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Read need-to-know updates, commentary, and analysis on Transportation issues written by leading professionals.

New Administration Ramps up Enforcement Efforts

by Foley & Lardner LLP on

The Trump administration has vowed to bring jobs back to the states. One of the methods it appears it’ll take advantage of is continued, aggressive enforcement of U.S. laws governing exports and international conduct....more

China’s State Council Announces Expanded Opening to Foreign Investment

by WilmerHale on

On January 17, China's State Council published the Notice on Several Measures on Increasing of Openness to Foreign Investment and Active Use of Foreign Investment (Guo Fa [2017] No. 5). The notice is intended to expand...more

This Week in FCPA-Episode 32-the not so friendly skies edition

by Thomas Fox on

Show Notes for Episode 32, week ending December 9: 1. United Airlines SEC enforcement action for domestic; the Chairman’s Flight and the US Corrupt Practices Act. 2. Monetary Authority of Singapore seeks to suspend former...more

Red Notice Newsletter - September 2016

Former CEO of Harris Corporation’s Chinese Subsidiary Pays $46,000 to Settle Alleged FCPA Violations; No Charges for Company - On September 13, 2016, the Securities and Exchange Commission (SEC) issued a...more

Red Notice Newsletter - Chinese

LATAM Airlines Agrees to Pay $22 Million to Settle FCPA Cases - Last month, LATAM Airlines (“LATAM”), based in Santiago, Chile, agreed to pay $22 million to settle parallel civil and criminal proceedings involving...more

Red Notice Newsletter - Russian

LATAM Airlines Agrees to Pay $22 Million to Settle FCPA Cases - Last month, LATAM Airlines (“LATAM”), based in Santiago, Chile, agreed to pay $22 million to settle parallel civil and criminal proceedings involving...more

Red Notice Newsletter - August 2016

LATAM Airlines Agrees to Pay $22 Million to Settle FCPA Cases - Last month, LATAM Airlines (“LATAM”), based in Santiago, Chile, agreed to pay $22 million to settle parallel civil and criminal proceedings involving...more

Holiday Help for Hanjin Headaches: A Few Practical Pointers

by Benesch on

As most readers are aware, Hanjin Shipping Co. Ltd. (“Hanjin”) commenced insolvency proceedings in South Korea on August 31, 2016. Shippers, motor carriers, transportation intermediaries, and others are scrambling to react...more

Panama Canal Update: New Locks, Bigger Ships

by Clark Hill PLC on

The hubbub surrounding the United Kingdom’s decision to leave the European Union overshadowed the opening of two new locks on the Panama Canal on June 26th. The expansion of the canal has the potential to disrupt intermodal...more

Taking a Gap Year: Delayed U.S. CbC Reporting Creates Hassle for U.S. Multinationals

by Alston & Bird on

Action 13 of the Organisation for Economic Co-operation and Development’s (OECD) final base erosion and profit-shifting (BEPS) report suggested the adoption of a standardized mechanism for transfer-pricing reporting. Per the...more

FCPA Compliance and Ethics Report-Episode 259-Dani Perez on business in Cuba

by Thomas Fox on

In this episode, I visit with Dani Perez on his experiences on doing business in Cuba. ...more

eMerge Welcomes Guests with Iconic Opening Reception

by Bilzin Sumberg on

Sunday night was a buzz at the opening reception for the 3rd annual eMerge conference located at the iconic 1111 Lincoln Road garage. The attendees enjoyed food, drinks and music, but the real discussion centered on the...more

American Car Manufacturers Benefiting From Surge in European SUV Sales

by Foley & Lardner LLP on

After closing out 2015 with over 9 percent sales growth year over year, European auto sales have continued to rise in January and February. Western Europe car sales rose 14 percent in February, following a January passenger...more

Business Opportunities in Iran for US Automotive Manufacturers through non-US Subsidiaries

by Miller Canfield on

Implementation Day for the Iranian JCPOA - January 16, 2016 marked Implementation Day for the Joint Comprehensive Plan of Action (JCPOA), as the US Secretary of State confirmed that the International Atomic Energy Agency...more

2016 Automotive M&A Outlook

by Foley & Lardner LLP on

The automotive industry experienced extraordinarily high levels of deal activity in 2015. Mergers and acquisitions (M&A) in the sector are expected to remain strong in 2016, but deal volume and frequency may slightly taper...more

US and EU Iran Sanctions Relief: What Non-US Persons Need to Know

by Morgan Lewis on

Even in light of EU and US relaxation of sanctions against Iran after Implementation Day, non-US Persons should evaluate any proposed dealings with Iran to make sure such activities do not violate any new or continuing...more

What Implementation of the Iran Nuclear Deal Means for U.S. Companies and Their Subsidiaries Abroad

If you read one thing... - There are far greater opportunities for U.S. companies with respect to Iran, particularly through foreign subsidiaries and in the commercial aviation sector, however, U.S. persons and...more

Aircraft finance – key features of the UK's Cape Town ratification

by Dentons on

On 1 November 2015, the 2001 Cape Town Convention and its Aircraft Protocol (together Cape Town) became part of UK domestic law. This note brutally summarises certain key aspects of that ratification. For brevity's sake, it...more

Mexico 2016 Tax Reform

by White & Case LLP on

The 2016 Tax Bill presented by the President to Congress on September 8, 2015 was approved almost in its original terms by both Chambers of Congress on October 29, 2015 and published in the Official Gazette of the Federation...more

OFAC and BIS Announce Further Easing of Cuba Sanctions

by Cozen O'Connor on

Effective September 21, 2015, the Department of Treasury’s Office of Foreign Assets Control (OFAC) and the Commerce Department’s Bureau of Industry and Security (BIS) have amended the Cuban Assets Control Regulations and...more

Tax Policy Update

by McGuireWoods LLP on

The number of additional months of funding for transportation projects under a $8 billion bill introduced late last night in the House. Notably — as anyone on Sesame Street could tell you — the number 5 is not the same as the...more

Airports Lounges Aren’t Just for VIPs: Tips for Business Travelers

by Gary Cucchiara on

Airports Lounges Aren’t Just for VIPs: Tips for Business Travelers by Gary Cucchiara on September 17, 2013 Now that airlines have taken away most of the comforts of flying, airport lounges can be an oasis for weary...more

New York Appeals Court Issues Important Rule B And Maritime Corporate Veil-Piercing Decision; Lenient U.S. Maritime Law...

by Holland & Knight LLP on

For the past sixty years, and until January 11, 2013, U.S. federal courts routinely have applied the comparatively expansive (and potentially creditor-friendly) "maritime law of veil piercing" when examining veil-piercing...more

Coast Guard Issues New Citizenship "Mechanisms of Compliance"

by Thompson Coburn LLP on

This morning, the Coast Guard issued a Notice in the Federal Register entitled “Mechanisms of Compliance With United States Citizenship Requirements for the Ownership of Vessels Eligible to Engage in Restricted Trades by...more

Record Gas Prices Impact Local Business

Gas prices are high everywhere, but California is suffering from the highest prices in the United States. When the cost of filling the gas tank forces more and more people to make basic economic choices between driving and...more

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