Scrutiny Of Foreign Acquisitions Under FINSA

Law360, New York (November 21, 2007, 12:00 AM EST) -- The Foreign Investment and National Security Act of 2007 (FINSA), signed by President Bush earlier this year, will clarify and enhance government scrutiny of acquisitions of critical infrastructure assets by non-U.S. investors.

FINSA is the result of more than a year of legislative efforts to reform the review process after the controversy caused by the failed Dubai Ports World acquisition of several U.S. port operations.

It both expands and adds certainty to national security reviews by the multi-agency Committee on Foreign Investment in the United States...
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