Miller & Chevalier hosted the first event in the Economic Sanctions Webinar Series, which focused on U.S. sanctions and export controls on Iran and addressed the major pitfalls in transactions, mergers and acquisitions, and enforcement for U.S. corporations, non-U.S. corporations, and individuals. The webinar included an overview of the enforcement environment and extraterritorial reach over non-U.S. firms via reexport controls and vicarious liability for U.S. persons working in non-U.S. companies, as well as a discussion of the restrictions on U.S. lawyers and other U.S. persons, from facilitating and approving third country trade with Iran.

Additional topics included:

• Licensing of medicine, medical devices, food, and agricultural products
• The impact on U.S. board members of non-U.S. firms
• Efforts of the U.S. State Department to persuade firms to pull out of Iran
• The deemed export rule and Iranian persons
• Efforts of the U.S. Treasury Department to persuade central banks and money center banks to refrain from accepting payments or making payments from and to Iran