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OFAC Announced Settlement Agreements with Two Companies for Iran and Sudan Sanctions Violations
  • Squire Patton Boggs
  • Iran, Sudan, USA
  • August 23 2016

OFAC announced settlement agreements with two different companies. First, HyperBranch Medical Technology, Inc. agreed to a US$107,691.30 settlement


Iran Sanctions: What’s Old Is New Again
  • Morvillo Abramowitz Grand Iason & Anello PC
  • European Union, Iran, USA
  • August 18 2016

The lifting of sanctions on Iran in January has wound the clock back in time. The international Iran sanctions program has returned to an era where U


Layover in Tehran: United States Authorizes Carriers to Land Civil Aircraft in Iran
  • Sheppard Mullin Richter & Hampton LLP
  • Iran, USA
  • August 17 2016

On July 29, 2016, the U.S. Treasury Office of Foreign Assets Control (OFAC) cleared the runway for non-U.S. operators of civil aircraft to send


August 2016 Update on Significant DOT, FAA and Other Federal Agencies’ Aviation-Related Regulatory Actions
  • Cozen O'Connor
  • Cuba, Iran, Norway, USA
  • August 10 2016

This edition of the Cozen O’Connor Aviation Regulatory Update discusses new FAA reauthorization legislation, DOT awards for U.S. carrier scheduled


OFAC Issues General License Allowing for Temporary Sojourn to Iran for Certain Civil Aircraft
  • Clyde & Co LLP
  • Iran, USA
  • August 4 2016

OFAC has issued General License J, "Authorising the Reexportation of Certain Civil Aircraft to Iran on Temporary Sojourn and Related Transactions."


Iran: Sanctions risks unlikely to significantly increase in next two years
  • Control Risks
  • European Union, Iran, USA
  • August 2 2016

16 July 2016 marks six months since Implementation Day, when UN, US and EU nuclear-related sanctions against Iran were simultaneously suspended. This


US - OFAC issues Iran General License J for temporary reexportation of eligible aircraft
  • Baker & McKenzie
  • Iran, USA
  • August 1 2016

On July 29, 2016, the Office of Foreign Assets Control (OFAC) issued General License J, "Authorizing the Reexportation of Certain Civil Aircraft to


OFAC Authorizes Temporary Sojourn of US-Controlled Aircraft to Iran
  • Pillsbury Winthrop Shaw Pittman LLP
  • Iran, USA
  • July 29 2016

Today, OFAC issued new General License J (“GL J”) authorizing non-U.S. persons to reexport certain “Eligible Aircraft” to Iran. Importantly, GL J


The Boeing-Iran Air Deal: Walking the Line
  • Vedder Price PC
  • Global, Iran, USA
  • July 27 2016

The Joint Comprehensive Plan of Action (the JCPOA) between Iran, the P51 and the European Union created a framework for the easing of international


Asia Pacific Puts Sanctions Due Diligence to the Test
  • Clifford Chance LLP
  • Asia-Pacific, Iran, USA
  • July 26 2016

The Iran Joint Comprehensive Plan of Action (JCPOA) is opening new commercial opportunities while underscoring the importance of due diligence in the