Hundreds of American companies may have inadvertently become “foreign persons” for CFIUS purposes, at risk of being caught up in the Trump Administration’s restrictions on foreign investment.
Many people know that the Committee on Foreign Investment in the United States (CFIUS) has broad jurisdiction to review for national security concerns any complete acquisition of a U.S. business by a “foreign person.” Some people also know that CFIUS’s jurisdiction includes investments where a foreign person obtains “control” of the U.S. business…
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