The Office of Foreign Assets Control (“OFAC”) today released a document entitled “Notice for TSRA License Holders and Applicants.” In that document, OFAC notes that Bank Sepah, Bank Saderat, Bank Mellat and their branches and certain subsidiaries were designated pursuant…
The Office of Foreign Assets Control (“OFAC”) yesterday released its monthly report on penalties imposed by the agency last month. And, for the first time since the invention of the Internet, no one got fined for buying Cohibas over the…
The apparently never-ending fight over the trademark for “Havana Club” rum made a detour through the Office of Foreign Assets Control and into the Federal District Courtroom of Judge Royce Lamberth. At issue was an OFAC decision that effectively denied…
This morning we laid our hands on the criminal complaint, unsealed earlier this week, charging a Dutch aviation parts firm and its owner Rob Kraaipoel with export violations. The underlying violations charged by the criminal complaint are fairly simple. The…