the indictment of two Louisiana men for selling CAD software to companies in Iran which we reported last week is now posted here. And it certainly raises some interesting issues. First, the AP wire story gave the…
According to an Associated Press wire story, two Louisiana men were indicted on charges that they illegally attempted to export structural design software to Iran without a license from the Office of Foreign Assets Control (“OFAC”). The two men own…
Mahmoud Ahmadinejad The General Accounting Office (GAO) today released a report on the effectiveness of the unilateral sanctions imposed by the United States on Iran. The report cast doubt on the effectiveness of these sanctions and criticized the agencies charged…
The Treasury Department’s Office of Foreign Assets Control (“OFAC”) released today its monthly summary of enforcement actions. It would appear that the OFAC Task Force devoted to crushing sales of Cuban stogies on the Internets was either on vacation or…