Episode 6: CFIUS and FIRRMA
Congress recently passed and President Trump signed into law FIRRMA -- the most consequential update to the Committee on Foreign Investment in the United States (CFIUS) in 30 years. Scott Flicker, a partner in Paul Hastings’ Global Trade Controls practice discusses what might constitute a “threat to national security” or “foreign control,” what changes FIRRMA will bring to CFIUS, why they might be a good thing, and the most important action to take as not to run afoul of CFIUS when considering a cross-border transaction or foreign investment.