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BIS Issues Rule on Export Controls for Semiconductor and Gas Turbine Technologies

On August 12, 2022, the US Department of Commerce’s Bureau of Industry and Security issued an interim final rule establishing new export controls on four technologies that support the production of advanced semiconductors and gas turbines. The agency has determined Gallium Oxide and diamond, Electronic Computer-Aided Design (ECAD) software specially designed for the development of … Continue Reading

CFIUS Mitigation: Anbang Insurance Group Co. and Strategic Hotels & Resorts Inc.; Blackstone Group LP

Status:  Mitigation   Acquirer:  Anbang Insurance Group Co. (China) Acquired:  Strategic Hotels & Resorts Inc. (U.S.); Blackstone Group LP (U.S.) Value:  Pre-mitigation, approx. US$6.5 Billion Industry:  Hospitality   In March 2016, news reports indicated that China’s Anbang Insurance Group Co. announced its intent to buy Strategic Hotels & Resorts Inc., the owner of 16 luxury … Continue Reading