Eric R McClafferty

Experience

Eric focuses his practice on counseling, compliance programs, internal investigations, and enforcement matters related to economic sanctions and denied parties; export controls; the Foreign Corrupt Practices Act (FCPA); customs, reviews, and investigations before the Committee on Foreign Investment in the United States (CFIUS); and antidumping and countervailing duties.

Eric guides senior company officers and compliance personnel involved in international transactions through the restrictions imposed by evolving U.S. economic sanctions and other rules administered by the Department of Treasury’s Office of Foreign Assets Control (OFAC). He is dedicated to ensuring his client’s transactions are properly screened to exclude the involvement of the various types of denied parties under U.S. law.

With comprehensive risk assessment and internal reviews as a foundation, Eric has helped hundreds of large and small companies (and their foreign subsidiaries and joint ventures) establish compliance programs that reduce the risk of potential violations connected to U.S. sanctions.

Additionally, Eric advises on export licensing and classification; performs due diligence export compliance reviews; establishes company and product-specific compliance and training programs for product, software, and technology exports; and guides clients through export enforcement investigations and penalty negotiations related to exports of military, dual-use, and nuclear items.

Eric’s clients include exporters of industrial, aerospace, high-technology, and agricultural products and technology, such as chemicals, chemical processing equipment, pharmaceuticals, software, electronics, unmanned vehicles, and military items, including aircraft and related components, computers, satellite software and components, semiconductors, nuclear power plant components, and specialty metals, powders, and alloys.