By Maya Lester KC & Michael O’Kane

US software company potentially breaches US sanctions on Iran

Altair Engineering, a US software company, has disclosed that it  is investigating a potential breach of US sanctions on Iran. According to the company’s Form 8-K  (a document publicly-filed with the SEC to notify investors of significant events), an unaffiliated third-party consultant in Poland may have disclosed proprietary software, that was “purely commercial in nature” to an Iranian individual subcontractor…...

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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