When it comes to critical infrastructure such as electricity, water treatment, internet connectivity, and hazardous waste management, many fear that foreign governments may find ways to infiltrate those systems. To...more
The Lone Star Infrastructure Protection Act (LIPA), a new Texas law that went into effect June 2021, prohibits Texas businesses and governments from contracting with entities owned or controlled by individuals from China,...more
1/12/2022
/ CFIUS ,
China ,
Critical Infrastructure Sectors ,
Cybersecurity ,
Due Diligence ,
Electricity ,
Energy Sector ,
Foreign Adversaries ,
Power Grid ,
Public Comment ,
Regulatory Requirements ,
Russia ,
Sanctions ,
Texas
As discussed in the initial article on the new CFIUS regulations, there are two important exceptions from coverage that need to be evaluated in determining what, if any, steps need to be taken to ensure compliance with the...more
Growing concern about foreign surveillance and intelligence gathering led Congress to provide CFIUS with authority to review real estate transactions by foreign parties when it passed FIRRMA... Prior to FIRRMA, CFIUS began to...more
The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee that reviews mergers, acquisitions, and takeovers by foreign persons of U.S. companies and assets that have the potential to pose...more
2/19/2020
/ CFIUS ,
Covered Transactions ,
Critical Infrastructure Sectors ,
Cross-Border Transactions ,
Disclosure Requirements ,
Emerging Technology Companies ,
Exceptions ,
Export Controls ,
Filing Requirements ,
FIRRMA ,
Foreign Investment ,
Investors ,
Jurisdiction ,
National Security ,
New Amendments ,
New Rules ,
Real Estate Transactions
Clients selling assets or interests to a foreign buyer and foreign buyers of U.S. assets or U.S. entities may feel the impact of new mandatory Committee on Foreign Investment in the United States (CFIUS) disclosures or notice...more
10/12/2018
/ Aircraft Equipment ,
Bureau of Industry and Security (BIS) ,
CFIUS ,
Chemicals ,
Commerce Control List ,
Critical Infrastructure Sectors ,
Export Administration Regulations (EAR) ,
Final Rules ,
FIRRMA ,
Foreign Acquisitions ,
Foreign Investment ,
Interim Rule ,
Mandatory Disclosure Rules ,
NAICS ,
Non-Controlling Interests ,
Passive Investments ,
Petrochemicals ,
Sellers ,
Technology Sector ,
Telecommunications
Is your business owned, directly or indirectly, 10 percent or more by a foreign party? Does your business own, directly or indirectly, 10 percent or more of a foreign party?
If so, your business may have the legal...more
In recent years, corporations in the United States and around the world have seen record levels of enforcement of the Foreign Corrupt Practices Act ("FCPA"), resulting in billions of dollars of civil judgments and numerous...more