Thaddeus R. McBride
Thad McBride advises public and private companies on the legal considerations essential to successful business operations in a global marketplace. He focuses his practice on counseling clients on compliance with U.S. export regulations (ITAR and EAR), economic sanctions and embargoes, import controls (CBP), and the Foreign Corrupt Practices Act (FCPA). He also advises clients on anti-boycott controls, and assists companies with matters involving the Committee on Foreign Investment in the United States (CFIUS). Thad supports international companies across a range of industries, including aviation, automotive, defense, energy, financial services, manufacturing, medical devices, oilfield services, professional services, research and development, retail, and technology. Beyond advising on day-to-day compliance matters, Thad regularly assists clients in investigations and enforcement actions brought by government agencies, including the U.S. Department of Justice (DOJ), the U.S. Treasury Department Office of Foreign Assets Control (OFAC), the U.S. State Department Directorate of Defense Trade Controls (DDTC), Customs and Border Protection (CBP), the U.S. Commerce Department Bureau of Industry & Security (BIS), and the Securities & Exchange Commission.
Thad’s practice includes:
- International Trade – Counseling and training clients on compliance processes and procedures related to U.S. economic sanctions and embargoes, U.S. export controls, the FCPA and other anti-bribery regulations, U.S. anti-boycott controls, U.S. customs and other import controls, and U.S. anti-money laundering regulations.
- Compliance & Government Investigations – Advising clients on internal investigations and due diligence, as well as representing clients in government investigations and enforcement actions involving issues related to economic sanctions and embargoes, export and import controls, the FCPA and other anti-bribery laws, and anti-boycott regulations.
Representative Experience
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Representation of ShopSabre Holding Company, a LFM Capital portfolio company, in its acquisition of Langmuir Systems, a manufacturer of computer numerical controlled cutting machines and accessories. Terms of the transaction were not disclosed.
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Representation of LFM Capital, a private equity company, in its acquisition of APQS, a manufacturer of long arm quilting machines, and Ballistech, a manufacturer of basketball practice devices, in a single transaction. Term of the transaction were not disclosed.
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Representation of SAI-Med Partners, LLC, an affiliate of Northlane Capital Partners, LLC, in its acquisition of Fulcrum Research Group, LLC, a primary market research company focused exclusively on healthcare. Terms of the transaction were not disclosed.
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Representation of Northlane Capital Partners, a middle market private equity firm, in its acquisition of SAI MedPartners, a leading consultancy providing strategic insights and analytics to the pharmaceutical, biotechnology, and medical device industries. Terms of the transaction were not disclosed.
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Representation of Renaissance Electronics, a provider of active radio frequency and millimeter wave frequency components, sub-systems, and higher-order assemblies and a portfolio company of Gen Cap America in its sale-to AEM, a designer and manufacturer of mission-critical electronic circuit protection components which is backed by Industrial Growth Partners. Terms of the transaction were not disclosed
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Representation of LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, in its sale of Fecon, LLC., a leading manufacturer of heavy-duty forestry mulching equipment and related accessories in North America, to WindJammer Capital investors. Terms of the transaction were not disclosed.
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We represented Helix Sleep, Inc. (Helix) in its sale to Cerberus Capital Management, L.P. (Cerberus), a global leader in alternative investing.
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Representation of Gen Cap America, Inc., a private equity firm focused on lower middle market buyouts, on its acquisition of Lab Products, LLC and Hartford Systems, LLC (together, “Lab Products”) from Avidity Science, LLC. Lab Products is a leading manufacturer providing an extensive line of laboratory research animal housing and care equipment. This transaction marks Gen Cap America’s fourteenth acquisition from its seventh fund.
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Representation of Providence Ventures in a $20 million investment in TailorMed Medical, a leading financial navigation software platform. Providence Ventures led the financing round and was joined by new investors UnityPoint Health Ventures, Almeda Ventures, Bridges Israel and Discount Capital with participation from existing investors Accelmed, Sanara Ventures and Triventures.
