sanctions News

U.S. Turns Screws on Maritime Industry to Cut Off Venezuela’s Oil

LONDON/WASHINGTON — Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the Latin American country. U.S. …

Trump Administration Issues Global Maritime Advisory on Sanctions, With Industry Input

WASHINGTON/LONDON — The Trump administration on Thursday issued guidelines to help ship owners and insurers avoid the risks of sanctions penalties, standards that maritime players and a senior State Department official said were modified following months of discussions with industry. …

Israeli Spyware Firm NSO Seeks Court Sanctions Against Facebook

TEL AVIV — Israel’s NSO Group is asking a California judge to sanction Facebook Inc for allegedly failing to abide by international law with regards to its lawsuit against the spyware maker. Facebook’s WhatsApp sued NSO in October after finding …

Texas Supreme Court Closes ‘Trapdoor’ of Pretrial Negligence Requests

Insurance companies should take note of a recent ruling by the Supreme Court of Texas that closes a “trapdoor” pretrial discovery gambit by plaintiffs’ lawyers that exposed defendants to sanctions for denying negligence in pretrial requests for admissions and then …

Tainted Oil: Exxon, Others Say U.S. Government Sold Toxic Crude

About the photo: A contractor works at Bryan Mound Strategic Petroleum Reserve in Freeport, Texas. Photographer: Luke Sharrett/Bloomberg Exxon Mobil Corp. is the latest company to raise concerns that a stockpile of U.S. government crude is tainted with poisonous gas. …

Governor Announces Lawsuit vs NCAA Over Penn State Scandal

Pennsylvania Governor Tom Corbett said on Wednesday he will ask a federal court to throw out the multimillion-dollar sanctions levied by the NCAA against Penn State University over the Jerry Sandusky sex-abuse scandal, saying the punishment threatens to cause devastating …

U.S. Sanctions BP, Contractors for Gulf Oil Spill

The U.S. offshore drilling regulator Wednesday formally issued sanctions against BP and the major contractors involved in the 2010 explosion on the Deepwater Horizon rig that killed 11 workers and spewed more than 4 million barrels of oil into the …