March 2025 marked the fifth anniversary of the Committee on Foreign Investment in the United States (CFIUS) initiative to “formalize and centralize” within the Department of the Treasury an enforcement function to identify and investigate “non-notified” transactions (i.e., cross-border acquisition and investment transactions that may have been subject to CFIUS jurisdiction but not formally “notified” […]| Cooley M&A
On the heels of releasing its 2023 Annual Report to Congress, the Committee on Foreign Investment in the United States (CFIUS) publicly announced six new penalties on parties that failed to comply with CFIUS requirements in connection with cross-border transactions. The penalties range from $100,000 to a staggering $60 million fine for T-Mobile’s alleged violation of the terms of […]| Cooley M&A
Recently, the Texas House of Representatives introduced HB 5007, along with its companion bill SB 2117. The legislation—“Relating to the establishment of| Global Trade Law Blog
CFIUS warned that Nippon Steel could reduce U.S. steel output and harm critical industries. U.S. Steel executives, meanwhile, stood to personally profit tens of millions of dollars from this disastrous deal, putting their own financial interests above those of American workers and national interests.| Coalition For A Prosperous America
U.S. Treasury Secretary Janet Yellen on Tuesday declined to answer questions about the pending $14.9 billion sale of Pittsburgh-based U.S. Steel to Nippon Steel of Japan. “We will look at it … as we would look at any transaction from a national security perspective and try to make a reasonable judgment, but I’m not able […]| Pennsylvania Capital-Star