Tag Archives: real estate

US Government Contractors Beware: Evolving Buy American Requirements Signal Complex Future Legal Landscape

** UPDATE: On February 5, 2020, the FAR Council “corrected” the effective date of the Final Rule from January 21, 2021, to January 19, 2021. This alert has been updated accordingly. ** Recent modifications to regulations and federal government acquisition policies portend big change for contractors across the US, and their suppliers around the world. … Continue Reading

Accounting for CFIUS Regulatory Risk in Transactions Involving Property Rights at Airports and Maritime Ports

New rules went into effect on February 13, 2020, that implemented the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA), expanding the authority of the Committee on Foreign Investment in the United States (CFIUS), the US agency that reviews foreign investments in the US for potential national security concerns. The new rules include CFIUS … Continue Reading

Clients, Investors and Developers in Construction and Infrastructure Sectors: Join Us for This FIDIC COVID-19 Webinar on May 28, 2020

COVID19 brought out to light various vulnerabilities in different realms of our lives. Some business and industry sectors have become especially fragile due to an unexpected, unrelenting and active pandemic. Please join our trade practitioner, José María Viñals, for the FIDIC (international Federation of Consulting Engineers) COVID-19 webinar series focusing on “Clients, investors and developers’ … Continue Reading

CFIUS Authority Expanded Via FIRRMA Implementing Regulations

UPDATE:  An annotated form of the full list of covered investment critical infrastructure and functions related to covered investment critical infrastructure as proposed by CFIUS that is referenced below is now available under the CFIUS Resources section of this blog. On September 17, 2019, the US Department of the Treasury issued proposed regulations to implement the … Continue Reading

CFIUS Clearance: Chongqing Casin Enterprise Group and Chicago Stock Exchange, Inc.

Status:  Clearance   Acquirer:  Chongqing Casin Enterprise Group (China) Acquired:  Chicago Stock Exchange, Inc.  (US) Value:  Unknown Industry:  Financial Services   UPDATE:  On December 14, 2016, Reuters reported that the Chicago Stock Exchange confirmed that CFIUS had cleared the proposed investment by the Chongqing Casin Enterprise Group. (See Reuters, Exclusive: U.S. security panel clears Chinese … Continue Reading

Pending CFIUS Clearance: Chongqing Casin Enterprise Group and Chicago Stock Exchange, Inc.

Status: Pending Clearance   Acquirer: Chongqing Casin Enterprise Group (China) Acquired: Chicago Stock Exchange, Inc. (US) Value: Unknown Industry: Financial Services   On February 5, 2016, The Chicago Stock Exchange, Inc. (“CHX”) announced that it has entered into a definitive agreement to be acquired by an investor group led by Chongqing, China based Chongqing Casin Enterprise … Continue Reading