We reported earlier on the Committee on Foreign Investment in the United States (CFIUS) and its legal and practical authority to review M&A transactions for possible risks to US national security posed by foreign ownership of...more
The Committee on Foreign Investment in the United States (CFIUS, commonly pronounced “syphius”) reviews M&A transactions that may pose a risk to national security through foreign control of a US business. (See our recent...more
The Obama Administration made significant new regulatory changes to allow certain investment opportunities in the Cuban health care and biotech industries. While many barriers remain, US firms in the health care industry...more
The Impact of The EU General Data Protection Regulation -
The EU General Data Protection Regulation 2016/679 (GDPR) was published in the Official Journal of the European Union on 4 May 2016 following the compromise...more
8/31/2016
/ Acquisitions ,
Antitrust Litigation ,
Carry Forward ,
CFIUS ,
Cross-Border Transactions ,
Data Privacy ,
Data Protection ,
Data Protection Officers (DPOs) ,
EBITDA ,
EU ,
General Data Protection Regulation (GDPR) ,
Interest Income ,
life ,
Life Sciences ,
Mergers ,
Oil & Gas ,
Outsourcing ,
Personal Data ,
Publicly-Traded Companies ,
Tax Code ,
Tax Deductions ,
UK ,
UK Brexit
In Depth -
US research hospitals and other research institutions that import scientific instruments should take advantage of a US customs procedure that allows foreign instruments to enter duty-free if imported by such...more
Overview of US and EU Trade Sanctions -
Following is a summary of the current US and EU sanctions that restrict trade with and/or investment in certain countries, “Specially Designated Nationals” (SDNs) and “Blocked...more
5/11/2016
/ Blocked Person ,
Bureau of Industry and Security (BIS) ,
Burma ,
Cuba ,
EU ,
Export Administration Regulations (EAR) ,
General Licenses ,
Iran ,
Iraq ,
Libya ,
Licenses ,
North Korea ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Sanctions ,
SDN List ,
Sudan ,
Syria ,
U.S. Commerce Department ,
Ukraine ,
Venezuela
On January 25, 2016, the US Treasury Department’s Office of Foreign Assets Control (OFAC) and the US Commerce Department's Bureau of Industry and Security (BIS) announced new changes to existing US sanctions on Cuba,...more
1/29/2016
/ Barack Obama ,
Bureau of Industry and Security (BIS) ,
Corporate Counsel ,
Cuba ,
Cuban Assets Control Regulations (CACR) ,
Embargo ,
Export Administration Regulations (EAR) ,
International Travel ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
U.S. Treasury
As widely reported, Saturday, January 16 was “Implementation Day” under the Joint Comprehensive Plan of Action (JCPOA), agreed to on July 14, 2015, by the P5+1 (China, France, Germany, Russia, the United Kingdom and the...more
The Joint Comprehensive Plan of Action (JCPOA) -
On July 14, 2015, following two years of negotiations, China, France, Germany, Russia, the United Kingdom, the United States and the European Union (referred to as P5+1 or...more
In This Issue:
- Distinguishing Between Captive Insurance and Related Party Derivatives: Chief Counsel Advice Memorandum 201511021
- Achieving Tax-Free ‘Rollover’ Treatment for Certain Shareholders in Acquisition of...more
On May 5, 2015, the Internal Revenue Service (IRS) issued two long-awaited rulings, Rev. Rul. 2015-09 and Rev. Rul. 2015-10, that should ease the lives of corporate tax planners. Each ruling addressed an increasingly common...more
As widely reported, the United States, China, France, Germany, Russia and the United Kingdom (the P5+1), coordinated by the European Union’s High Representative, reached a Framework Agreement with Iran on April 2, 2015,...more
As widely reported, President Obama announced on December 17, 2014, significant changes to U.S. policy relating to Cuba. The broad policy revisions include the following...more
In This Issue:
- Features
..Investors in Africa Benefit from Regional Trading Blocs
..Understanding the COMESA Merger Control Regime
..Protecting Your UK Business Against Departing...more
9/17/2014
/ Africa ,
Brand ,
China ,
Coal ,
COMESA ,
Cross-Border ,
Environmental Policies ,
Metals ,
Mining ,
Multinationals ,
Natural Resources ,
Private Equity ,
Trademarks ,
UK
On July 16, 2014, the Obama Administration responded further to developments in Ukraine by imposing another new round of sanctions on Russian, Ukrainian and Crimean parties. Importantly, for the first time, the United States...more
The United States, in coordination with other G-7 nations, announced on Monday, April 28 new sanctions on individuals and entities with ties to the Russian government and President Putin. The newly announced sanctions build...more
For any companies with interests in Russia or Ukraine, the events of the past several weeks and sanctions imposed by the United States, the European Union (EU), Switzerland, Canada and others may impact their business. ...more
Today, March 6, 2014, the European Union (EU) published a regulation imposing sanctions on several specific Ukrainian persons, including the former president of Ukraine, Viktor Yanukovych. In addition, today President Obama...more
In Huff Fund Investment Partnership v. CKx, Inc., Civil Action No. 6844-VCG, 2014 WL 545958 (Del. Ch. Feb. 12, 2014) (Glasscock, V.C.), the Delaware Court of Chancery denied a request by respondent CKx, Inc. (“CKx”) to compel...more
The United States and the European Union have begun relieving Iran of some limited sanctions in exchange for Iran’s curtailing its nuclear proliferation activities....more
In September 2013, the EU General Court annulled a series of asset freeze sanctions imposed by the Council of the European Union on a number of Iranian entities and one person. The General Court requires the EU regulators to...more
The U.S. Securities and Exchange Commission (SEC) recently published limited guidance on frequently asked questions relating to the SEC’s new Conflict Mineral Rules, which require U.S. issuers that manufacture or contract to...more
The False Claims Act may furnish a powerful new tool for U.S. producers that believe their foreign competitors are evading antidumping/countervailing duty or other customs duties by misclassifying imports or misrepresenting...more
As a result of several recent actions, developers of solar energy projects may face increased costs. Two cases pending before the World Trade Organization challenge domestic content requirements of solar sector...more
On 18 September 2012, the European Parliament approved a package of proposals that impose on loggers of primary forests, and large companies that extract oil, gas and minerals, a new obligation to provide full details on...more
11/26/2012