Rico Falsone

FBI Compliance Certified, 2016 FBI Award for Excellence in Cyber, 2015 Intelligence Community Legal Team of the Year, 2013 Represent high-net-worth individuals and entities in administrative proceedings seeking removal from the U.S. Department of the Treasury’s Specially Designated Nationals and Blocked Persons List. Representing a European agricultural company and its U.S. affiliate in an investigation and voluntary self-disclosure to OFAC involving the restructuring of operations in Russia and potential blocked-person ownership issues affecting the distribution of agricultural products. Representing an Asian telecommunications and internet services provider in seeking OFAC and BIS licenses to upgrade and operate capacity on an undersea cable system. Representing a Türkiye-based aviation and concierge company in seeking OFAC licenses to complete transactions involving blocked luxury assets. Representing a U.S. defense technology company and foreign investors in a CFIUS transaction review and related enforcement proceeding arising from an alleged failure to make a mandatory filing before closing. Advising a U.S. defense technology company on restructuring its ownership and governance before a CFIUS filing, including proposing and drafting an amended operating agreement designed to mitigate foreign ownership, control, or influence, protect sensitive technology, and preserve eligibility for U.S. government contracts. Advising a Chinese industrial manufacturer and its U.S. affiliate concerning potential designation as a “Chinese military company” operating in the United States under Section 1260H of the National Defense Authorization Act (NDAA) of 2021. Advising a U.S.-based marketing and website-services company on the legal and commercial consequences of providing ordinary technology services to a customer designated as a Chinese military company operating in the United States under Section 1260H. Advising a European aviation company on potential BIS enforcement exposure under the EAR arising from aircraft operations involving Russia following the emergency expansion of U.S. export controls in 2022.