Global Shipping Company Agrees to Pay $374,000 to OFAC

CMA CGM (America) LLC recently agreed to shell out $374,400 to the Office of Foreign Assets Control (“OFAC”) to settle charges that it accepted payments for shipping services provided by its foreign parent company, CMA CGM, or its foreign affiliates,…

Yet More Sanctions on Syria

The White House, hoping to speak loudly and to shake a big stick, issued today an executive order imposing yet another round of sanctions on Syria. Although exports of goods to Syria have been prohibited since the passage of the…