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As noted above, no one has ever successfully filed and collected under that statute. Also, since 2019? What about the previous 60 years?
by Turing_Machine 5y ago
As noted above, no one has ever successfully filed and collected under that statute.
Also, since 2019? What about the previous 60 years?
- sudosysgen 5y agoThe act was signed in 1996 and prosecution was suspended before any suit was over. Lawsuit have started in 2019 which are still ongoing. This law has had a chilling effect ever since it was signed. It's sélective enforcement makes it worse, not better, as it allows the USG to privately threaten entities whenever most convenient. It's not even the only way that secondary sanctions can be exacted. The US can also effect force on foreign corporations by threatening to sanction their US suppliers.