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OFAC Attorney

409 7th St NW
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Washington, DC 20004

Hours: 8 A.M. – 8 P.M. / Mon-Sun
Phone: (202) 517-1611
E-mail: info@ofaclawyer.net
Web: http://ofaclawyer.net

Closure of 90-day Wind-Down Period Instills Fear; Auto Industry Halts Investments

With the first wave of reinstated sanctions hitting Iran on August 7, 2018, German carmaker Daimler froze its plans to expand into the Iranian market. Daimler, the world’s biggest luxury carmaker and commercial vehicles manufacturer, has reversed its 2016 plans to re-establish ties with Iran’s automotive industry. In 2016 Daimler established a joint venture with […]

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JCPOA-related Waived U.S. Sanctions Snap Back on Iran

On August 7, 2018, the U.S. reinstated the first wave of sanctions against Iran as the 90-day wind-down period concluded. The Trump administration reimposed sanctions that prohibit Iran purchasing U.S. banknotes, commercial aircraft, trading gold and metals, and business with Iran’s automotive sector. The snapback provisions were evoked by President Trump’s May 8, 2018 decision […]

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Nike Decides Against Providing Footwear to Iranian World Cup Team, Citing U.S. Sanctions

There has been much controversy surrounding Nike’s decision to not provide Iran’s National Team (Team Melli) players with boots. The decision follows U.S. withdrawal from the JCPOA, an international nuclear agreement with Iran and world powers including the United States. On Friday, Nike said, “The sanctions mean that, as a U.S. company, we cannot supply […]

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