Author: Martin Lutz

Martin advises an extensive range of US and foreign clients on a variety of international legal matters. Numerous companies on the Fortune Global 500 list have sought his counsel as well as foreign governments, universities, private equity funds, international charities, technology companies and manufacturers of all sizes. In addition, he also advises US and foreign high-net-worth individuals as well as family-owned companies with business operations, assets and heirs moving across borders.
16Sep

U.S. Regulation of Cross-Border Transactions in the Oilfield Sector

International Trade

Companies considering business opportunities outside of the United States must be prepared to deal with a myriad of new laws and regulations. There may be foreign laws to contend with, of course, but there are also U.S. laws related to international trade that companies operating only domestically likely have never encountered. There are multiple U.S. government agencies that regulate the transfer of equipment, software, technology, and services from the United States to foreign countries through “export control” and sanctions regulations. These regulations cover shipments leaving the United States; shipments of certain U.S. origin goods amongst foreign countries; data transmissions from the U.S. to other countries; and the provision of services to or receipt of services from certain countries, organizations, and individuals. These regulations can even apply inside the U.S. when sharing certain information with foreign persons, including prospective business partners and investors, and they can also apply to any facilitation of foreign transactions by U.S. persons.

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