Status: Clearance
Acquirer: Learning Technologies Group (United Kingdom)
Acquired: GP Strategies Corporation (U.S.)
Value: $394 million
Industry Tags: Professional Services; Engineering & Construction Continue Reading
Upcoming/New CFIUS Filing: Singapore Technologies Engineering and TransCore business of Roper Technologies
Status: Upcoming/New Filing
Acquirer: Singapore Technologies Engineering Ltd. (Singapore)
Acquired: TransCore business of Roper Technologies, Inc. (U.S.)
Value: $2.68 billion
Industry Tags: Technology Services; Transportation Continue Reading
How to Stop the PTAB from Deferring to the ITC for Patent Validity Decisions
Following up on a previous blog post explaining why the Patent Trial and Appeal Board (PTAB) is denying institution of inter partes review (IPR) and post-grant review (PGR) proceedings based on a co-pending ITC Section 337 investigation, our colleagues Adam Hess and David Prueter provide some tips for how respondents in ITC Section 337 investigations can avoid the PTAB’s discretionary denials of petitions for IPR and PGR.
Continue reading here.
CFIUS Filing Withdrawn and Refiled: Wise Road Capital and Magnachip Semiconductor Corporation
Status: Withdrawn and Refiled
Acquirer: Wise Road Capital LTD (China)
Acquired: Magnachip Semiconductor Corporation (US)
Value: US$1.4 billion
Industry: Semiconductors Continue Reading
PTAB Defers to ITC for Patent Validity Decisions
August 9, 2012, in a decision regarding a petition filed by Kiss Nail Products, the Patent Trial and Appeal Board (PTAB) denied institution of post-grant review (PGR) of a Lashify, Inc. patent directed to artificial eyelash extensions in view of a co-pending ITC Section 337 investigation. Why is this significant? Continue reading here a blog post by our colleague Adam Hess.
CFIUS Update: CITIC Capital Acquisition Corp. and Quanergy Systems, Inc.
Status: Not a Covered Transaction
Acquirer: CITIC Capital Acquisition Corp. (Cayman Islands)
Acquired: Quanergy Systems, Inc. (US)
Value: US$1.4 billion
Industry: Autonomous Vehicles; Artificial Intelligence; Internet of Things Continue Reading
CFIUS Clearance: Toyota Motor Corporation and CARMERA, Inc.
Status: Clearance
Acquirer: Toyota Motor Corporation (Japan)
Acquired: CARMERA, Inc. (U.S.)
Value: Undisclosed
Industry: Autonomous Vehicles Continue Reading
CFIUS Investigation: Sina Corporation and TuSimple Holdings Inc.
Status: Investigation
Acquirer: Sina Corporation (China)
Acquired: TuSimple Holdings Inc. (US)
Value: Unknown
Industry: Autonomous Vehicles Continue Reading
New Supply Chains Challenge – Uyghur Forced Labor Prevention Act
On July 14, 2021, the Uyghur Forced Labor Prevention Act (UFLPA) was passed unanimously by the US Senate. It now moves to the House, where it is expected to pass easily – a previous version of the bill passed 406-3 in September 2020. The UFLPA reverses the previously applied burden of proof, creating a presumption that goods produced in Xinjiang involve forced labor. Therefore, if enforced, all goods produced in the region is expected to be banned, unless Customs and Border Protection (CBP) can firmly establish that the goods were not made using forced labor. Continue Reading
CFIUS Clearance: OMERS Infrastructure Management, FS Saguaro and First Solar
Status: Clearance
Acquirer: OMERS Infrastructure Management Inc. (Canada)
Acquired: FS Saguaro, LLC, certain assets, and the Development Business of First Solar, Inc. (US)
Value: US$261 million
Industry: Energy Continue Reading
