Profil
Luciano (Lu) Racco advises businesses from startups to large, multi-national companies in the U.S. and around the world on a wide range of international trade regulations, including sanctions and export controls under the Export Administration Regulations (EAR), Foreign Trade Regulations (FTR), International Traffic in Arms Regulations (ITAR), and Office of Foreign Assets Control (OFAC) regulations. Lu also counsels clients engaged in cross-border transactions on Committee on Foreign Investment in the United States (CFIUS) regulations. He has significant experience with anti-boycott laws, import restrictions related to the use of forced labor in supply chains (including related to Withhold Release Orders (WROs) and the Uyghur Forced Labor Prevention Action (UFLPA)), and anti-corruption laws including the Foreign Corrupt Practices Act (FCPA). His clients include companies is a wide array of industries ranging from aerospace and defense, life sciences , technology, manufacturing, software, quantum computing, and financial services, to nonprofits as well as individuals.
Lu provides trade compliance services including transaction-related due diligence, CFIUS filings, export classification determinations, export license applications, sanctions guidance, and assistance with supply chain compliance and challenges. He conducts internal investigations related to potential violations of international trade regulations and drafts voluntary disclosures to government agencies. Lu responds to inquiries and enforcement actions from government agencies and helps clients design and implement international trade compliance policies and procedures.
Prior to private practice, Lu served as Assistant General Counsel – Global Trade at Raytheon Technologies' Collins Aerospace and Pratt & Whitney divisions. In this role, he led an international trade compliance internal audit program for the 70,000-employee company, developing risk assessments and conducting compliance audits related to sanctions and export control requirements. This in-house experience provides Lu with firsthand knowledge of the challenges companies face when implementing international trade compliance programs and results in practical, business-oriented legal advice.
Lu speaks and writes regularly on international trade matters, and his views on emerging trade issues are frequently sought after by U.S. and international media outlets.
Concentrations
- Export controls (EAR and ITAR)
- Economic sanctions (OFAC)
- Committee on Foreign Investment in the United States (CFIUS)
- Anti-Bribery/Anti-Corruption compliance (FCPA)
- Internal investigations and responses to government enforcement actions involving alleged trade crimes
- Forced labor compliance and enforcement
- Aerospace and Defense
- Space and Satellite regulatory matters
Expertise
Erfahrung
- Assisted a medical device company developing home diagnostic platform for the detection and management of COVID-19 and other infectious diseases with developing comprehensive international trade compliance program.°
- Advised numerous multinational companies on compliance with complex sanctions and export controls imposed on Russia and Belarus.°
- Conducted sanctions investigation for a Fortune 500 information technology services and consulting company concerning potential violations of OFAC sanctions by a newly-acquired subsidiary.°
- Secured CFIUS clearance for a U.S. quantum computing software company in connection with funding obtained from a group of non-U.S. investors.°
- Secured CFIUS clearance for electronics manufacturer, including ITAR-controlled items, in connection with its acquisition by a non-U.S. conglomerate.°
- Helped manufacturer secure release from a WRO in shortest period of time to date.°
- Represented a manufacturer in successfully petitioning CBP to modify a WRO.°
- Conducted comprehensive export classification review for a leading software and services company.°
- Led international trade compliance due diligence for multiple Fortune 500 companies in connection with strategic acquisitions.°
- Served as a core member of the investigation team in one of the largest FCPA investigations in U.S. history.°
- Led the international trade compliance internal audit program for 70,000-employee company.°
- Helped guide United Technologies Corporation through its consent agreement with the Department of State for export controls violations as both outside and in-house counsel.°
°The above representations were handled by Mr. Racco prior to his joining Greenberg Traurig, LLP.
- Assistant General Counsel, Collins Aerospace, Raytheon Technologies Corporation, 2016-2020
- Assistant Counsel – International Trade Compliance, Pratt & Whitney, United Technologies Corporation, 2013-2016
Anerkennung durch den Markt
- Recipient, Political Asylum / Immigration Project (PAIR), “Outstanding Service Award,” for work securing asylum for Afghan families, 2025
- Listed, JD Supra, “Readers’ Choice Awards,” 2023-2024
- Recipient, Washington Lawyers’ Committee for Civil Rights and Urban Affairs, “Outstanding Achievement Award,” for landmark settlement with the State of Virginia concerning accommodations for deaf inmates in its prisons, 2012
- Member, District of Columbia Bar Association, 2009-Present
- Member, Holy Cross Lawyers Association, 2006- Present
- Member, Board of Directors, 2014- Present
- Member, Society for International Affairs
Ausbildung
- J.D., Vanderbilt University Law School
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B.A., with College Honors, College of the Holy Cross
- Phi Beta Kappa
- Connecticut
- District of Columbia
- New York
- Italienisch