On April 17, 2019, Secretary of State Mike Pompeo announced that the United States will permit Title III of the Helms-Burton Act, also known as the Libertad Act, to go into effect for the first time since the Act’s passage in...more
As part of the U.S. strategy to isolate the Maduro regime in Venezuela and support Venezuelan opposition leader Juan Guaidó, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated Venezuela’s...more
The Department of Treasury’s Office of Foreign Asset Control (OFAC) has officially notified the U.S. Senate of its decision to terminate sanctions imposed on En+ Group PLC (En+), United Company Rusal PLC (Rusal), and JSC...more
In what the U.S. Treasury Department has touted as the “largest ever single-day action targeting the Iranian regime,” the United States has now completed its withdrawal from the Joint Comprehensive Plan of Action (JCPOA). As...more
Foreign investors in U.S. businesses take note: If your transaction is scheduled to close any time after November 10, 2018, new U.S. national security rules could result in delays or penalties for non-compliance....more
On October 5, 2018, President Trump signed into law the “FAA Reauthorization Act of 2018.” The Act, which has wide-ranging implications for the aviation industry, funds the FAA for the next five years. The legislation...more