Husch Blackwell’s Grant Leach and Cortney Morgan attended a lunch meeting on February 16, 2016 at the U.S. Chamber of Commerce in D.C. where the Cuban minister of trade, Rodrigo Malmierca, was the keynote speaker. During a break in the lunch, a reporter from McClatchey interviewed Grant for this article.
New Rules Create New Business Opportunities in Cuba
Yesterday, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) and the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) released new rules easing the remaining travel and export financing restrictions on Cuba, offering new opportunities for U.S. businesses to engage with Cuba.
Classic Catch 22? Dilemma of Foreign Companies Faced With Comply with US Subpoena and Possible Foreign Sanctions or Violate Subpoena and Possible Domestic Sanctions
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.