NODE 0e2e1673Re: export restictions and investments
Rich Salz <rsalz@opengroup.org>Wed, 19 Nov 1997 12:15:46 +0800
>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$
NODE da43d8b8Re: export restictions and investments
Steve Schear <schear@lvdi.net>Sat, 22 Nov 1997 11:15:34 +0800
At 10:59 PM -0500 11/18/1997, Rich Salz wrote:
>>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.
Does that equally apply to foreign corporations owned partially or fully by U.S. citizens, as is the case I believe for C2's Anguillan corporation?
--Steve
NODE 7d504adfRe: export restictions and investments
sameer <sameer@c2.net>Thu, 20 Nov 1997 02:23:20 +0800
>
> Are you really sure that they bought it all? That would go against what
I am pretty sure that they have only a 10% stake in Elvis+.
--
Sameer Parekh Voice: 510-986-8770
President FAX: 510-986-8777
C2Net
http://www.c2.net/ sameer@c2.net
NODE c5b783c6Re: export restictions and investments
Jyri Kaljundi <jk@stallion.ee>Sat, 22 Nov 1997 11:42:33 +0800
On Wed, 19 Nov 1997, sameer wrote:
> > Are you really sure that they bought it all? That would go against what
>
> I am pretty sure that they have only a 10% stake in Elvis+.
Yes this is the case, Sun owns 10% of Elvis+ (a Russian company). Besides
that there is Russia Communications Research, Inc. (a California
corporation), which seems to be the sales part of Elvis+. Anyway the
question was about if an US company can invest in a crypto company, and
the answer was yes. Percentages are not so important. And sorry for saying
"Sun bought Elvis+".
Jyri Kaljundi
jk@stallion.ee
AS Stallion Ltd
http://www.stallion.ee/
NODE e969e204Re: export restictions and investments
"Mikhail A. Sokolov" <mishania@demos.su>Thu, 20 Nov 1997 02:25:33 +0800
On Tue, Nov 18, 1997 at 10:59:00PM -0500, Rich Salz wrote:
# >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
They didn't.
# /r$
--
-mishania
NODE 7c1d0235Re: export restictions and investments
Joichi Ito <jito@eccosys.com>Thu, 20 Nov 1997 08:17:34 +0800
At 15:01 97/11/19 -0800, via RadioMail wrote:
> when i left the program, years ago, it was 10%.
>
> i do not know if something else was done later.
>
> ----- Original Message
>
> Date: 20 Nov 97 07:50 +0900
> From: Joichi Ito <jito@eccosys.com>
> Subject: ELVIS+
> To: Jeff Rulifson <jeffr@Eng.Sun.COM>
>
> Jeff,
>
> what % share of ELVIS+ does Sun own?
>
> - Joi
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