OFAC Alert – President Donald J. Trump Expands Venezuela-related Sanctions

On January 28, 2019, President Donald J. Trump issued a new Executive Order (the “E.O.”) amending E.Os 13808, 13827, 13835, and 13850 to block all property and interests in property of Petroleos de Venezuela, S.A. (“PDVSA”) subject to U.S. jurisdiction, and to prohibit U.S. persons from engaging in transactions with them without first obtaining the appropriate authorization […]

Gary E DavidsonPartner, Diaz Reus

Special Report: Arbitration

The popularity of arbitration is soaring in Latin America as foreign investors’ interest in the region increases – however, poor quality procedures, high costs and a lack of arbitration lawyers threaten to thwart its progress. The use of arbitration to settle disputes is on the rise across Latin America as the region’s economies increasingly open […]

Gary E DavidsonPartner, Diaz Reus

WEBINAR REMINDER – What Traders Should Know to Get Through the Government Shutdown

Tuesday, January 15, 2019 – 12:00pm EST – 12:30pm EST – $50 The current partial shutdown of the federal government brings substantial uncertainty for importers and exporters. Parts of U.S. Customs and Border Protection and other government agencies responsible for facilitating and enforcing trade are shut down or working with limited staff. This situation is […]

CBP to Expand Tests of Blockchain Uses

Wednesday, January 09, 2019 Sandler, Travis & Rosenberg Trade Report U.S. Customs and Border Protection recently completed one test of a potential use of blockchain technology and is looking to conduct additional tests this year. A blockchain essentially functions as a distributed ledger that records transactions in a verifiable and permanent way. Blockchain records are […]

WHY LEASE AGREEMENTS MUST PROPERLY DEFINE ‘RENT’ OR ‘ADDITIONAL RENT’ IN COMMERCIAL LEASES: A CASE STUDY

Obviously, every commercial lease agreement must specify the amount of rent to be paid by the tenant to the landlord. However, there are often many additional sums that a tenant is required to pay its landlord pursuant to the lease agreement. In a typical triple net lease, a tenant will pay a fixed base rent, […]

Bruce LorenPartner, Loren & Kean Law