2012 Client Alert - CFIUS Report Shows Foreign Investment Remains Strong in U.S. National Security Sector
Summary: Each year, CFIUS publishes an Annual Report summarizing its activity in the preceding calendar year. Always a year late, the report nevertheless offers insight into trends in foreign direct investment. The most recent (unclassified) version of the Annual Report, published at the end of last year, summarizes CFIUS reviews in 2010. Historically, Kaye Scholer has represented buyers or sellers in a substantial number of CFIUS reviews. In 2010 and again in 2011, we participated in nearly one-quarter of the covered transactions submitted for CFIUS review. Consequently, we can supplement the CFIUS report with our own observations. Here’s what we know from the report and from our experience.