CFIUS 101: Foreign Control and US Oversight with David Fagan

The black letter law in this episode is: Committee on Foreign Investment in the United States (CFIUS) https://www.treasury.gov/resource-center/international/Pages/Committee-on-Foreign-Investment-in-US.aspx Foreign Ownership, Control or Influence (FOCI) http://www.dss.mil/isp/foci/foci_info.html Executive Order 11858 establishing CFIUS https://www.archives.gov/federal-register/codification/executive-order/11858.html Dubai World Ports Controversy https://www.cfr.org/backgrounder/uae-purchase-american-port-facilities Foreign Investment and National Security Act of 2007 (FINSA) https://www.congress.gov/110/plaws/publ49/PLAW-110publ49.pdf 50 USC 4565 https://www.law.cornell.edu/uscode/text/50/4565 Youngstown Sheet & Tube Co. v. Sawyer, 343 U.S. 579 (1952) https://supreme.justia.com/cases/federal/us/343/579/case.html Ralls Corp. v. Committee on Foreign Investment in the United States, et al., No. 13-5315 (D.C. Cir. July 15, 2014) https://www.cadc.uscourts.gov/internet/opinions.nsf/B27E81AF31E360DA85257D16004E43E7/$file/13-5315-1502552.pdf Obama order compelling the divestiture of the Ralls Windfarm https://obamawhitehouse.archives.gov/the-press-office/2012/09/28/order-signed-president-regarding-acquisition-four-us-wind-farm-project-c The proposed new CFIUS bill: Foreign Investment Risk Review Modernization Act of 2017 (S.2098) https://www.feinstein.senate.gov/public/_cache/files/8/d/8ddd5830-5e2b-4e7c-9c6f-2c206c953868/5A37EAB23418E531304A42ABA8CF0B2F.cfius.pdf David Fagan is a partner at Covington & Burling https://www.cov.com/