A Federal Register notice is scheduled to be published tomorrow in which the Office of Foreign Assets Control (“OFAC”) announces the issuance of a general license for the export of food to Iran and Sudan. Previously, although the Trade Sanctions…
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…
One more point should be made about the Al Haramain case that I discussed yesterday. And this point should strike fear in the heart of all but the most foolhardy. In holding that OFAC had sufficient evidence to designate the…
Last Friday the U.S. Court of Appeals for the Ninth Circuit released its opinion in a case brought by the Al Haramain Islamic Foundation (“AHIF”) in which AHIF challenged its designation as a terrorist-supporting organization by the Office of Foreign…
Even though the U.S. has lifted its Sudan sanctions with respect to the newly-minted state of South Sudan, that has not resolved the conundrum of U.S. oil investment and activity in South Sudan. South Sudan is land-locked, and all oil…