Venezuela sanctions update

REPORT ON THE UPDATING OF SANCTIONS AGAINST VENEZUELA With regard to sanctions against Venezuela, the following novelties have occurred: 1. The Office of Foreign Assets Control (OFAC) has issued General License 9F, dated September 30th 2019, which authorizes operations in the following areas: a) Except as provided in paragraphs f) and g) of this text, […]

Meeting with the Spanish Ambassador

BREAKFAST WITH ANTONIO ÁLVAREZ BARTHE, THE SPANISH AMBASSADOR OF THE UNITED ARAB EMIRATES This morning, Lupicinio International Law Firm, together with the Club of Exporters and Investors, organized a breakfast to explain the investment situation in the United Arab Emirates (UAE). The talk was led by Antonio Álvarez Barthe, Spain’s Ambassador of the UAE. Mr. […]

The Helms-Burton Law: Uncertainty for investors in Cuba.

After the lifting of the suspension of Title III of the Helms-Burton Act, there is still some caution and uncertainty when it comes to assessing U.S. embargo claims against Cuba. There is still a long way to go to establish parameters that are consolidated and accepted by the judges, as well as to determine who […]

New U.S. sanctions in China

The US government has decided to blacklist China’s 28 “top Artificial Intelligence startups” (20 Chinese public security offices as well as 8 technology and video surveillance companies). As a consequence, it is impossible for China to do business with the US without the prior consent of the US government, which could be very damaging. The […]

New Sanctions on Russia

“The United States Treasury Department has imposed new sanctions on the Russian army for an alleged scheme carried out by the company Sovfracht in order to provide fuel to its armed forces in Syria in support of the Assad government. The plot was discovered by OFAC along with the FBI and the Attorney General of […]

Commitment to diversity

LUPICINIO INTERNATIONAL JOINS COMMITMENT TO DIVERSITY The firm signs the Manifesto for Equality on the Boards of Directors and Executive Committees of the association “Women in a Legal World” Madrid, October 1, 2019 – Lupicinio International Law Firm, a multidisciplinary boutique, has signed the “Manifesto for Equality on the Boards of Directors and Executive Committees”. […]

Dubai Foreign Investment

A new virtual license for companies will enable investors  to carry out business in Dubai without the need for a residence permit On Tuesday 1st October 2019, the Deputy Governor of Dubai, Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, announced the launch of the first “virtual company license” in the region. What are the […]