Exploring the legal issues that could impact national security reviews

A new report highlights several legal issues that could arise from proposals to "expand or create" new national security review mechanisms. Among them are due-process provisions that allow parties in a divestment order to see the information CFIUS used to make its...

CFIUS head says more penalties are coming, as are changes to FIRRMA

Last week, CFIUS head Paul Rosen said that the Committee has issued two civil monetary penalties in 2023, and has several more pending at various stages. He also implied that changes to FIRRMA were coming. “It’s time to refine some of those regulations.” Details,...

The key takeaways from last week’s second annual CFIUS conference

After CFIUS’s first annual conference in 2022, we crowdsourced “key takeaways” from nearly a dozen attendees. This year, we turned to Sidley's Grigore Alexandru, who previously served as Deputy Director at the DoD's Office of Foreign Investment Review. His key...

Many VCs may be underestimating the full impact of outbound rule

The vast majority of venture capital firms say they will not be impacted much by the Treasury’s proposed rule on outbound investment. That’s according to our latest survey; only 16 percent of respondents said they would be impacted “significantly” by the proposal....