On October 21, 2024, Smead Manufacturing Company, Inc. and TOPS Products LLC, collectively, the Coalition of Domestic Folder Manufacturers (Petitioner or Coalition) filed petitions with the U.S. Department of Commerce (DOC) and the U.S. International Trade Commission (ITC) seeking the imposition of antidumping duties (AD) on imports of paper file folders from Cambodia and Sri … Continue Reading
On September 24, 2024, China’s Ministry of Commerce (MOFCOM) announced that the Working Mechanism of the Unreliable Entities List (the “Working Mechanism”) had initiated an investigation of the PVH Group, a global clothing company and owner of brands such as Tommy Hilfiger, Calvin Klein, Warner’s, Olga and True & Co. The action was taken pursuant … Continue Reading
On October 8, 2024, Genera, Tellus Products LLC, and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, AFL-CIO (USW), collectively, “American Molded Fiber Coalition” (Petitioner or Coalition), filed petitions with the U.S. Department of Commerce (DOC) and the U.S. International Trade Commission (ITC) seeking the imposition of … Continue Reading
Status: Pending Acquirer: Searchlight Capital Partners L.P. (U.S) and British Columbia Investment Management Corporation (Canada) Acquired: Consolidated Communications Holdings, Inc. (U.S.) Value: $3.1 billion Industry Tags: Telecommunications… Continue Reading
Status: Terminated Acquirer: Stratasys Ltd. (Israel) Acquired: Desktop Metal, Inc. (US) Value: Over $500 million Industry Tags: 3D Printing; Additive Manufacturing… Continue Reading
On September 28, 2023, Eastman Kodak filed antidumping (AD) and countervailing duty (CVD) petitions against aluminum lithographic printing plates from China claimed to be (a) dumped – i.e., sold into the United States at less than fair normal value prices and (b) government subsidized; and just an antidumping petition against Japan. Petition available at https://ids.usitc.gov/case/8144/investigation/8462.… Continue Reading
U.S. Secretary of Commerce Raimondo’s recent visit to China in late August was “part of ongoing efforts to deliver on President Biden’s directive following his meeting with President Xi in November 2022 to deepen bilateral discussions.” (Commerce Press Release, Aug. 28, 2023.) Throughout the meetings, the Commerce Secretary sought to reinforce U.S. economic interests in … Continue Reading
Status: Upcoming/New Filing Acquirer: Cegeka Groep NV (Belgium) Acquired: Computer Task Group (U.S.) Value: Over $170 million Industry Tags: Technology Services… Continue Reading
On October 14, 2023, the U.S. Department of Commerce, Bureau of Industry and Security (“BIS”) published in the Federal Register a final rule that amends the Export Administration Regulations, 15 C.F.R. parts 730-774 (“EAR”), “by adding additional nuclear nonproliferation controls on China and Macau.” Changes specifically apply to “items controlled for Nuclear Nonproliferation (NP) column … Continue Reading
On August 9, 2023, U.S. President Joe Biden signed an Executive Order (“EO”) titled “Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concerns,” mandating the establishment of an outbound investment regulatory regime. The EO mandates that the Treasury Department, in coordination with other agencies, issue regulations to establish a … Continue Reading
As tensions between the US and China continue to build, what does this mean for US companies operating in China? Partners George Grammas and Ed Newberry discuss the current political landscape, as well as provide insight on where things are headed and what you can do to mitigate risks and protect your relationships going forward. … Continue Reading
On July 11, 2023, PURIS Proteins LLC filed antidumping (AD) and countervailing duty (CVD) petitions against pea protein from China, claimed to be (a) sold into the United States at less than normal value (i.e., at unfairly low prices, that are below cost plus reasonable profit, based on market economy standards) and (b) government subsidized … Continue Reading
In 2022, Fufeng USA, a subsidiary of Chinese company Fufeng Group, purchased 370 acres near Grand Forks, North Dakota, with the intention of developing the land to build a plant for wet corn milling and biofermentation,[1] prompting opposition from federal and state politicians.[2] North Dakota Senators, North Dakota’s Governor, and Senator Marco Rubio urged the … Continue Reading
On May 31, 2023, Novolex and union workers filed antidumping duty (AD) petitions against certain paper shopping bags imports claimed to be sold into the US at less than normal value (i.e., at unfairly low prices, such as below cost or home or third-country prices) and requested the imposition of AD import duties of: Offsetting … Continue Reading
On May 5, 2023, the U.S. Department of Treasury, the agency tasked with administering the Committee on Foreign Investment in the United States (CFIUS), published a Proposed Rule (88 Fed. Reg. 29003) expanding the list of “military installations” that could trigger CFIUS authority over certain real estate transactions in 31 C.F.R. Part 802 (“Part 802”). … Continue Reading
On January 5, 2023, the Directorate of Defense Trade Controls (DDTC), which administers the International Traffic in Arms Regulations (ITAR), announced updated guidance and FAQs for US persons abroad (USPAB) authorization requests. DDTC also released a submission letter template and sample § 121.13 certification letter to accompany such requests.… Continue Reading
Status: Clearance Acquirer: Public Investment Fund (Saudi Arabia) Acquired: Lucid Group, Inc. (U.S.) Value: $200 million Industry Tags: Electric Vehicles… Continue Reading
In light of the current conflict and crisis in Ukraine, we are tracking the evolving sanctions imposed by several governments on Russia and Russia-aligned regions and certain individuals. The jurisdictions in focus are: EU, Japan, Republic of Korea, UK and US. Latest Developments:… Continue Reading