Category Archives: CISADA

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Aiming for a Moving Target: Bad and Good News on Changing Iran Sanctions

By: Scott Maberry and Reid Whitten On November 21, 2011, President Barack Obama signed Executive Order 13590 expanding sanctions against non-U.S. companies doing business in Iran. Under the new rules, whole sectors of business between Iran and third countries are now subject to U.S. sanctions. Overnight, non-U.S. companies working in Iran—in sectors not previously subject … Continue Reading

California and Florida Lead Trend of New State-Level Iran Sanctions

By Reid Whitten and Corey Phelps On June 2, 2011, Florida Governor Rick Scott signed a new state law prohibiting Florida government entities from contracting with companies invested in Iran’s petroleum energy sector.  Florida’s law, and a similar California law that went into effect on June 1, 2011, announce a coming trend of state laws targeting … Continue Reading

Implementation Of CISADA: New FAR Requirements

By Jessica M. Madon Effective September 29, 2010, the Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (“FAR Councils”) issued an interim rule amending the FAR to implement sections of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (“CISADA”), signed into law on July 1, 2010. 75 Fed. Reg. 60254 (Sept. 29, 2010). … Continue Reading

New Iranian Sanctions Legislation: Summary of Key Provisions

By John W. Chierichella and Jessica M. Madon On July 1, 2010, President Obama signed the Comprehensive Iran Sanction, Accountability, and Divestment Act of 2010 (“CISADA”). CISADA expands many existing restrictions and includes many new provisions designed to reach foreign firms currently doing business with Iran. More details into the impact of this legislation will emerge as the … Continue Reading
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