Buying DDP – Understanding and Managing the Compliance Risks

 Buying DDP – Understanding and Managing the Compliance Risks

APPROVED FOR 1 CCS/MCS/CES/MES CREDIT

Presented by

Erik D. Smithweiss, Partner

Companies often purchase DDP to avoid the expense and liability of being importer of record. The reality is that problems can arise with the IOR’s “right to make entry” or the admissibility of goods. DDP buyers can also be liable for penalties and duties in certain situations under 19 USC 1592 and the False Claims Act, even though they were not the importer of record. This webinar will identify the risks and ways to mitigate them.

Erik D. Smithweiss, Partner
Erik Smithweiss is a partner resident in the Los Angeles office. Mr. Smithweiss represents clients on issues before U.S. Customs and Border Protection, Department of Commerce, Office of Foreign Assets Control, Food & Drug Administration, Consumer Product Safety Commission and other agencies that regulate the international trade in goods. His practice involves import restrictions, rules of origin, preferential trade agreements, marking and labeling, valuation, tariff classification, antidumping and countervailing duty compliance, trademark and copyright protection, Fish & Wildlife restrictions, and similar matters. Mr. Smithweiss also assists clients with matters pending before customs administrations in other countries and at the World Customs Organization in Brussels.

Mr. Smithweiss’ practice includes export controls and sanction programs administered by various agencies. Mr. Smithweiss represents clients in all areas of customs import/export procedure and administration, such as audits, investigations, penalties, forfeiture proceedings, compliance programs, administrative rulings and litigation.

Mr. Smithweiss is one of several trial attorneys in the firm and appears regularly in matters before the U.S. Court of International Trade, Court of Appeals for the Federal Circuit and federal district courts.

Mr. Smithweiss is an instructor of the customs broker licensing exam preparation course and several other classes conducted by the Foreign Trade Association of Southern California.