Committee on Foreign Investment in the United States (CFIUS)
Overview
For foreign companies investing in the United States, as well as for the U.S.-based businesses that they seek to acquire, obtaining clearance from the Committee on Foreign Investment in the United States (CFIUS) — which reviews the national security implications of certain foreign investments in the United States — involves a process that can be complex and opaque. The International Trade Group at Crowell & Moring includes lawyers who know the CFIUS process inside and out — through representing companies in the CFIUS process and in sitting on CFIUS through prior government service — and understand what companies need to do to gain approval for their transactions.
Insights
Client Alert | 8 min read | 08.16.23
Executive Order and Rulemaking on U.S. Outbound Investment
The Outbound Investment Program will be implemented through regulations issued by Treasury that will require notification for, or will otherwise prohibit U.S. persons from undertaking, certain transactions involving “covered national security products or technologies” and entities connected to a “country of concern.” Accordingly – concurrent with the Executive Order – Treasury released an Advance Notice of Proposed Rulemaking that provides some potential definitions of these terms, but the exact definitions and the details of the regulations will be developed through public notice and comment that concludes on September 28, 2023. Treasury also published a Fact Sheet that provides additional information on the proposed details and scope of the outbound investment prohibitions and notification requirements, which will likely not be finalized until 2024 sometime after Treasury has published draft regulations and gathered another round of public comments.
Client Alert | 2 min read | 10.27.22
Press Coverage | 09.16.22
Firm News | 1 min read | 01.27.22
Crowell & Moring’s International Trade Group Named a Law360 Practice Group of the Year
Insights
Client Alert | 8 min read | 08.16.23
Executive Order and Rulemaking on U.S. Outbound Investment
The Outbound Investment Program will be implemented through regulations issued by Treasury that will require notification for, or will otherwise prohibit U.S. persons from undertaking, certain transactions involving “covered national security products or technologies” and entities connected to a “country of concern.” Accordingly – concurrent with the Executive Order – Treasury released an Advance Notice of Proposed Rulemaking that provides some potential definitions of these terms, but the exact definitions and the details of the regulations will be developed through public notice and comment that concludes on September 28, 2023. Treasury also published a Fact Sheet that provides additional information on the proposed details and scope of the outbound investment prohibitions and notification requirements, which will likely not be finalized until 2024 sometime after Treasury has published draft regulations and gathered another round of public comments.
Client Alert | 2 min read | 10.27.22
Press Coverage | 09.16.22
Firm News | 1 min read | 01.27.22
Crowell & Moring’s International Trade Group Named a Law360 Practice Group of the Year