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Representation of LFM Capital’s portfolio company, J&E Precision Tool, in its acquisition of Beranek, LLC, a precision manufacturer of technical components for the aerospace & defense, and space exploration markets
Publications
Upcoming Events
Past Events
Media Mentions & Firm News
Additional News & Insights
Articles
- “How to Conduct Due Diligence with the FCPA in Mind,” Corporate Counsel (November 3, 2014)
- “Russia Sanctions: Iran Déjà Vu or Jamais Vu?,” The Metropolitan Corporate Counsel (April 21, 2014)
- “FCPA Overreach? Courts Address Personal Jurisdiction In Cases Against Foreign Defendants,” The Metropolitan Corporate Counsel (May 2013)
- “U.S. Sanctions on Iran: An Update,” World Export Control Review (March 2013)
- “What Every Canadian Business that Exports Can No Longer Afford to Ignore: Canadian and U.S. Export Control Law Compliance,” Bloomberg BNA International Trade Reporter (January 24, 2013)
Media Mentions
- “Peregrine’s Acquisition by Murata Unlikely to Generate CFIUS Static,” PaRR Global (August 29, 2014)
- “U.S. Agents Start Hunting for Sanctioned Russians’ ‘Shiny Toys’,” Bloomberg News (May 14, 2014)
- “New SEC Iran Sanctions Requirements to Ensnare Non-US Firms,” PaRR Global (March 26, 2013)
- “AT&T’s Iran Link via America Movil Unlikely to Violate OFAC Regulations,” PaRR Global (March 6, 2013)
- “Supply Chain Concerns Rejected in CFIUS Review of A123,” Financial Times (February 12, 2013)
- “A123/Wanxiang: CFIUS Mitigation Labeled a ‘Technical Fiction’ by Advocacy Group,” Policy and Regulatory Report (January 14, 2013)
- “Anti-Bribery Bible: Experts Offer Advice for Making the Most of the FCPA Guidelines,” InsideCounsel Magazine (January 1, 2013)
Speaking Engagements
- “How to Minimize Facilitation Risks Stemming from Related Parties, Foreign Affiliates, Joint Ventures and Subsidiaries,” ACI’s 5th Annual Economic Sanctions Boot Camp (December 4, 2014)
- “Mergers & Acquisitions Under the FCPA: Adequately Addressing Due Diligence,” Convercent Webinar (November 5, 2014)
- “Brazil’s New Anti-Corruption Law: Compliance and Enforcement Trends,” Strafford Publications Webinar (October 21, 2014)
- “International Encryption Control: Navigating Differing Regulations and Exceptions,” Strafford Publications Webinar (August 19, 2014)
- “Trade Controls Due Diligence: When, Where, and How to Review Business Partners and Transactions,” Momentum Events Webinar (June 26, 2014)
- “Doing Business in India: Anti-Corruption Best Practices,” Momentum Events Webinar (May 29, 2014)
- “U.S. Sanctions on Russia: What is Prohibited and How to Comply,” Momentum Events Webinar (May 8, 2014)
- “Export Controls and Cloud Computing: Complying with ITAR, EAR and Sanctions Laws,” Strafford Publications Webinar (April 23, 2014)
- “FCPA Risk Exposure in Your Compliance Program? An Inside Out Examination of the Gaps and Pitfalls That May Be Lurking in Your Compliance Program,” Momentum Event’s 2nd Annual Global Anti-Corruption Congress (March 21, 2014)
- “Latest Iran Sanctions: Leveraging New Opportunities While Meeting Strict, Rapidly Changing Requirements,” Strafford Publications Webinar (March 19, 2014)
- “Complying with ITAR Requirements Amid Increased Enforcement,” Strafford Publications Webinar (February 5, 2014)
- “Brazil’s New Anti-Corruption Law: FCPA Compliance is No Longer Enough,” Strafford Publications Webinar (December 12, 2013)
- “The Fundamentals of Complying with U.S. Sanctions Against Iran: An In-Depth Review of the Most Significant Restrictions, Case Law, Prosecutions and Settlements Affecting U.S. and Foreign Entities,” Pre-Boot Camp Working Group at American Conference Institute’s 4th Economic Sanctions Boot Camp (December 3, 2013)
- “Brazil’s New Anti-Corruption Law: Overview and Analysis,” Practising Law Institute (November 12, 2013)
- “Latest OFAC Sanctions on Syria, Iran and Burma,” Strafford Publications Webinar (November 6, 2013)
- “FCPA Compliance in Latin America,” Practising Law Institute Webinar (August 1, 2013)
- “ITAR and EAR Compliance Review and Investigations – Conducting Internal Audits and Evaluating Whether to Disclose Potential Violations to Mitigate Penalties,” Strafford Publications Webinar (June 26, 2013)
- “Lost in the Clouds: How Do You Control the Export of Data to Anywhere When It’s Stored Everywhere?” Moderator, ABA Section of International Law 2013 Spring Meeting (April 24, 2013)
- “Export Controls and Cloud Computing: Legal Risks – Complying with ITAR, EAR and Sanctions Laws When Using Cloud Storage and Services,” Strafford Publications Webinar (April 2, 2013)
- “Complying with ITAR Requirements Amid Increased Enforcement,” Strafford Publications Webinar (February 19, 2013)
- “Vetting Third Parties for Export Control Risks,” American Conference Institute (January 22, 2013)
Accolades
Chambers USA — Nationwide: International Trade: Export Controls & Economic Sanctions (2013-2022); Global: International Trade: Export Controls & Economic Sanctions (2016)
Client Choice Award — International Trade (2019)
Washington, D.C. Super Lawyers (2014-2022)
Previous Experience
Representative Experience:
Economic Sanctions
- Supported non-U.S. manufacturer in preparing and submitting disclosure to OFAC related to Iran sanctions violation
- Counseled multinational manufacturer on conducting business with restricted parties in Russia
