Last week the New York Philharmonic announced that it had been forced to cancel its planned concert in Cuba at the end of October. Although the Office of Foreign Assets Control (“OFAC”) granted licenses to let the instrumentalists travel to…
Last week an obviously confused reporter at internetnews.com reported what he thought were the details of a letter from the Bureau of Industry and Security (“BIS”) received by Mozilla, the open-source project responsible for Firefox, Thunderbird and other Internet applications,…
ANZ Bank, Australia’s third largest bank, recently agreed to pay to the Office of Foreign Assets Control (“OFAC”) a fine of $5.75 million to settle allegations that the bank had engaged in transactions in Sudan and Cuba in violation of…
Last week, the United States Court of Appeals for the D.C. Circuit issued its slip opinion in Del Monte Fresh Produce Company v. United States. The appeals court reversed a lower court ruling that had dismissed a case filed by…
A report on Reuters today raised some interesting issues with respect to the MTN-Bharti deal. The merger, which would create the world’s third largest wireless telephone company, is creating some heartburn for U.S. bankers who’d like to get a piece…