On November 26, 2024, the Fifth Circuit issued an opinion in Van Loon v. Department of the Treasury that invalidated economic sanctions imposed by the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) on...more
12/6/2024
/ Administrative Procedure Act ,
Chevron Deference ,
Corporate Counsel ,
Cryptocurrency ,
Economic Sanctions ,
Foreign Adversaries ,
International Emergency Economic Powers Act (IEEPA) ,
Loper Bright Enterprises v Raimondo ,
Money Laundering ,
North Korea ,
Office of Foreign Assets Control (OFAC) ,
Software ,
U.S. Treasury
The incoming Trump administration is likely to continue the trend of strengthening export controls over AI and advanced semiconductors destined to China. During President-elect Donald Trump’s first term, the Bureau of...more
12/5/2024
/ Belarus ,
Bureau of Industry and Security (BIS) ,
CFIUS ,
China ,
Economic Sanctions ,
Export Controls ,
International Trade ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
Trump Administration
Following months of delays and intense debate in Congress, President Biden signed H.R. 815 into law on April 24, 2024, which made headlines for funding $95 billion in military aid to Ukraine, Israel, and Taiwan, along with...more
5/6/2024
/ Bureau of Industry and Security (BIS) ,
CFIUS ,
Department of Justice (DOJ) ,
Economic Sanctions ,
EU ,
Foreign Aid ,
International Emergency Economic Powers Act (IEEPA) ,
Israel ,
Office of Foreign Assets Control (OFAC) ,
Sanction Violations ,
Statute of Limitations ,
Taiwan ,
TikTok ,
UK ,
Ukraine