by Hutchinsons Law | Sep 11, 2026 | Law
On September 8 and 10, 2026, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned multiple companies and persons for supporting Iran’s aviation sector and for enabling Iran to destabilize the Middle East. The...
by Hutchinsons Law | Aug 28, 2026 | Law
On August 21, 2026, the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC) issued General License (GL) 61 and GL 62, respectively authorizing the provision of U.S. goods, technology, software, and services in support of...
by Hutchinsons Law | Aug 14, 2026 | Law
Key Takeaways U.S. sanctions on Iran apply to non-U.S. companies that are owned 50% or more by one or more U.S. persons, so a non-U.S. subsidiary’s sales can create liability for its U.S. parent company. Under U.S. sanctions, indirect sales to...
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