On May 13, 2024, President Biden issued an order (the “Order”) prohibiting the purchase and requiring the divestment of certain real estate operated as a cryptocurrency mining facility located within one mile of Francis E....more
On May 21, 2020, the Treasury Department published a Proposed Rule that would alter the Committee on Foreign Investment in the United States (“CFIUS”) regulations at 31 C.F.R. Part 800 in two important respects. First, the...more
In August 2018, President Trump signed into law the Foreign Investment Risk Review Modernization Act (“FIRRMA”), which substantially expanded the power of the Committee on Foreign Investment in the United States (“CFIUS” or...more
The coronavirus outbreak has hindered many operations of the federal government, including the US review of mergers and acquisitions for potential national security threats. Due to a work-at-home work force and scarce...more
On September 24, 2019, the U.S. Department of the Treasury (“Treasury”) proposed regulations to expand considerably the scope of transactions subject to review by the Committee on Foreign Investment in the United States...more
On April 12, 2019, the Committee on Foreign Investment in the United States (“CFIUS”) posted a notice on its resources website page with little fanfare announcing the imposition of a civil fine on an unnamed party for...more