U.S. Department of the Treasury Designates Petroleos de Venezuela, S.A. as a Specially Designated National: Issues 8 New General Licenses

On January 28, 2018, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) designated Petroleos De Venezuela, S.A. ("PDVSA") as a Specially Designated National ("SDN") pursuant to Executive Order (“E.O.”) 13850 for operating in the oil sector of the Venezuelan economy.  In addition, the definitions of “Government of Venezuela” in E.O.s 12692, […]

Senator Klobuchar Introduces Legislation Placing Additional Burdens on Corporate Mergers: Possible Conflicts for Associations

Under the current Antitrust laws, large companies seeking to merge must file a Hart-Scott-Rodino Report with the Federal Trade Commission (FTC) or the Department of Justice (DOJ) describing the proposed transaction.  The respective antitrust agencies then review the information in the report and, within a given time period, must inform the parties to the transaction […]

Vetting Motor Carriers

Over the past several years, there have been many examples of the need for companies acting as forwarders, and NVOCCs and customs brokers to properly vet the trucking companies they utilize in order to be assured that those companies are competent, have trained drivers and appropriate safety ratings from the Federal Motor Carrier Safety Administration […]

SCOTUS Decision in Wayfair Prompts States to Enact Similar Sales Tax Laws

On June 21, 2018, the Supreme Court of the United States issued its decision in South Dakota v. Wayfair, Inc., 138 S.Ct. 2080 (2018).  The Wayfair decision is very significant in that it overturns the longstanding precedent that historically prohibited any state from requiring out of state businesses to collect sales or use taxes on […]

And So It Begins: France Fines Google $57 Million for Violating GDPR

On January 21, 2019, France’s data privacy agency, the National Data Protection Commission (CNIL) announced that it was issuing a €50 million fine against Google, Inc. for violating the new EU General Data Protection Regulation (GDPR).  This is the first enforcement action under the new penalty ranges of the GDPR and the first GDPR enforcement […]

Is My Organization Subject to the GDPR?

On May 25, 2018, the European Union’s (“EU’s”) General Data Protection Regulation (“GDPR”) went into effect, imposing new prohibitions, standards, and risk management guidelines on how companies can collect, process, transfer, and share personal data.  For U.S. associations, the most notable aspect of the GDPR was the expanded, (extra)territorial scope – companies outside the EU […]

GDPR Basics for U.S.-based Organizations

The European Union’s (“EU’s”) General Data Protection Regulation (“GDPR”) came into effect on May 25, 2018, imposing a new regulatory regime on companies that process, collect, and/or share personal data.  The GDPR also provides EU Member States’ data protection authorities with long-arm jurisdiction over many non-EU companies that process data about individuals located in the […]

France Fines Google $57 Million for Violating GDPR

On January 21, 2019, France’s data privacy agency, the National Data Protection Commission (CNIL) announced that it was issuing a €50 million fine against Google, Inc. for violating the new EU General Data Protection Regulation (GDPR).  This is the first major enforcement action under the GDPR and the first enforcement action against a U.S.-based company.  […]

Options for Allowing Third Parties to Use Your Aircraft: Income Tax, Excise Tax and Sales Tax Considerations

On Tuesday, January 15, 2019, GKG Law's Keith Swirsky led a detailed webinar on the topic “Options for Allowing Third Parties to Use Your Aircraft: Income Tax, Excise Tax and Sales Tax Considerations." The webinar provided an overview of (i) options available in connection with allowing affiliated persons and unaffiliated third parties to utilize a business aircraft including Part 135 aircraft […]

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