CFIUS During The Shutdown: What It Means For Deals

By Michael Leiter, Donald Vieira, Ivan Schlager, Jonathan Gafni, Daniel Gerkin and Michelle Weinbaum (January 16, 2019, 5:14 PM EST) -- As has been widely reported, the U.S. federal government partially shut down at midnight on Dec. 22, 2018. While the shutdown continues to impact numerous government agencies and related constituencies, a key shutdown for dealmakers has been the offices within the U.S. Department of the Treasury that chair the CFIUS. With no clear end in sight, global companies, strategic investors and their outside counsel must carefully consider the ongoing impact of the shutdown on deals at all stages, from initial consideration and negotiation through closing and performance....

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