6 Jan 2025

⚖️Export Privileges Denied

In the Matter of Daniel Ray Lane, Inmate Number: 60019-177, FCI Texarkana, Federal Correctional Institution, P.O. Box 7000, Texarkana, TX 75505; Order Denying Export Privileges

Agencies

  • Commerce Department
  • Industry and Security Bureau

Business Impact ?

$$ - Med

The denial of export privileges to Daniel Ray Lane and the associated revocation of BIS licenses creates a precedent for business owners regarding compliance with export regulations. Businesses engaging in trade must ensure adherence to regulations (ECRA, IEEPA), as violations can lead to severe penalties including export bans.

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