The Foreign Investment Risk Review Modernization Act of 2018 (“FIRRMAâ€), just signed into law as part of the John McCain National Defense Authorization Act of 2018 (“NDAAâ€), will change significantly the way in which the Committee on Foreign Investment in…
Late yesterday, the White House issued an order forbidding Broadcom from continuing with its efforts to takeover Qualcomm. The surprise move by the White House seems to have been designed to prevent Broadcom from playing its, er, trump card by…
On November 8, 2017, the House and Senate introduced the Foreign Investment Risk Review Modernization Act of 2017 (FIRRMA) proposing the first amendments to the CFIUS process since the Foreign Investment and National Security Act was passed in 2007. Although…
Chinese telecom handset and equipment manufacturer Huawei has been forced by the Pentagon to seek retroactive approval from the Committee on Foreign Investment in the United States (“CFIUS”) for its $2 million acquisition of some of the assets of 3Leaf…