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U.S. Airlines, Aviation Contractors to Receive Additional $15 Billion Under American Rescue Plan Act

On March 11, 2021, the American Rescue Plan Act of 2021 (the Rescue Plan Act) was signed into law, providing much-needed relief to keep employees on airline payrolls. The Act provides “eligible air carriers” with $14 billion...more

MARAD Updates Title XI Program with Streamlined Process

The U.S. Maritime Administration (MARAD) recently released guidance on its streamlined procedures for securing government-guaranteed ship financing under the Title XI program, now reliant on the Federal Financing Bank (FFB)...more

CDC Requires COVID-19 Testing of International Passenger Arrivals in the United States

The U.S. Centers for Disease Control and Prevention (CDC) has released a Notice and Order expanding pre-departure COVID-19 testing requirements — which previously applied only to passengers departing the UK —  to apply to all...more

Happy Cybersecurity Awareness Month: OFAC and FinCEN Issue New Advisories on Ransomware Payments

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN) kicked off National Cybersecurity Awareness Month with a pair of advisories relating to...more

CFIUS Finalizes New Mandatory Filing Rule for Critical Technologies

On September 15, 2020, the U.S. Department of the Treasury published a final rule, effective October 15, 2020, that alters and expands the scope of foreign investments involving critical technologies that are subject to...more

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