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HTMLU.S. Extends Authorization for Transactions with Sanctioned Belarusian Entities
David Baron, Kara M. Bombach, Sandra K. Jorgensen; Greenberg Traurig, LLP;
Legal Alert/Article
May 18, 2016, previously published on May 3, 2016
On April 29, 2016, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License No. 2A extending its previous Oct. 29, 2015, Belarus-related general authorization (General License 2) to engage in transactions with all sanctioned Belarusian entities. The...

 

HTMLCFPB Scrutinized During Oral Argument Before the D.C. Circuit in PHH Corp. v. Consumer Financial Protection Bureau
Jennifer L. Gray, Gil Rudolph, Murray B. Silverstein; Greenberg Traurig, LLP;
Legal Alert/Article
May 10, 2016, previously published on April 22, 2016
In a closely watched case testing the limits of the Dodd-Frank Act’s creation of the Consumer Financial Protection Bureau (CFPB), the U. S. Court of Appeals for the District of Columbia Circuit heard oral arguments in PHH Corp. v. Consumer Financial Protection Bureau on April 12, 2016. The...

 

HTMLDoes FERC’s Denial of Authority to Construct Jordan Cove Signal a More Rigorous Test for Future LNG Projects?
Gus Howard, Kenneth M. Minesinger, Howard L. Nelson; Greenberg Traurig, LLP;
Legal Alert/Article
April 14, 2016, previously published on March 21, 2016
On March 11, 2016, the Federal Energy Regulatory Commission (FERC) denied an application by Jordan Cove Energy Project, L.P. (Jordan Cove) for authority under Section 3 of the Natural Gas Act (NGA) to site, construct, and operate a facility at Coos Bay, Oregon, for the exportation, principally to...

 

HTMLNew North Korea Sanctions Designations
Kara M. Bombach, Cyril T. Brennan, Sandra K. Jorgensen, Erik de Bie, Marie-José van der Heijden; Greenberg Traurig, LLP;
Legal Alert/Article
April 14, 2016, previously published on March 18, 2016
Further to the newly-enacted North Korea Sanctions and Policy Enhancement Act of 2016 (H.R. 757) (the Act) summarized in our previous GT Alert, on March 16, 2016, President Obama issued an executive order implementing a number of sanctions measures pursuant to the Act.

 

HTMLSection 162(m): Actions that Should be Taken by March 30, 2016, and/or in this Year’s Proxy to Avoid the $1,000,000 Deduction Limitation
Michael R. Einig, Ian A. Herbert, Leslie A. Klein, Steven B. Lapidus, Mindy B. Leathe; Greenberg Traurig, LLP;
Legal Alert/Article
April 7, 2016, previously published on March 22, 2016
This GT Alert serves to remind our publicly held clients of things that need to be done early this year to minimize or avoid the application of the deduction limitations imposed by Section 162(m) of the Internal Revenue Code of 1986, as amended. The Alert also provides an overview of the basic...

 

HTMLU.S. Further Eases Restrictions on Cuba Travel and Financial Transactions
Kara M. Bombach, Cyril T. Brennan, Yosbel A. Ibarra, Sandra K. Jorgensen; Greenberg Traurig, LLP;
Legal Alert/Article
March 30, 2016, previously published on March 16, 2016
In its most recent move in a series of changes designed to increase engagement between the United States and Cuba, and in line with the Administration’s policy, on March 16, 2016, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended the existing Cuban...

 

HTMLPrivate Rights of Action for Exempt Energy Transactions: the CFTC EEMAC Committee Meeting
Harris L. Kay, Gregory K. Lawrence; Greenberg Traurig, LLP;
Legal Alert/Article
March 22, 2016, previously published on February 29, 2016
On May 19, 2015, the United States Commodity Futures Trading Commission (CFTC) issued a proposed order exempting certain categories of Southwest Power Pool, Inc. (SPP) electric energy transactions from all but the antifraud and anti-manipulation provisions of the Commodity Exchange Act (CEA) (the...

 

HTMLEU Lifts Majority of Belarus Sanctions
David Baron, Cyril T. Brennan, Marie-José van der Heijden; Greenberg Traurig, LLP;
Legal Alert/Article
March 3, 2016, previously published on February 19, 2016
On Feb. 15, 2016, European Union (EU) foreign ministers met in Brussels and agreed to permanently lift most EU sanctions against Belarus. The unanimous decision, effective March 1, 2016, will result in the termination of travel bans and asset freezes currently in place against 170 Belarusian...

 

HTMLFDA Issues Guidance for Blood Banks to Reduce Risk for Collection of Zika Infected Blood
Nancy E. Taylor; Greenberg Traurig, LLP;
Legal Alert/Article
March 3, 2016, previously published on February 19, 2016
On Feb. 16, 2016, the Food and Drug Administration issued guidance for blood banks with recommendations for donor screening, donor deferral, and product management to reduce the risk of transmission of the Zika virus through transfusion. The FDA issued this guidance because the risk of transmission...

 

HTMLPresident Obama Signs Legislation Tightening North Korea Sanctions
Kara M. Bombach, Cyril T. Brennan, Sandra K. Jorgensen; Greenberg Traurig, LLP;
Legal Alert/Article
March 2, 2016, previously published on February 24, 2016
On Feb. 18, 2016, President Obama signed into law the North Korea Sanctions and Policy Enhancement Act of 2016 (H.R. 757) (the Act), a bill tightening U.S. sanctions against North Korea. The legislation imposes strict licensing requirements for the export or reexport to North Korea of any...

 


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