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Foreign Governments Corporate Counsel

Paul Hastings LLP

The UK Launches Its Own ‘FARA’: What Companies Need to Know About the New Foreign Influence Registration Scheme

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On July 1, 2025, the United Kingdom’s new Foreign Influence Registration Scheme (FIRS) will formally take effect, creating sweeping registration obligations under U.K. law for persons engaging in certain activities on behalf...more

Wiley Rein LLP

Criminal Indictment Handed Down for Potential FARA Violations Related to 1MDB Scandal

Wiley Rein LLP on

On June 10, 2021, a federal grand jury in the District of Columbia issued an indictment of American entertainer and businessman Prakazrel “Pras” Michel and Malaysian businessman Low Taek Jho on 12 counts, including four for...more

Proskauer Rose LLP

Treasury Issues Final CFIUS Rules Implementing FIRRMA: Updates to the Proposed Rules and Where FIRRMA Landed

Proskauer Rose LLP on

On January 13, 2020, the U.S. Department of Treasury issued final regulations (the "Final Rules") that implement most of the Foreign Investment Risk Review Modernization Act of 2018 ("FIRRMA"). While the Final Rules provide...more

White & Case LLP

CFIUS Finalizes New FIRRMA Regulations

White & Case LLP on

Nearly a year and a half after the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) was enacted, authorizing the most substantial overhaul of the Committee on Foreign Investment in the United States (CFIUS)...more

King & Spalding

Deepfakes, Artificial Intelligence, and Corporate Espionage

King & Spalding on

This is the third alert in our series on the risks to corporations, including financial services firms, posed by “deepfakes”—a type of technology, powered by artificial intelligence and machine learning, that can be used to...more

Wilson Sonsini Goodrich & Rosati

CFIUS Past, Present, and Future: A 2018 CFIUS Carol

CFIUS Past, Present, and Future: A 2018 CFIUS Carol - The year 2018 was a turning point in the history of the Committee on Foreign Investment in the United States (CFIUS). CFIUS’s change in direction in 2017 suggested that a...more

Proskauer - Corporate Defense and Disputes

Supreme Court Rules That Federal Courts Are Not Bound to Give Conclusive Effect to Foreign Governments’ Statements About Their...

The Supreme Court ruled today that, when a foreign government presents a formal submission to a federal court about the content of the government’s own laws, the court should accord “respectful consideration” to the...more

WilmerHale

Congress Enacts Law Clarifying Reach of Warrants for Overseas Data

WilmerHale on

On Friday, March 23, President Trump signed into law the Clarifying Lawful Overseas Use of Data Act (CLOUD Act), which amends the Stored Communications Act (SCA), 18 U.S.C. § 2701, et seq., to require providers of electronic...more

Kelley Drye & Warren LLP

Increased Focus on FARA Registrations Is Likely – What Businesses Need to Know

A once-overlooked federal criminal law, the Foreign Agents Registration Act (“FARA”), is now at the top of the news. Enacted in 1938 to control Nazi propaganda, FARA requires U.S. firms that represent foreign entities to...more

Proskauer - Corporate Defense and Disputes

International Comity and Deference: A Foreign Government with Final Say When Interpreting its Own Laws

On Tuesday, the Second Circuit in In Re Vitamin C Antitrust Litigation vacated a $147 million award against two Chinese companies for engaging in anti-competitive behavior. At issue was how a federal court should respond...more

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