On April 17, 2019, the Office of Foreign Assets Control (“OFAC”) added Banco Corporativo S.A. (“BANCORP”) and Laureano Ortega Murillo to its list of Specially Designated Nationals and Blocked Persons (“SDN List”) pursuant to Executive Order 13851 issued on November 27, 2018 by President Donald J. Trump. BANCORP was designated for its support to vice-president Rosario Murillo and “transactions involving […]
Please take five minutes to read our April 22, 2019, newsletter, to learn about: Federal Requirements When a Product is Dangerous Six Steps to Prevent Trust From Being Betrayed Exploring the Cashless Movement in Retail Does Your Company Allow Vaping on the Job? We hope you enjoy all our articles. Cordially, William H. Shawn Co-Managing Partner
On April 17, 2019, the Office of Foreign Assets Control (“OFAC”) added Banco Central de Venezuela to its list of Specially Designated Nationals and Blocked Persons (SDN List) pursuant to Executive Order 13850 issued on November 1, 2018 by President Donald J. Trump, for “operating in the financial sector of the Venezuelan economy.” Accordingly, all property or interest in the […]
QUESTION ONE – What is your best practice approach when advising General Counsel, to ensure dispute resolution clauses are to their real advantage and do not obstruct enforcement proceedings? Think who, what, where, when and how. Who: Who is on the other side? Are they an existing vendor or a new business partner? A supplier […]
Multi-national corporations will always have a wide range of different contracts in place at any one time, be they with contractors, suppliers, vendors, clients or intellectual property licensors, among other […]
Read moreOn April 5, 2019, the Secretary of the Treasury Steven T. Mnuchin determined that persons operating in Venezuela’s oil sector and transporting oil to Cuba may be designated by the Office of Foreign Assets Control (“OFAC”) pursuant to Executive Order 13850 issued on November 1, 2018, by President Donald J. Trump. Consistent with the Secretary of […]
Federal and state laws have been designed to protect disabled individuals from discrimination. Notably, the Americans with Disabilities Act (ADA) and its subsequent amendments provide legal recourse to aggrieved parties. Frequently, the Equal Employment Opportunity Commission (EEOC) pursues litigation on behalf of individuals when it believes their rights have been violated. Here’s what employers should know, […]
Credit reports can help your company make a wide range of decisions, from extending credit to offering employment. And regardless of how you use the reports, the Fair Credit Reporting Act requires you to tell applicants the reason if the data results in an application being denied. A case before the Federal Trade Commission illustrated the point and […]
On March 22, 2019, the Secretary of the Treasury Steven T. Mnuchin determined that persons operating in Venezuela’s financial sector may be designated by the Office of Foreign Assets Control (“OFAC”) pursuant to Executive Order 13850 issued on November 1, 2018, by President Donald J. Trump. This executive order authorizes OFAC to designate, in consultation with […]
There are different types of contracts and different reasons that companies in Florida enter into contracts. These contracts usually are entered into because both parties to it either need or want something from the other side. Many of them involve one side providing goods or services and the other paying money for those goods or […]
On March 19, 2019, the Office of Foreign Assets Control (“OFAC”) designated CVG Compania General de Mineria de Venezuela CA, or Minerve, the Venezuelan state-run ferrous metals mining company, and its president, Adrian Antonio Perdomo Mata pursuant to Executive Order 13850 issued on November 1, 2018 by President Donald J. Trump. This executive order authorizes OFAC […]
On March 14, 2019, the Office of Foreign Assets Control (“OFAC”) issued new regulations regarding the January 28, 2019 designation of Petróleos de Venezuela, S.A. (“PDVSA”) and any entity in which PDVSA has, directly or indirectly, 50% or greater ownership interest. More specifically, OFAC issued General License 7A extending the deadline established by General License 7 to […]
