McNabb in the News (10/06)

Senior Principal Douglas McNabb and Associate C.M. Choate have had an article concerning export control violations published in the Executive Legal Adviser:

Few things are as exciting for a manufacturer as an overseas client. But designing and manufacturing goods for an overseas client can be fraught with criminal implications.
…
A willful violation of [the Office of Foreign Asset Control’s] regulations can result in a criminal fine for [a] company of five times the value of the exports or $1 million, whichever is greater….In a real-world example, according to a Feb. 2, 2002, announcement by the [Bureau of Industry and Security], Texas-bases BS&B Process Systems Inc,. agreed to pay $86,000 in civil penalties, $414,000 in criminal fines and had its export privileges denied for three years for allegedly violating BIS regulations because it exported oil field processing equipment to Iran….^[1]

---

[1] Douglas C. McNabb and C.M. Choate, Overseas Clients and Copyright Confusion, Executive Legal Adviser 12-13, Sept./Oct. 2006.