Status: Clearance Acquirer: Brookfield Asset Management Inc. (Canada) Acquired: TerraForm Power, Inc. (US) Value: Approximately US$1.7 billion implied total equity value Industry: Energy… Continue Reading
UPDATE: On March 5, 2019, the Council of the EU approved the Regulation establishing a framework for screening of foreign direct investments into the EU. As further explained below, the Regulation facilitates enhanced cooperation and exchange of information between EU member states and the European Commission. The Regulation could affect businesses and investors, as well as their interactions with government entities at … Continue Reading
After the UK government overwhelmingly rejected Prime Minister May’s Withdrawal Agreement in January, the Prime Minister is back to negotiations with the EU in an attempt to hammer out a Brexit deal favorable for Britain before the 29 March deadline. … Continue Reading
UPDATE: The UK Export Control Joint Unit issued a general license authorizing export of dual-use goods from the UK to the EU in case of hard Brexit. The licence will enter into force on March 29, 2019 at 11 p.m. UK time. … Continue Reading
With continuing uncertainty, there is still a lack of clarity on what the final Brexit arrangements between the UK and the EU will look like. Many companies have been planning for the implications of Brexit for some time, and some still need to consider how Brexit may affect their operations. Both the UK government and … Continue Reading
On December 17, 2018, President Trump signed into law the Small Business Runway Extension Act of 2018 (HR 6330) (the Act), which modifies the period to measure small business size status from three fiscal years of average annual receipts to five fiscal years.… Continue Reading
With the budget talks hitting a “wall” and another US government shutdown looming, contractors doing business with the US government need to be ready with concrete plans to lessen the impact to your business, employees and subcontractors.… Continue Reading
UPDATE: The Tariff Book was updated again on December 17, 2018. Changes were made to the US section. How To Use The Tariff Book Because there is so much information included in this Tariff Book, we have made the document fully searchable. The information provided in this book comes from number of different sources, some of which are … Continue Reading
Status: Clearance Acquirer: Speedcast International Limited (Australia) Acquired: Globecomm Systems Inc. (US) Value: Approx. US$135 million Industry: Telecommunications… Continue Reading
The US federal government contracts bid protest process and timing is different based on the type of procurement and contract vehicle involved. You could be left without much of a remedy if you miss a critical deadline.… Continue Reading
Status: Clearance Acquirer: Dürr AG (Germany) Acquired: MEGTEC and Universal businesses of Babcock & Wilcox Enterprises, Inc. (US) Value: US$131 Million Industry: Industrial Products and Services… Continue Reading
On September 21, 2018, OFAC extended certain Ukraine-related general licenses. OFAC issued General License No. 13D authorizing certain transactions necessary to divest or transfer debt, equity, or other holdings in listed blocked persons. OFAC also issued General Licenses No. 14A and 16A, which authorize certain activities necessary to the maintenance or wind down of operations or existing contracts with 1) United … Continue Reading
On August 30, 2018, the Bureau of Industry and Security (BIS) published in the Federal Register a final rule titled, “Revisions to the Export Administration Regulations Based on the 2017 Missile Technology Control Regime Plenary Agreements.” This new final rule amending the EAR reflects changes to the Missile Technology Control Regime (MTCR) Annex pursuant to the October 2017 agreement by the … Continue Reading
