David Fagan, Covington & Burling and Chris Griner, Stroock
While mergers and acquisitions were declining as the novel coronavirus spread across the globe, the Committee on Foreign Investment in the United States at the U.S. Treasury Department, which reviews transactions for national security concerns, is also being affected by the new working conditions, attorneys said.
April 07, 2020 at 02:17 PM
1 minute read
Editor-at-large
The COVID-19 pandemic is slowing down national security reviews of foreign investment deals in the United States, lawyers say.
While mergers and acquisitions in general were declining as the novel coronavirus spread across the globe, the Committee on Foreign Investment in the United States at the U.S. Treasury Department, which reviews transactions for national security concerns, is also being affected by the new working conditions, lawyers added.
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