The White House issued an executive order today blocking all property of the Iranian government and all Iranian financial institutions. Prior to this action, the Iranian Transaction Regulations (“ITR”) required U.S. persons to reject transactions with these parties rather than…
Well, who would have thought that a Google news search on “dual use exports” would turn up a WaPo story on the export of bulls from Virginia to Russia? Or that the story would talk about “dual use cows”? I…
ABOVE: Sharif Univ. of Technology Seyed Mojtaba Atarodi, a professor at Tehran’s prestigious Sharif University of Technology was arrested on December 7, 2011, when he stepped off a plane in Los Angeles where he had arrived for a medical visit…
Yesterday, the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) added Iran’s Bank Tejerat to the list of Specially Designated Nationals and Blocked Persons List (the “SDN List”). This means that no U.S. person may engage in financial transactions…
Rudolf Cheung, who is the head of the Research & Development department of Microwave Engineering Corporation in North Andover, Massachusetts, pleaded guilty on January 20, 2012, to charges that he violated the Arms Export Control Act in connection with unlicensed…