Ajay Kuntamukkala

Nov 5, 2024 | jdsupra.com | Aleksandar Dukic |Ajay Kuntamukkala

On October 17, 2024 the Office of Foreign Assets Control (“OFAC”) of the US Department of Treasury imposed sanctions on two private companies based in the People’s Republic of China (“China”) for working in collaboration with Russian firms on the production and development of the Garpiya drone series. These sanctions, imposed pursuant to Executive Order (“EO”) 14024, represent an ongoing effort to punish and deter such behavior even when the underlying activities have no U.S. nexus.

May 22, 2024 | jdsupra.com | Tim Bergreen |Michael Druckman |Ajay Kuntamukkala

While the landscape continues to evolve rapidly, there are steps that life sciences companies – particularly cell, tissue, and gene therapy (CTGT) and other companies engaged in complex biotechnology manufacturing – should consider taking now to avoid unintended and potentially serious consequences if (/when) the pending legislation is enacted.

Aug 2, 2023 | jdsupra.com | Zachary Alvarez |Anthony Capobianco |Ajay Kuntamukkala

[co-author: Andrea Fraser-Reid]The U.S. Departments of Commerce, Justice and Treasury have issued a “Tri-Seal” Compliance Note regarding national security laws and regulations and the voluntary self-disclosure of potential violations, highlighting similarities and differences in agency positions. On the same day the “Tri-Seal” Compliance Note was issued, Assistant Secretary of Commerce Matthew S. Axelrod delivered remarks to the Society for International Affairs Summer Back to Basics Conference.