Trade Law Daily is providing readers with the top stories from last week, in case you missed them. All articles can be found by searching on the title or by clicking on the hyperlinked reference number.
Trade Law Daily is providing readers with the top stories from last week, in case you missed them. All articles can be found by searching on the title or by clicking on the hyperlinked reference number.
Rachel Alpert has left her role as chief counsel for the Office of Foreign Assets Control, she announced on LinkedIn. She was named to the position in October 2023 (see 2310250061).
Miad Maleki, former associate director of the Office of Foreign Asset Control's Office of Global Targeting, has joined Ferrari, the law firm announced Aug. 18. Maleki will help the firm "effectively advise its clients on their sanctions exposure; understand U.S. government expectations with regard to addressing sanctionable conduct; and overall augment the firm’s understanding of shifting U.S. government policies driving sanctions actions," it said. Maleki left OFAC earlier this month.
The U.S. District Court of the Southern District of New York on July 30 permanently enjoined the U.S. from enforcing its International Criminal Court-related sanctions against two law professors. Judge Jesse Furman held that the sanctions impermissibly violate the professors' First Amendment free speech rights and that the law professors, Gabor Rona at the Cardozo School of Law and Lisa Davis at CUNY School of Law, likely will suffer irreparable harm without an injunction (Gabor Rona v. Trump, S.D.N.Y. # 25-03114).
Trade Law Daily is providing readers with the top stories from last week, in case you missed them. All articles can be found by searching on the title or by clicking on the hyperlinked reference number.
James Treanor, former attorney-adviser in the Office of Foreign Assets Control's chief counsel's office, has joined Akin as a senior counsel, he announced on LinkedIn. Treanor will help clients with international trade and national security-related regulatory and enforcement issues, including those related to sanctions and export controls. He left OFAC in June.
The Russian grantor of a blocked U.S.-based trust company is suing the Office of Foreign Assets Control, saying OFAC falsely accused the trust of being used to help a Russian oligarch evade sanctions. Kuncha Kerimova, the grantor, said the trust was designed to share her wealth with her grandchildren and other descendants, not to aid designated Russian billionaire Suleiman Kerimov.
Adam Szubin, former head of the Treasury Department’s Office of Terrorism and Financial Intelligence and director of the Office of Foreign Assets Control, has joined Covington, where he will work on sanctions, export controls, money laundering and investment security issues. Szubin, who mostly served in the George W. Bush and Obama administrations, was most recently a lawyer with Sullivan & Cromwell.
A Texas-based industrial equipment supplier and its former CEO were fined millions of dollars for intentionally violating sanctions and export control laws, but the U.S. declined to prosecute its parent company after the firm voluntarily disclosed the violations and cooperated closely with DOJ’s investigation.