[1867] in cryptography@c2.net mail archive
Re: export restictions and investments
daemon@ATHENA.MIT.EDU (Rich Salz)
Wed Nov 19 12:22:51 1997
Date: Tue, 18 Nov 1997 22:59:00 -0500 (EST)
From: Rich Salz <rsalz@opengroup.org>
To: jk@stallion.ee, whgiii@invweb.net
Cc: cryptography@c2.net, cypherpunks@toad.com
>How do the US export restrictions affect investments into non-US crypto
>companies? Is it legal for US private persons or companies to invest
>money into companies developing strong crypto applications for example in
>Europe?
We got an official legal opinion, which was that wholly-owned subsidiaries
of US entities are subject to US regulations in this area.
>Since Sun bought the Russian Elvis+ company
Are you really sure that they bought it all? That would go against what
we had been told, and I have a great deal of respect for the legal/crypto
expertise of "Barry an Jay" at the Washington, DC, law office of Hale & Dorr.
/r$
