To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions involving foreign investment in US businesses. Parties to potentially covered ...

[3] Nippon Steel went on to state that “[i]nstead of abiding by the law, the process ... about its review and investigation processes and its enforcement actions public, CFIUS generally has ...

President Joe Biden on Jan. 3, 2025, issued a blocking order (the Order) addressing the proposed acquisition of United States Steel Corporation ...

Mori said the CFIUS review process lacked integrity as the Japanese company received no written feedback on the proposed national security agreement, Nikkei said. The prospects of the lawsuit ...

Nippon Steel shares slipped 0.8% in Japanese trading. Court challenges to the Cfius review process and president’s authority over foreign business deals have been sparse over the years.

and asking the court to set aside the CFIUS review process and President Biden’s blocking order Second lawsuit filed in U.S. District Court for the Western District of Pennsylvania against ...

Parties to potentially covered transactions must understand CFIUS’s expanded authority, the filing and review process, and ...

and asking the court to set aside the CFIUS review process and President Biden’s blocking order Determined that these legal actions are the necessary path toward closing the transaction and ...

The steel makers want a federal court to junk the President's call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.