Why Pandemic Recovery May Have More Impact on the Aerospace Industry Than the Russian Invasion

Aerospace, Export Compliance, ITAR, News, Russia, Sanctions, Ukraine

The invasion of Ukraine resulted almost immediately in a range of new license requirements for exports to Russia. (See Feb. 28 blog post, The Russia-Ukraine War: EAR Updates You Need to Know.) The new export controls, detailed in the Federal Register, cover Categories...

The Russia-Ukraine War – EAR Updates You Need to Know

News, Russia, Ukraine

If you’re a U.S. exporter wondering what the news of additional Export Administration Regulations (EAR) export controls for Russia means for you, here are the three key points you need to know: All goods, software, and technology described in Commerce Control List...

District Court Throws Out OFAC Penalty, Citing Due Process, Unclear Regulations

Enforcement, OFAC, Sanctions, Ukraine, Violations & Fines

By Nicholas Turner, Meredith Rathbone, Brian Egan and Ed Krauland (Steptoe & Johnson LLP) On December 31, 2019, the U.S. District Court for the Northern District of Texas threw out a $2 million fine issued in 2017 by the Treasury Department’s Office of Foreign...

Aviation Company Fined $200K After Customer Failed to Comply with OFAC Sanctions

Denied & Restricted Parties, Enforcement, OFAC, Sudan, UAE, Ukraine, Violations & Fines

By: Danielle Hatch Apollo Aviation Group, LLC (“Apollo”), a Florida company that invests in aviation by acquiring, refurbishing, marketing, and leasing commercial jet aircraft, engines and related assets, and disassembly and resale of aircraft and components has...

OFAC Extends General Licenses Related to GAZ Group

OFAC, Press release, Sanctions, Ukraine

The Office of Foreign Assets Control (OFAC) has extended the expiration dates of two general licenses related to Gaz Group: Ukraine-related General License No. 13M- Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in...