News & Analysis as of

Foreign Investment Pending Legislation

Stikeman Elliott LLP

Passage of Bill C-34: An Overhaul of Canada’s Foreign Direct Investment Regime

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With the passage through Parliament of Bill C-34 on March 22, 2024, long contemplated changes to Canada’s foreign investment review regime are set to dramatically overhaul Canada’s FDI framework. ...more

BCLP

Banking Bites - October 2022

BCLP on

Welcome to Banking Bites! This is our short summary flagging some key developments in your sector that we hope will inform your activities in your market....more

Torres Trade Law, PLLC

Congress Contemplates Committee to Review Outbound Investment

Torres Trade Law, PLLC on

On February 4, 2022, the House of Representatives passed the National Critical Capabilities Defense Act of 2021 (“NCCDA”) as part of the much larger America Creating Opportunities for Manufacturing, Pre-Eminence in...more

Dechert LLP

Economic Crime Act tears through Parliament, but does it have any teeth?

Dechert LLP on

In the early hours of 15 March 2022, following a wait of almost five years, the UK Parliament introduced into law the Economic Crime (Transparency and Enforcement) Act (the "Act"). The Act was fast-tracked at an...more

A&O Shearman

Significant Developments in Chile’s Natural Resource Sector

A&O Shearman on

Over the last year, several Latin American countries, including Chile, Peru, and Mexico, have discussed various measures that, if adopted, could materially affect the mining, energy and natural resource sectors. ...more

Dorsey & Whitney LLP

UK To Adopt New Powers Over M&A Activity To Protect National Security

Dorsey & Whitney LLP on

Draft legislation, which is currently being debated in the UK Parliament, will introduce a new regime granting the UK Secretary of State robust powers to review, vary or block acquisitions which may pose a risk to the...more

Holland & Knight LLP

Mexico's Congress to Vote on Electricity Reform Bill

Holland & Knight LLP on

The Mexican government has introduced a bill that seeks to reform the electricity market in Mexico in order to favor the Federal Electricity Commission (Comisión Federal de Electricidad o CFE), the state-owned utility...more

BCLP

UK National Security & Investment Bill - the Potential Ramifications for Real Estate Transactions

BCLP on

The new National Security and Investment Bill, which aims to provide the Government with the necessary powers to scrutinise and intervene in business transactions to protect national security, will introduce a mandatory...more

White & Case LLP

PACTE Act (action plan for the growth and transformation of companies): the main changes made in terms of M&A/Corporate

White & Case LLP on

Presented as a flagship measure of economic reform during the five-year period, the law on growth and business transformation, known as the PACTE Act, was finally adopted by the Parliament on April 11, 2019. The...more

Orrick, Herrington & Sutcliffe LLP

Ten Key Points About CFIUS And Export Control Reform

Congress has agreed upon two pieces of legislation soon to be signed by the President that will provide for a major expansion in the (i) screening by the Committee on Foreign Investment in the United States ("CFIUS") of...more

Hogan Lovells

CFIUS legislation takes final form, moves closer to president’s desk

Hogan Lovells on

Congress has moved closer to expanding the jurisdiction and powers of the Committee on Foreign Investment in the United States (CFIUS), the U.S. interagency committee that conducts national security reviews of foreign...more

Sheppard Mullin Richter & Hampton LLP

Reform of Foreign Investment in the U.S.: France and Other Allied Countries Might be Exempt

The U.S. House of Representatives passed a bill on Tuesday, July 10, expanding and increasing the powers of the Committee on Foreign Investment in the United States (CFIUS). The bill is called the Foreign Investment Risk...more

Hogan Lovells

CFIUS reform clears another hurdle – legislation could be on President’s desk by August

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Driven by concerns of China’s acquisition of advanced U.S. technologies, the U.S. Congress is set to enact the most significant reform to the Committee on Foreign Investment in the United States (CFIUS) in over a decade....more

Dechert LLP

Senate Passes Substantial Changes to CFIUS and Votes to Re-Impose Sanctions on ZTE

Dechert LLP on

While the rules regarding CFIUS review have remained largely unchanged over the past decade, CFIUS has operated under a new paradigm in recent years. After the U.S. government blocked just two transactions from its inception...more

Hogan Lovells

Dispute resolution relief imminent for the African continent

Hogan Lovells on

On 21 April 2017, the International Arbitration Bill (the Bill) was tabled in the South African Parliament for discussion. The Bill is intended to incorporate the Model Law of the United Nations Commission on International...more

Goodwin

Congress Proposes Legislation Which Would Eliminate REIT Tax-Free Spin-Offs; Provision Would Also Fund FIRPTA Relief

Goodwin on

In our December 3, 2015 REIT Alert we suggested that the Prop Co/Op Co structure implemented by a tax-free REIT spin-off may not be dead. On December 7, 2015 House Ways and Means Committee Chairman, Kevin Brady (R-TX)...more

Goulston & Storrs PC

Senate Finance Committee Proposes FIRPTA Reform

Goulston & Storrs PC on

Today was an important step in moving forward US tax reforms to encourage international investment in U.S. real estate.  The Senate Finance Committee passed 17 different tax bills for consideration by the entire Senate.  ...more

Morgan Lewis

New Senate Bill Significantly Expands U.S. Sanctions Against Russia

Morgan Lewis on

The bill, if passed, would impose severe sanctions on “foreign persons” that make significant investments in Russian crude oil projects....more

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