5 Ways New CFIUS Legislation Would Alter Review Process

Law360, New York (November 14, 2017, 6:57 PM EST) -- A bipartisan group of lawmakers recently introduced new legislation to “modernize and strengthen” the Committee on Foreign Investment in the United States, extending the interagency committee’s reach to more types of transactions, adding a mandatory filing component and fees, and adjusting the review timeline.

Sens. John Cornyn, R-Texas, Dianne Feinstein, D-Calif., and Richard Burr, R-N.C., chairman of the Senate Select Committee on Intelligence, introduced the Foreign Investment Risk Review Modernization Act in the Senate last week, while a companion bill of the same name was introduced...
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