Legal Research

Lawyers Question Proposed Rules Governing Foreign

By David Badertscher, PLL

Source:Law.com Newswire, May 5, 2008 2:03PM

Lawyers Question Proposed Rules Governing Foreign Investment in U.S.
The Deal

"Treasury Department officials on Friday listened to Washington attorneys rattle off a raft of concerns about the Bush administration's plans for new rules governing foreign acquisitions of U.S. assets. The changes would address procedures for the Committee on Foreign Investment in the United States, the inter-agency panel that examines U.S.-foreign deals for national security threats. A session was held to hear comments on all aspects of Treasury's proposed changes to the CFIUS process, but most focused on how they would affect investments by sovereign wealth funds, the investment arms of foreign governments."

Full post as published by New York Supreme Court Criminal Term Library on May 05, 2008 (boomark / email).