Comments on: ECO Announces Big Fine In Short Newsletter http://www.exportlawblog.com/archives/505 Latest News on DDTC, BIS, OFAC, and other export law matters Fri, 10 Feb 2012 10:06:23 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Lauren from ExportCompliance.Org http://www.exportlawblog.com/archives/505/comment-page-1#comment-23765 Lauren from ExportCompliance.Org Wed, 27 May 2009 21:33:51 +0000 http://www.exportlawblog.com/?p=505#comment-23765 Wow, they are true believers in the old quote, "Brevity is the soul of wit." Wow, they are true believers in the old quote, “Brevity is the soul of wit.”

]]> By: Joey http://www.exportlawblog.com/archives/505/comment-page-1#comment-22815 Joey Tue, 19 May 2009 17:31:52 +0000 http://www.exportlawblog.com/?p=505#comment-22815 A URL to the East Anglia Society's newsletter, pls? A URL to the East Anglia Society’s newsletter, pls?

]]> By: Hillbilly http://www.exportlawblog.com/archives/505/comment-page-1#comment-22804 Hillbilly Tue, 19 May 2009 13:02:45 +0000 http://www.exportlawblog.com/?p=505#comment-22804 I would be curious as to whether a "Compounding" is more analagous to a "Consent Agreement" or a deferred prosecution agreement (both of which are mechanisms by which DDTC and DoJ cut deals for large corporate friends while going after small businesses and individuals like Professor Roth). I would be curious as to whether a “Compounding” is more analagous to a “Consent Agreement” or a deferred prosecution agreement (both of which are mechanisms by which DDTC and DoJ cut deals for large corporate friends while going after small businesses and individuals like Professor Roth).

]]> By: Hamish http://www.exportlawblog.com/archives/505/comment-page-1#comment-22799 Hamish Tue, 19 May 2009 07:39:42 +0000 http://www.exportlawblog.com/?p=505#comment-22799 Clif In fact we have to be grateful to the ECO for this tiny amount of information. The compounding is an agreement between HM Revenue and Customs (the prosecuting authority) and the company concerned. If it was not for the ECO we would probably have heard nothing at all from HMRC. By accepting a Compounding the company has managed to keep the action out of court and thus out of the Public domain. Given the size of the compounding (possibly the largest ever) this may have been something that both thee company and the Government would have wished for. The rule of thumb is that a court case is not considered unless a licence would have been refused. Add that to the story and the actuality could be very interesting indeed. Clif

In fact we have to be grateful to the ECO for this tiny amount of information. The compounding is an agreement between HM Revenue and Customs (the prosecuting authority) and the company concerned. If it was not for the ECO we would probably have heard nothing at all from HMRC.

By accepting a Compounding the company has managed to keep the action out of court and thus out of the Public domain. Given the size of the compounding (possibly the largest ever) this may have been something that both thee company and the Government would have wished for.

The rule of thumb is that a court case is not considered unless a licence would have been refused. Add that to the story and the actuality could be very interesting indeed.

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