On March 17, 2008, the Bureau of Industry and Security (“BIS”) issued a temporary denial order (“TDO”) against Iran’s Mahan Airways based on leases of three 747s to Mahan by Balli Aviation. The TDO has been renewed ever since, and…
A report originating from Reuters states that United Nations officials are alleging that ransom payments made to Somali pirates are going, at least in part, to Somali militants, raising the possibility that shipping groups and insurance companies making these payments…
Because most of Washington, DC, has emptied out in anticipation of the upcoming long weekend for the Fourth of July, the nefarious Captain Obvious took the opportunity to hack into the DDTC website and leave this important reminder to exporters:…
The Office of Foreign Assets Control (“OFAC”) today released its monthly civil penalty report for June. The report indicates that General Reinsurance Company (“Gen Re”) agreed to pay $59,130 to settle allegations that it had paid $309,740.65 in 2005 under…
According to this Law360 post (subscription required), James Larrison, a former employee of Aegis Electronic Group, was sentenced to probation for his role in the company’s export of an EAR99 Hitachi JU72 video camera junction to Iran. Larrison pleaded guilty…