Treasury Department Proposes to Sharpen the Teeth of CFIUS Enforcement
By EsqSocial Corporation 24/04/24
Key Takeaways: The Treasury Department is seeking to equip CFIUS with greater enforcement and oversight authority. These new powers include the ability to request more information from transaction parties and also to assess more significant penalties—in some cases, potentially greater than the transaction value—against companies who fail to comply with mandatory filing requirements or violate mitigation agreements....
By: Sheppard Mullin Richter & Hampton LLP