CFIUS Continues To Present Obstacle To Chinese Acquisitions
Law360, New York (September 19, 2017, 12:17 PM EDT) -- On Sept. 13, 2017, President Donald Trump issued an executive order blocking investment firm Canyon Bridge Capital Partners Inc. from acquiring Lattice Semiconductor Corporation. President Trump's decision to block the transaction marked only the fourth time over the last 30 years that a U.S. president has blocked a transaction out of concerns for national security. Notably, all four examples involved Chinese investors, and three occurred within the last five years.
Although presidential intervention to block a planned acquisition is relatively rare, President Trump's action was not especially surprising in light of recent precedent and public statements by the president and members...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!