Navigating M&A Due Diligence: Safeguarding Security Clearances

In the ninth episode of "Are We All Clear? Facilitating Security Clearances," host Molly O'Casey and International Trade attorney Antonia Tzinova delve into the critical aspects of due diligence for facility and personnel clearances in mergers and acquisitions (M&A) transactions. Drawing from her extensive experience, Ms. Tzinova guides listeners through the complexities of the National Industrial Security Program Operating Manual (NISPOM) and its impact on cleared facilities and personnel. Key topics covered include: - the importance of timely notifications to the Defense Counterintelligence and Security Agency (DCSA) during ownership changes - considerations for mitigating foreign ownership, control or influence (FOCI) in M&A deals - essential steps for sellers in preparing for due diligence - potential compliance violations and mitigation strategies