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International Law

: International Trade Law News

BIS Imposes Civil Penalty on Illinois Company for Deemed Export Violations

By Douglas Jacobson

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The Bureau of Industry and Security (BIS) has announced that Ingersoll Machine Tools of Rockford, Illinois has agreed to pay a $126,000 civil penalty ($15,750 per violation) to settle allegations that it committed eight unlicensed deemed exports to Italian and Indian foreign nationals in violation...

This is a summary of the article. Click on the above link or visit www.tradelawnews.com to read the entire article.

Full post as published by International Trade Law News on August 13, 2008 (boomark / email).

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