On Wednesday, Judge Richard Sullivan of the Southern District of New York relieved the Bank of China from an order issuing $50,000 of daily fines for failing to comply with two subpoenas for information on account holders accused of selling goods counterfeit “Gucci” goods. The matter provides an interesting case study of at least one dilemma facing foreign companies doing business in the United States – whether to comply with a US-issued subpoena knowing that compliance would break foreign law.
Visa Waiver Program Changes Included in New Spending Bill
New legislation, included as part of the government spending bill, enacts new changes to the visa waiver program (VWP), imposing additional restrictions on travelers from VWP countries. The new changes require a consular interview for nationals of, or individuals who have traveled to, countries that have supported terrorism or other “high risk” countries, including Syria, Sudan, Iran, and Iraq, since March 2011.
Ambitious group hoping for Minor League Baseball team in Cuba by 2017
From the “Miracle on Ice” to the Joe Louis/Max Schmeling fights, sports have often played a pivotal symbolic role in American diplomacy abroad. Now, as relations with Cuba have started to thaw, The New York Times recently detailed the Caribbean Baseball Initiative’s plan to bring a Minor League Baseball team to Havana. The group, led by veteran baseball executive Lou Schwechheimer, has spent the last decade laying significant groundwork toward this end and hopes for success as early as 2017.
President’s Plan Spells Delays for Travelers
Do you travel outside the U.S. or have employees who do? Our immigration team emphasizes changes that travelers can expect in light of the President’s recently announced plans to combat the threat of terrorism in this recent legal alert.
New Policy Changes Further Ease Trade Restrictions with Cuba
The U.S. Department of Commerce and Department of the Treasury have announced additional changes to the Cuban Assets Control Regulations and Export Administration Regulations intended to facilitate travel, expand telecommunications and internet-based services, and authorize certain business operations in Cuba. Published on September 21, these new policy changes take effect immediately. Among the changes are specific provisions aimed at expanding U.S. presence in Cuba:
Shifting Policies Suggest a Second Look at Trademark Registration in Cuba
While the future of doing business in Cuba remains uncertain, recent policy changes surrounding U.S. – Cuba relations has resulted in a more immediate opportunity to reevaluate registering trademarks in Cuba.
Iran and World Powers Announce Landmark Nuclear Agreement
On July 14, 2015, following nearly twenty months of talks, international negotiators from seven countries (the United States, the United Kingdom, China, France, Germany, Russia, and Iran) announced that they reached a landmark nuclear agreement to limit Iran’s nuclear program. While this is a historic agreement long in the making, it is important to note that there is no immediate lifting of sanctions against Iran. U.S. government officials have indicated that for now it is status quo for those focused on sanctions compliance.
Iran Negotiations Joint Plan of Action Extends Sanctions Relief through July 7, 2015
On June 30, the United States, together with its partners in the P5+1, the EU and Iran, agreed to a seven day extension of the Joint Plan of Action (JPOA), which currently halts progress on Iran’s nuclear program in order to continue negotiations towards establishing a comprehensive and enduring solution. The initial agreement, reached in November 2013, stipulated that the P5+1 (comprised of the United States, the United Kingdom, France, China, Russia, and Germany) would implement narrow and targeted sanctions relief in return for Iran’s continued commitment to limit its nuclear program.
U.S. and Cuba Agree to Open Embassies in Havana and Washington, D.C.
As tensions between Cuba and the United States continue to thaw, President Obama made a historic announcement today – the U.S. and Cuba will reopen embassies in each other’s capitals. This could prove a watershed moment in the push to normalize relationships between the two countries. Estimates are that the embassies will open by month end, with Secretary of State John Kerry traveling to Cuba for the official opening. This development echoes White House Press Secretary Josh Earnest’s response to his first ever question taken from a Cuban reporter last May – that the White House hoped the two countries would reopen embassies.
Trade Legislation Sent to Obama
On June 24, the Senate approved the Bipartisan Congressional Trade Priorities and Accountability Act of 2015, granting President Obama trade promotion authority, or TPA. The passage of this “fast-track” authority enables the President to leverage greater support during the upcoming negotiations for the Trans-Pacific Partnership (TPP) by guaranteeing that the trade agreement to be finalized by the 12-nation pact will be sent to Congress for approval without permitting lawmakers to amend the treaty.