[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 Biden’s decision to block the deal between U.S. Steel and Japanese-owned Nippon Steel is a clear illustration of ...
Nippon Steel Corp. and United States Steel Corp. claimed former President Joe Biden unfairly prejudged their $14.1 billion ...
The petitioners are asking the court to set aside what they say is “the unlawful” CFIUS review process and Biden’s accompanying order and to instruct CFIUS to conduct a new review of the transaction ...
CFIUS’s authority and responsibilities are grounded in several pieces of legislation, most notably the Defense Production Act of 1950, as amended, and the Foreign Investment Risk Review ...
National security determinations are ordinarily beyond legal review. But courts have tinkered with the CFIUS process before. A 2014 ruling, opens new tab held that the body’s black-box ...
Nippon Steel (OTCPK:NPSCY) and US Steel (NYSE:X) jointly filed an opening brief to try to save their more than $14.9 billion deal. The brief, filed in the U.S. Court of Appeals for the District of ...
Mori said the CFIUS review process lacked integrity as the Japanese company received no written feedback on the proposed national security agreement. The prospects of the lawsuit, which also names ...
Yellen, in a live interview on CNBC, said she could not discuss specifics of the merger review by Committee on Foreign Investment in the United States (CFIUS) that is now the subject of a lawsuit ...
Mr Mori said the CFIUS review process lacked integrity as the Japanese company received no written feedback on the proposed national security agreement. The prospects of the lawsuit, which also ...