Search Results for: sanctions

The U.S. Government Investigates U.S. Universities Participating in the “Confucius Institutes” Program

By Enumale Agada and J. Scott Maberry on August 19, 2019 Posted in Uncategorized

In July, the U.S. Department of Education Notices of Investigation to four U.S. universities seeking information on the “Confucius Institutes” operating on their campuses. The investigations center on provisions of the Higher Education Act requiring reporting of certain foreign gifts. But the investigations are part of a larger U.S. national security initiative to address foreign … Continue Reading

How to Steal $10 Billion from Europe

By J. Scott Maberry on August 19, 2019 Posted in Anti-Money Laundering, European Union, FCPA and Anti-Corruption, Sanctions

Europe has come up with a nifty plan to help Iran buy and sell stuff outside the reach of U.S. sanctions. The problem is that the plan is a fraud magnet. How do we know? It’s been tried before, and the fraud was epic. The plan is known as the “Instrument in Support of Trade … Continue Reading

INTERNATIONAL TECH INVESTMENT ISSUE – Threats to Technology Investment from Global Politics: How to Succeed as Borders Tighten

By Reid Whitten and J. Scott Maberry on April 10, 2019 Posted in CFIUS

Over the past year, the impact of international political risks on the global tech industry has been unprecedented.” – Tung Tzu-hsien, Chairman of iPhone’s Chinese assembly company, Pegatron Technology investment is getting harder. A few years ago, strategic and private equity technology acquisitions, multinational joint venture creation, and cross-border R&D collaboration were not only relatively straightforward, … Continue Reading

The New Suits of Havana: How Non-U.S. Companies May Soon Be Sued for Their Business in Cuba

By Reid Whitten and Lisa Mays on March 19, 2019 Posted in Sanctions

Picture your company being hauled into U.S. court to defend litigation for your Cuba business that is lawful in your home country. That is the scenario that the Trump administration and Cuba hawks in Congress are aiming to arrange. The Trump administration is preparing to part the practice of past presidents to allow U.S. persons … Continue Reading

New Year Sanctions Roundup: Where Do We Stand?

By Fatema Merchant on January 15, 2019 Posted in Sanctions

Happy new year everyone. The government is shut down, but there has already been a flurry of activity in 2019 on the economic sanctions and embargoes front. Here is a summary of where we stand on various sanctions regimes. Russia. On January 10, 2019, the Trump administration defended its decision to ease U.S. sanctions against … Continue Reading

CLIENT ALERT: Iran Sanctions Are Back On: Can Business Continue?

By Reid Whitten on November 5, 2018 Posted in Sanctions

The Prohibitions On May 8, 2018, the United States withdrew from the Joint Comprehensive Plan of Action and reimposed all pre-JCPOA sanctions against Iran. We provide a detailed discussion of the reimposition in our article linked here (and linked here is our prediction, a year earlier, that it would happen). After a prescribed wind-down period, … Continue Reading

The Latest U.S. Sanctions on Russia

By Lisa Mays and Enumale Agada on September 20, 2018 Posted in Sanctions

A double agent. Nerve gas. Violations of international law. The recently imposed sanctions on Russia have all the makings of a James Bond movie but, unfortunately, those sanctions may cause some less-than-entertaining headaches for your business. Why These Sanctions On August 8, the U.S. State Department notified Congress it would impose new sanctions on Russia … Continue Reading

Stuck in the Middle With You: EU Blocking Statutes, Iran Sanctions, and the Thousands of Businesses Caught In Between

By Reid Whitten on August 7, 2018 Posted in Sanctions

Imagine telling your company’s Board of Directors that the company will have to knowingly violate the law. Further, you might note, the American Law Institute’s Principles of Corporate Governance state that, with very limited exceptions, a director who knowingly causes the corporation to disobey the law violates his duty of care. The protections of the … Continue Reading

5 Weird Things About the Trump Trade Agenda: Disruptive Innovation On a Global Scale

By J. Scott Maberry on June 28, 2018 Posted in Free Trade Agreements (FTA)

We’ll give him this: President Trump has an ambitious trade agenda. This fire has many irons in it, and some of them are getting hot. Here at the Global Trade Law Blog, we’ve been following trade law for approximately 250 years and we’ve never seen anything like it in breadth or scale. The administration asks … Continue Reading

Your Way-Too-Early Guide to North Korean Investment: Big Opportunities, Big Risks, and the Regulatory Guidance to Identify Both

By Reid Whitten on June 7, 2018 Posted in Sanctions

I spent last week in Seoul talking to clients about the latest changes to U.S. trade and sanctions policy (as South Korea is one of Iran’s largest trading partners, it is understandable that some concerns have arisen there in May). Interestingly, a topic that came up often was how to reenter the North Korean market. … Continue Reading