New York, NY, December 10, 2011 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled “ITAR for Government Contractors.” This two-hour event is scheduled on Thursday, February 2, 2012 from 12:00pm - 2:00pm (ET).
ITAR has become a major issue for government contractors. In recent years the US Government has been increasing enforcement of this important area of regulation. While the ITAR is part of the US export control laws, it also applies to activities beyond exports and applies to many US companies in their domestic business activities. This is especially a problem for government contractors firms that do a lot of work in domestic contracts - while companies in the defense area are familiar with this, many firms that perform domestic contracts for US government agencies are subject to ITAR requirements.
Executives of many of these companies are hearing that they may be subject to these regulations but they are not sure where to go to learn more. This is a highly technical area of the law and many US law firms do not have substantial expertise in this area. Many of the major government contractors - technical services, information technology, military training - are struggling with this. This is at all levels - large, medium and smaller firms.
The stakes are high - in one recent enforcement case ITT received $128,000,000 in combined criminal and civil penalties, and in the most recent case BAE Systems received an astonishing $400,000,000 criminal penalty from a US District Court judge in the Distinct of Columbia.
The program is designed to provide corporate counsel, outside attorneys, Directors & Officers a clear overview of this area of the law - to help them determine if they are regulated under ITAR and if so, to learn the fundamental principles of these regulations.
Thomas McVey, Esq.
Chair, International Practice Group
For an updated list of the faculty panel, please visit:
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: www.knowledgecongress.org.