- Advised multinational financial institution in investigation and settlement of OFAC enforcement matter
- Counseled multinational defense contractor in investigating possible sanctions violations caused by a third party representative
- Assisted non-U.S. offshore drilling company conduct internal investigation of potential U.S. sanctions violations, including preparing a voluntary disclosure to OFAC
- Advised U.S. medical devices company on obtaining OFAC licenses for exports to Iran under the Ag-Med program
- Assisted U.S. financial services company understand and address sanctions compliance issues related to overseas lease of U.S. aircraft
- Counseled U.S. oilfield services company on compliance with U.S. sanctions on Burma (Myanmar)
- Represented U.S. research university in submitting voluntary disclosure to OFAC related to Cuba travel
- Counseled U.S. pharmaceutical company in investigation and disclosure to OFAC of possible sanctions violations
- Advised non-U.S. aviation company on U.S. sanctions implications of conducting business in Cuba
Export Controls
- Represented U.S. defense contractor in conducting internal investigation and making voluntary disclosure of export violation to U.S. State Department Directorate of Defense Trade Controls (DDTC)
- Counseled U.S. oilfield services company on U.S. export law issues related to offshore drilling rigs
- Advised automobile manufacturer on export compliance, including developing and presenting comprehensive compliance training to company’s U.S. and non-U.S. personnel
- Represented U.S. manufacturer in responding to and negotiating penalties in BIS enforcement matter
- Advised U.S. research university on technology and deemed export issues related to non-U.S. students and faculty
- Counseled U.S. defense contractor in internal review and revision of export compliance policies
- Assisted multinational manufacturer understand and comply with technology export issues under EAR and develop compliance provisions for master services agreements
- Developed risk-based approach to export compliance review for U.S. defense contractor
FCPA and Anti-bribery
- Represented U.S. medical devices company in investigation by U.S. Justice Department (DOJ) and Securities and Exchange Commission (SEC)
- Advised non-U.S. infrastructure company in connection with World Bank debarment matter
- Created detailed, risk-based compliance matrix for multinational manufacturer to use to determine audit location and priorities
- Counseled U.S. defense contractor in internal investigation of alleged corruption in company’s office in Middle East
- Advised oilfield services company on FCPA compliance due diligence related to acquisition of non-U.S. company in West Africa
- Assisted U.S. logistics company conduct internal review of corruption compliance issues in company’s Asia operations
- Counseled U.S. healthcare company on developing comprehensive anti-corruption compliance policy and procedures
- Developed anti-corruption compliance processes and procedures for multinational financial institution
- Delivered anti-corruption compliance training to employees and officers of multinational manufacturing company
Customs
- Advised multinational manufacturing company in investigation and disclosure of Customs violations
- Counseled U.S. technology company on country of origin classification matter
- Supported high-profile U.S. private equity group in Customs due diligence prior to significant investment
- Assisted well-known U.S. security company on understanding and applying China tariff rules
CFIUS
- Represented publicly traded Hong Kong entity in making CFIUS submissions in connection with acquisition of interests in U.S. natural resources
- Counseled Chinese acquirer of U.S. technology assets throughout CFIUS process, including meeting with the Committee and preparing filing draft and final notices
- Advised publicly-traded Canadian company on CFIUS implications of U.S. acquisition of defense contractor
- Assisted Asian acquirer of U.S. energy interests understand and navigate CFIUS process and follow-up steps necessary to comply with CFIUS conditions
Anti-boycott
- Advised U.S. construction services firm on preparing and submitting voluntary disclosure to U.S. Commerce Department, Office of Anti-boycott Compliance (OAC)
- Helped major U.S. manufacturer understand and respond to potential boycott requests in letters of credit from Gulf States
- Assisted financial services company understand and comply with U.S. anti-boycott obligations
- Counseled U.S. oilfield services company on conducting internal review of compliance with U.S. anti-boycott law
- Represented non-U.S. manufacturer develop anti-boycott compliance policies and training in reviewing and responding to potential boycott requests
Education
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Boston College Law School - J.D., 2000
cum laude
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Princeton University - B.A., 1995
Admissions
- District of Columbia, 2001
Chambers USA
"Thaddeus McBride assists clients with issues around ITAR and EAR, among other matters. He regularly works with technology and financial services clients. 'Thaddeus McBride is a pleasure to work with. He has a deep understanding of our business and is responsive to our needs, even when matters pop up unexpectedly.' 'He is knowledgeable in many areas.' 'He is extremely responsive and attentive.'"
From Chambers USA 2022
GovCon & Trade Blog
