Topic
Sanctions
3,097 published works
Global Trade & Sanctions Law
OFAC Issues Broad Authorizations for Dealings with PdVSA
By Christopher R. Wall, Stephan E. Becker, Aaron R. Hutman, Matthew R. Rabinowitz, Samantha Franks, Erin Kwiatkowski, Daniel Steinfeld
On March 18, 2026, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela General License 52 (GL 52). The license broadly authorizes established U.S. entities to…
International Trade Law
OFAC Issues New General Licenses Authorizing Broad PdVSA Transactions
By Jeremy Iloulian, Heather Sanborn, Dmitry Bergoltsev
On March 18 and 19, 2026, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued two new Venezuela-related general licenses: General License No. 52 (GL 52),…
Cleary Foreign Investment and International Trade Watch
OFAC Issues GL 52, Further Loosening Sanctions Against PdVSA
By Chase D. Kaniecki, Samuel H. Chang, Yulia A. Solomakhina, Ana Carolina Maloney, Kerry Mullins
On March 18, 2026, the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC) issued General License (GL) 52, authorizing certain transactions involving Petróleos de Venezuela, S.A. (PdVSA),…
Sanctions & Export Controls Update
OFAC Issues Amended and New General Licenses Tied to the Venezuelan Energy Sector
By Terence Gilroy (US), Michael Amberg (UK), Alexandra Kumar (US)
On March 13, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) expanded the scope of three existing general licenses (“GLs”) and issued two amended Frequently Asked…
Cleary Foreign Investment and International Trade Watch
OFAC Expands Venezuela Sanctions Relief to Fertilizers and Petrochemical Products, Investment in Petrochemical and Electricity Sectors
By Samuel H. Chang, Chase D. Kaniecki, Yulia A. Solomakhina, Ana Carolina Maloney, Kerry Mullins
On March 13, 2026, the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC) issued three amended General Licenses (GLs), extending authorized activities to include the export of…
Simple Justice
A Little Help From Our Friends*
There’s some irony that the walls behind Trump as he “explained” from the Oval Office that the United States didn’t need any other country’s help are covered in the resplendent…
Southern California Appellate News
Sanctions dodged
Counsel admonished, but not sanctioned (by 2/4) in this unpub: The court may impose sanctions, as relevant here, for taking a frivolous appeal or appealing solely to cause delay or for…
International Trade Law
Eight Takeaways After Seven Weeks of OFAC’s Six, wait Seven, New and Updated General Licenses for Venezuela
By Dj Wolff, Erik Woodhouse, Caroline Brown, Carlton Greene, Jeremy Iloulian, Jasmine Masri, Dmitry Bergoltsev
Introduction Over the last two months, OFAC has issued and updated a series of general licenses and Frequently Asked Questions (FAQs) that allow for a variety of activities in the…
FinTalk
Eight Takeaways After Seven Weeks of OFAC’s Six — wait, Seven — New and Updated General Licenses for Venezuela
By Dj Wolff, Erik Woodhouse, Caroline Brown, Carlton Greene, Jeremy Iloulian, Jasmine Masri, Dmitry Bergoltsev
What You Need To Know The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued six new general licenses, and updated a seventh that allow for many…
SmarTrade
OFAC Issues Russia General License Allowing Delivery and Sale of Russian Crude Oil and Petroleum
By Scott E. Diamond**, Francesca M.S. Guerrero, Samir D. Varma, Aaron C. Mandelbaum
On March 12, 2026, the Department of the Treasury's Office of Foreign Assets Control (OFAC) issued Russia-related General License 134, "Authorizing the Delivery and Sale of Crude Oil and Petroleum Products…