GKG Law Associate Oliver Krischik was quoted by Radio Free Asia on May 29, in a piece discussing moves to intensify pressure on Chinese banks to violate sanctions against North Korea. Oliver noted that the United States Department of Justice's recent indictment describes a broad network of sanctions evaders that used Chinese financial institutions, among others, to launder North […]
The coronavirus (COVID-19) pandemic has disrupted business operations on a world-wide scale. As a result, many businesses have looked to government loans and aid to help offset their losses. It is important to remember, however, that business insurance policies also may cover some of your company’s losses depending on the language of your insurance policy […]
On April 28, 2020, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) published rules that will modify the Export Administration Regulations (EAR). These new rules largely target exports and re-exports to the People’s Republic of China (PRC), Russia, Venezuela, and other Country Group D:1 destinations. The new changes, which are effective on […]
GKG Law, P.C. is pleased to announce that four attorneys have been named to the 2020 Washington, DC Super Lawyers list and two attorneys were named to the 2020 Washington, DC Rising Stars list. The following GKG Law attorneys were named to the 2020 Washington, DC Super Lawyers list: Richard B. Bar — Nonprofit Organizations Brendan Collins — Business […]
In the last two weeks, the number of coronavirus cases has quintupled across the world, causing major disruptions to global shipping networks as governments impose lockdowns on cities, regions, and entire countries. The coronavirus pandemic, and the measures to contain it, have caused abrupt changes in consumer behavior, companies’ productivity, and in turn, companies’ financial […]
Since our last post on COVID-19 and force majeure earlier this month, the number of coronavirus cases has quintupled across the world, causing major disruptions to global shipping networks as governments imposed lockdowns on entire cities, regions, and countries. While transportation providers continue to move large shipments of goods by ocean, air, rail, and truck, many […]
Can Force Majeure Protect You from Claims Arising from Coronavirus Disruptions? The coronavirus' impact on the global shipping network invites the question: Does language in your transportation contracts protect you against customer claims arising from disruptions in service due to the coronavirus? Correspondingly, does language in counterparties’ contracts for transportation, warehousing, and logistics services allow […]
As everyone is probably aware, the coronavirus has had a devastating impact on the global shipping network, including ocean transportation. This invites the question: Does language in your transportation contracts protect you against customer claims arising from disruptions in service due to the coronavirus? Correspondingly, does language in counterparties’ contracts for transportation, warehousing, and logistics […]
On December 5, 2019, GKG Law's Oliver Krischik led a Lorman CLE webinar on the topic "Office of Foreign Assets Control Risk Assessment." The webinar addressed the May 2, 2019 release of new guidance by the Office of Foreign Assets Control (OFAC) stating that holistic sanctions “Risk Assessments” must be a part of a company’s Sanctions Compliance […]
On October 23, 2019 the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) removed the Specially Designated National (“SDN”) designations on the Government of Turkey’s Ministries of National Defense and Energy, as well as the SDN designations on the Turkish Ministers of National Defense, Energy, and Interior. On October 14, 2019, President […]