• CFIUS Submits Annual Report to Congress
  • December 30, 2013 | Authors: Adam M. Brenner; Elyse B. Feuer; Mario Mancuso
  • Law Firms: Fried, Frank, Harris, Shriver & Jacobson LLP - New York Office ; Fried, Frank, Harris, Shriver & Jacobson LLP - Washington Office ; Fried, Frank, Harris, Shriver & Jacobson LLP - New York Office
  • On December 19, 2013, the Committee on Foreign Investment in the United States ("CFIUS"), a multiagency U.S. regulatory body empowered to review transactions involving a foreign person and a U.S. business that may affect U.S. national security, delivered its unclassified Annual Report to Congress for the calendar year 2012 (“Annual Report”). In accordance with the legal prohibition against public disclosure of such information, the Annual Report contains no information with respect to specific transactions. Nonetheless, it remains a remarkable window into the reach and operation of CFIUS, and its impact on transactions involving U.S. businesses.