CFIUS Annual Report: Emerging Trends In Review Process

Law360, New York (January 25, 2013, 12:19 PM EST) -- In December 2012, the Committee on Foreign Investment in the United States, a multi-agency regulatory body empowered to review transactions involving a foreign person and a U.S. business that may affect U.S. national security, delivered its unclassified 2012 annual report to Congress covering calendar year 2011. In accordance with the legal prohibition against public disclosure of such information, the annual report contains no information with respect to specific transactions. Nonetheless, for practitioners the report offers the most up-to-date analysis and remains a remarkable window into the reach and operation of CFIUS, and its impact on transactions by foreign persons involving U.S. businesses....

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