Lindsey A. Ricchi

Jul 26, 2024 | wilmerhale.com | Neena Shenai |Barry Hurewitz |Richard Burger |Christopher Cestaro |Leslie Harrelson |Lindsey A. Ricchi | +2 more

Summary On July 10, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) released new guidance (the “July 10 Release”) outlining different types of precautionary letters (“supplier list” letters, “Project Guardian” requests, “red flag” letters, and “is informed” letters) that BIS may send to “companies and universities” to notify them of “parties of national security concern, such as those that present a risk of diverting [Export Administration Regulations (“EAR”)]...