Miami – Nov 11, 2019. Miami-based global law firm Diaz Reus & Targ, LLP announced the opening of its first of several offices for the African continent in Johannesburg, South Africa, last week. DRT’s Johannesburg office will allow its clients to take advantage of the burgeoning opportunities in South Africa, following President Cyril Ramaphosa’s call […]
On November 5, 2019, the Office of Foreign Assets Control (“OFAC”) issued new regulations regarding Executive Order (“E.O.”) 13884 whereby, on August 5, 2019, President Donald Trump (i) blocked all property or interest in property of the Government of Venezuela within or transiting U.S. jurisdiction; (ii) prohibited U.S. persons from engaging in any transactions with the Government of Venezuela or […]
At our recent Annual Conference in Amsterdam, we had the pleasure of awarding Bruce gold member status as recognition for his ongoing commitment and hard work within the IR Global network. Bruce has been a member of IR since 2017 and we know he will be with us for many more years to come. Many […]
On October 21, 2019, the Office of Foreign Assets Control (“OFAC”) issued new regulations regarding its sanctions on Petróleos de Venezuela, S.A. (“PDVSA”). Specifically, OFAC issued General License 8D extending the deadline established by General License 8C for Chevron Corporation, Halliburton, Schlumberger Limited, Baker Hughes, Weatherford International, and the subsidiaries of these companies, to conduct […]
Let’s keep it simple. The most deleterious and shockingly common estate planning mistake is a lack thereof. Seemingly obvious, but nonetheless a dire mistake. Probate is a harsh, costly, and time-consuming process, and happens to come at a time when no one wants to deal with it— immediately after the death of a loved one. […]
Amid the headwinds of an intensifying Sino-U.S. trade war, Diaz Reus litigators recently secured an unprecedented win for six Chinese e-commerce businesses in a Chicago federal courtroom. Led by Global Managing Partner Michael Diaz, Jr. and Shanghai Office Partner Xingjian “Jeff” Zhao, the Diaz Reus intellectual property disputes team successfully defeated a multimillion-dollar federal trademark […]
On September 9, 2019, the Office of Foreign Assets Control (“OFAC”) issued new regulations regarding Executive Order (“E.O.”) 13884 whereby, on August 5, 2019, President Donald Trump (i) blocked all property or interest in property of the Government of Venezuela within or transiting U.S. jurisdiction; (ii) prohibited U.S. persons from engaging in any transactions with the Government of Venezuela or […]
On September 6, 2019, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended its Cuban Assets Control Regulations (CACR) to further implement President Trump’s foreign policy toward that country. First, OFAC amended its authorizations regarding family remittances to (i) define $1,000 as the maximum amount of money that one remitter can send to one Cuban national as a family remittance per quarter, […]
On September 3, 2019, the Office of Foreign Assets Control (“OFAC”) issued its regulations regarding Executive Order (E.O.) 13851 issued on November 27, 2018 by President Donald J. Trump blocking all property under U.S. jurisdiction of any person determined by the Secretary of the Treasury, in consultation with the Secretary of State: to be responsible for: (i) […]
On August 5, 2019, President Donald Trump issued Executive Order 13884 blocking all property or interest in the property of the Government of Venezuela within or transiting U.S. jurisdiction (the “E.O.”). While this is not the first time that the U.S. Government imposes economic sanctions on the Government of Venezuela, previous sanctions restricted operations involving certain debt […]
Miami-based global law firm Diaz, Reus & Targ announced that partners Gary E. Davidson, Michael Diaz, Jr. and Brant C. Hadaway are among the first attorneys to be Board Certified in International Litigation & Arbitration by the Florida Bar. Gary E. Davidson, a member of the inaugural Board Certification Committee for International Litigation and Arbitration (appointed in 2018), […]
On July 26, 2019, the Office of Foreign Assets Control (“OFAC”) issued new regulations regarding its sanctions on Petróleos de Venezuela, S.A. (“PDVSA”). Specifically, OFAC issued General License 8B extending the deadline established by General License 8A for Chevron Corporation, Halliburton, Schlumberger Limited, Baker Hughes, Weatherford International, and the subsidiaries of these companies, to conduct […]