CFIUS Blocks Joint Venture Outside the United States, Releases 2018-2019 Data, and Goes Electronic
June 3, 2020
Over the last few weeks, there has been a flurry of activity at the Committee on Foreign Investment in the United States.
In addition to imposing filing fees, which we wrote about here, and issuing proposed amendments to broaden the mandatory CFIUS notification requirements, which we wrote about here, CFIUS recently blocked a robotics joint venture in China with no U.S. assets and limited to operations outside the United States, released detailed information regarding the transactions reviewed by CFIUS during 2018 (as well as summary data for transactions reviewed in 2019), and announced a new electronic filing system.
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