Sophisticated OFAC Lawyers Providing Cutting-Edge Representation
At Ferrari & Associates, P.C., we are known for providing expert legal advice on U.S. economic and trade sanctions matters and representing parties before the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC). Further, we frequently represent parties being investigated or prosecuted for IEEPA and Kingpin Act violations. This area of law is complex and requires the guidance of lawyers who understand the law, as well as the procedures and policies underlying OFAC sanctions. Our team of experienced OFAC lawyers have the knowledge, resources, and experience necessary to represent a sophisticated clientele from around the world on any matter that may relate to OFAC-administered sanctions programs.
Providing Skilled OFAC Representation Globally
While our firm is located in Washington D.C.-directly across the street from the U.S. Department of the Treasury-we represent parties from all over the world in OFAC sanctions cases, with a high rate of success. For example, we have represented foreign parties in criminal prosecutions and investigations of violations of U.S. sanctions and export control regulations; in OFAC enforcement investigations, including responding to OFAC administrative subpoenas and requests for information on behalf of foreign financial institutions, corporations and private individuals; in delistings from from the OFAC SDN List, and the BIS Entity and Unverified Lists; and in hundreds of OFAC licensing and OFAC compliance matters.
Through these OFAC representations we have removed parties from the OFAC SDN List, successfully unblocked millions of dollars blocked by banks due to OFAC sanctions; successfully defended financial institutions and others in OFAC enforcement investigations; and obtained acquittals and non-prosecution agreements for clients facing prosecution and investigation for criminal charges arising from OFAC sanctions and export control violations.
We also routinely provide OFAC compliance counseling for financial institutions and companies across industry sectors, including domestic and foreign businesses in the shipping, insurance, and energy sectors. As a sophisticated OFAC sanctions practice with a number of our lawyers and staff being former OFAC officials, we understand how OFAC executes its mission from a procedural perspective, as well how it traditionally interprets and utilizes its authorities. We use that knowledge and understanding to provide the most effective counsel possible to our clients.
Further, the lawyers of our firm have also been deemed subject matter experts on U.S. economic sanctions issues and been admitted as expert witnesses on sanctions issues in a number of state and federal litigations. Further, lawyers from our firm have been published numerous times on sanctions issues, and are often called upon by the media to comment on sanctions issues, including in publications such as:
If you need legal guidance with a complex OFAC-related issue, please do not hesitate to contact us.
& Licensing Matters
Deripaska v. Mnuchin
Representation of Russian businessman Oleg Deripaska in his challenges to being designated by OFAC under Executive Orders 13661 and 13662.Read More
Global Financial Institution--OFAC Enforcement matter
Representation of one of the world’s largest financial institutions in a multi-agency sanctions enforcement investigation, with Ferrari & Associates leading the efforts on the OFAC enforcement aspect of the caseRead More
U.S. v. Zarrab
Representation of Turkish gold trader, Reza Zarrab, in his criminal prosecution in the Southern District of New York involving allegations of one of the largest Iran sanctions evasion schemes in historyRead More
Major Global Law Firms--OFAC Compliance
Ferrari & Associates serves as outside counsel to a number of Am Law 100 law firms in assisting those firms with their OFAC compliance obligations and licensing efforts.Read More
DRC Election Officials
Ferrari & Associates represents former and current officials of the Democratic Republic of the Congo’s Independent National Electoral Commission in their challenges to sanctions imposed by the United States Department of the Treasury and the United States Department of State. Those challenges are taking place both in the United States District Court for the District of Columbia and before the federal agencies involved in the sanctions designation actions.Read More
Major U.S. Charity
Ferrari & Associates represents a large global charitable organization in ensuring its operations’ compliance with U.S. sanctions.Read More
Major Multinational Medical Device Manufacturer
Representation of multi-national medical device manufacturer with respect to OFAC compliance and procurement of OFAC and BIS licenses to engage in transactions with countries subject to OFAC administered sanctions programs.Read More
Multi-national Oil & Gas Company
Ferrari & Associates represented a U.S.-headquartered multinational oil and gas company in an OFAC enforcement investigation into apparent violations of the Iran and Ukraine-/Russia-related sanctions programs. That investigation was successfully resolved through the issuance of a warning letter.Read More
Representation of a state-owned mining company with respect to advising on compliance with U.S. sanctions and representing the entity before OFAC.Read More