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International Trade Law: 2023 Year in Review & Outlook for 2024

Husch Blackwell's fifth-annual international trade law year-in-review report provides a detailed look at what transpired in international trade law during 2023 and takes a peek at how the coming year might develop. Our...more

OFAC and U.S. Department of State Issue New Sanctions and Designates More Than 300 Russian Federation Individuals and Companies...

On Friday, May 19, 2023, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) announced the addition of more than 300 Russian Federation individuals and companies as well as other individuals and...more

BIS Implements Additional Export Controls and Entity List Additions Targeting Russia to Align with Allies and Partners

On May 19, 2023, the Department of Commerce’s Bureau of Industry and Security (“BIS”) announced new export controls and Entity List additions during President Biden’s G7 visit in Japan. In conjunction with the G7 meetings,...more

BIS Levies Record Penalty for Export Control Violations related to Huawei Shipments

Recently, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) announced the issuance of a $300 million penalty against Seagate Technology LLC and its Singapore affiliate, Seagate Singapore International...more

Recent Actions Illustrate Continued Focus on Export Control Violations

Last week, Deputy Attorney General Lisa Monaco’s statements to the American Bar Association again highlighted the fact that investigating and prosecuting individuals for violating economic sanctions, export controls, and...more

OFAC Issues Sweeping Sanctions to Mark One Year Anniversary of Russia’s Invasion of Ukraine

On Friday, February 24, 2023, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued new sanctions against individuals and entities operating in Russia and against those assisting with Russia’s war...more

BIS Issues New Export Controls and Entity List Additions Targeting Russia on One-Year Anniversary of Invasion

The Department of Commerce’s Bureau of Industry and Security (“BIS”) announced today new export controls and Entity List additions designed to further restrict Russia’s ability to maintain its continued war against Ukraine....more

Export Control Violations Result in Significant Monetary Penalties and Continuing Compliance Training Obligations

In a recent order, the Department of Commerce’s Bureau of Industry and Security (“BIS”) revoked the export privileges for Obaidullah Sayed, an Illinois resident. Sayed was convicted of conspiring to export computers, computer...more

OFAC Continues to Take Aim at Russia’s Financial Sector with More SDN Designations

On December 15, 2022, the Office of Foreign Assets Control (“OFAC”) added 18 entities in Russia’s financial services sector to the Specially Designated Nationals and Blocked Persons List (“SDN List”). The US State Department...more

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