On July 9, U.S. Senator Chuck Grassley sent a letter to the Department of Justice (DOJ) and the FBI expressing concerns over U.S. college campus organizations with alleged ties to Hamas that may be avoiding registration under...more
In Notice 2024-72, the IRS provided relief for individuals and businesses affected by terrorism in the State of Israel beginning on September 30, 2024. The new notice provides additional relief to taxpayers in Israel, as well...more
On July 24, Gov. Mike DeWine signed into law the Campus Accountability and Modernization to Protect University Students (CAMPUS) Act, which requires public and private higher education institutions to adopt and enforce...more
A strange confluence of geopolitical events, labor unrest, softening consumer demand, and supply-chain logistical issues could leave lumps of coal in the stockings of lenders this holiday season. The story begins in the Red...more
Welcome to summer and the fifth issue of The Academic Advisor for 2024 - In this issue, we examine the following topics of import for schools, institutions of higher education, and other education-focused organizations: ...more
On 24 April 2024, President Biden signed into law H.R. 815, “Making Emergency Supplemental Appropriations for the Fiscal Year Ending September 30, 2024, and for Other Purposes” (the Act). The long-awaited piece of legislation...more
On April 24, 2024, President Biden signed into law a long-debated $98 billion foreign aid and national security legislative package (the “Act”) providing funds for Israel, Taiwan, and Ukraine, and authorizing new sanctions...more
2023 was another record year for U.S. sanctions and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). Most prominently, OFAC continued to impose significant additional sanctions on Russia in...more
The Biden Administration has made concentrated efforts to address the rise in reports of antisemitic, Islamophobic, and other hate-based or bias-based incidents in schools and on college campuses since the beginning of the...more
In this weekly update, we summarise the most notable updates in the UK sanctions world. 1. Russia Sanctions - UK Government adds Russian-based cyber hacker under Cyber regime: On January 23, 2024, the UK Government,...more
Cryptocurrency, with its anonymity and decentralization, has revolutionized financial transactions. However, it has also opened doors for illicit activities, such as terrorist financing. Below we explore the role of...more
BALTIMORE — New UpSurge CEO Bets on Baltimore, Tech Tech- entrepreneur Kory Bailey — who was recently named CEO of UpSurge, a nonprofit, professional ecosystem-building organization — spoke about his efforts to build a...more
The October 7, 2023 attacks on Israel by Hamas have re-focused U.S. government efforts to identify and counter funding streams for Hamas and terrorist activity in general – including, in particular, through the use of...more
El 20/10/23, FinCEN emitió Señales de Alerta (“Red Flags”) sobre el Financiamiento del Terrorismo para ayudar a las instituciones financieras a identificar flujos de financiamiento para la organización terrorista Hamás en...more
On 10/20/23, Terrorist Financing Red Flags were issued by FinCEN to assist financial institutions in identifying funding streams for the terrorist organization Hamas in response to Hamas’s terrorist attack on the people of...more
The Republican Attorneys General Association (RAGA) adopted a resolution condemning the attacks on Israel by Hamas and Hezbollah, denouncing recent anti-Semitic attacks within the United States, and calling for increased...more
First, please permit me a little bit of digression as always. As many journalists would state, and have, the world is currently on fire regarding regional conflicts that could spiral into WW3 as continuous movement regarding...more
1. BIS Releases Texts of New Chip Export Control Rules- Updating and expanding on rules issued last year, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) released three rules on October 27 targeting...more
Following the October 7 attack on Israel by Hamas, the Treasury Department’s Office of Foreign Assets Control (OFAC) has undertaken several initial sanctions steps to counter terrorist financing and call attention to...more
Below is this week’s congressional update by BakerHostetler’s Federal Policy team. We’ll continue to post in weeks when both chambers of Congress are in session....more
October 27, 2023- The U.S. Department of the Treasury's Office of Foreign Assets Control imposed a second round of sanctions on key Hamas-linked officials and financial networks....more
The Impending Shift of City Council Power Dynamics- Regardless of the November election outcome, the power dynamics within City Hall are set to change as members elect new leadership including a council president. While...more
Sixteen days after the Hamas attack on Israel and Israel’s declaration of war, Israel is preparing to launch a major ground operation into the Gaza Strip with the stated goal of eradicating Hamas. With casualties on both...more
Welcome to Holland & Knight's monthly defense news update. We are excited to bring you the latest in defense policy, regulatory updates and other significant developments. Please see full Report attached for more...more
The Cozen Lens- • The fight over the House speakership reveals how the combination of House Republicans’ narrow majority and fractious conference prevents them from accomplishing much for the remainder of 2023. • The...more