Topic: Iran

JD Supra Corporate Brief: Cybersecurity Framework, FCPA Enforcement, Marijuana Money, Food Safety

Enough is enough: on this day in 1951, the Twenty-second Amendment to the US Constitution was ratified, limiting presidents to two terms. Five things every in-house counsel should understand about the NIST Cybersecurity Framework… (King & Spalding) Are you listening to what the SEC is saying about the FCPA? (Aaron Tidman at Mintz Levin) Feds… Read more »

JD Supra Corporate Brief: Marijuana Industry Banks, Moldy Washing Machines, Deferred Prosecution Agreements, Foreign Sanctions Evaders

Go ahead, sign up for email delivery of the JD Supra Corporate Brief. It is Tuesday, after all… The bottom line? Banks should think twice before doing business with a marijuana-related business… (Jay Baris and Oliver Ireland at Morrison & Foerster) Injury or no injury, consumers are free to join class action lawsuits against Whirlpool… Read more »

JD Supra Corporate Brief: Cybersecurity Checklist, Tax Reform, Iran Sanctions, Confidential Documents

Cold, colder, coldest? Fight the Arctic chill with a hot cup of coffee, a wool sweater, and the JD Supra Corporate Brief: Here’s a Top Ten cybersecurity checklist for boards of directors… (Ed Batts at DLA Piper) Canada is about to implement the harshest anti-spam law in the G-8 – and you need to know… Read more »

JD Supra Corporate Brief: Global Antitrust, Data Security, Job Candidates, Iran Sanctions

Whatever the weather, the JD Supra Corporate Brief will keep you warm and dry: Here’s a look at global trends in M&A antitrust enforcement… (Skadden Arps) The federal “Data Security Act” would preempt all state laws related to data security and notification requirements… (Travis Wall at Barger & Wolen) “OK, now let’s see if she’s… Read more »

JD Supra Corporate Brief: Trade Secrets, Employee Hours, Iran Sanctions, Snowden Revelations

Yes, it’s Monday. Good thing there’s law news (and coffee!): There are seven different bills related to trade secrets currently pending before Congress… (Daniel Corbett and Gabriel Ramsey at Orrick) Here are 2.75 million reasons why you need to be very very careful when rounding employee hours… (Michael Cardman at XpertHR) 2013 has been an… Read more »

US Joins International Community in Easing Iran Sanctions, But It’s Probably Too Early to Celebrate

“[C]ommitments to relax sanctions measures will only be effective if, when and to the extent that they are implemented in U.S. and EU law.” (Harry Clark and Clark McFadden of Orrick) Late last month, the US, along with the four other US Security Council members – China, France, Russia, and the United Kingdom – and… Read more »

JD Supra Corporate Brief: Supply Chain Security, Safe Harbor Program, Iran Sanctions Changes, California Fracking Rules

On December 2, 2001, Enron filed for Chapter 11 bankruptcy. Can you believe it’s been just twelve years? What do changes to US sanctions on Iran mean for American companies? (Perkins Coie) Supply chain security compliance just got a lot harder for Department of Defense contractors… (Peter McLaughlin, Rick Vacura, and Bradley Wine at Morrison… Read more »

JD Supra Corporate Brief: Iran Notices, Health FSAs, Corporate Boards, FATCA Implementation

Voters across the country agree: the JD Supra Corporate Brief is a great way to start the day! Are the days when Chief Compliance Officers are held accountable a thing of the past? (Bettina Eckerle of Eckerle Law) Over the past eight months, companies have filed more than 400 Iran notices with the SEC… (Shearman… Read more »

JD Supra Corporate Brief: Tax Reforms, Electronic Evidence, Office Romance, US Sanctions

Law news you can use, every day: the JD Supra Corporate Brief. Sign up for email delivery. Senate Finance Committee publishes 19 pages of potential tax reforms for tax-exempt organizations (Venable) Unexpected FATCA delay gives foreign banks an additional six months to comply… (Pepper Hamilton) Trying to gather electronic evidence from employee laptops, online services,… Read more »

US Strengthens Restrictions on Iran – with One Notable Exception

It’s a busy time for US government officials charged with imposing sanctions against Iran. What’s new? 1. Sanctions on financial institutions that trade in Iran’s currency: “On June 3, the Obama Administration announced a new Executive Order authorizing sanctions that directly target trade in Iran’s currency, the rial. The order authorizes the Treasury Secretary to… Read more »

Sanctions Update: Public Companies Must Disclose Iran-Related Activities In SEC Reports

One of the key provisions in the Iran Threat Reduction and Syria Human Rights Act of 2012 is a new SEC reporting requirement regarding certain Iran-related activities. From law firm Loeb & Loeb: “Beginning February 6, 2013, public companies must disclose in annual or quarterly reports to the Securities and Exchange Commission whether the companies… Read more »

Latest Iran Sanctions: Need-to-Know from JD Supra

The net of international sanctions on Iran and entities that do business with the Iranian regime continues to tighten. For your reference, here’s a roundup of latest commentary and analysis on sanctions imposed by the United States and Europe: U.S. Activity New Iran Sanctions Enacted (BakerHostetler): “The [latest] law, which comes just shy of five… Read more »

Iran Sanctions Now Apply to Foreign Subsidiaries of U.S. Corporations

On October 9, President Obama issued an Executive Order that makes foreign subsidiaries of U.S. corporations subject to sanctions on doing business with Iran. From law firm King & Spalding: “Under Section 4 [of the Iran Threat Reduction and Syria Human Rights Act], no entity that is owned or controlled by a U.S. person and… Read more »

Sanctions Update: U.S. Turns Up Pressure on Iran, Syria

Earlier this month, President Obama signed into law the Iran Threat Reduction and Syria Human Rights Act of 2012. From law firm Skadden Arps: “The Act is the U.S. government’s latest response to Iran’s illegal nuclear program and the situation in Syria, and it reflects an intensified effort to counter perceived efforts by non-U.S. companies… Read more »