From Serial A Financing to Prohibited Transaction: First CFIUS Divestment Order Against Closed Deal by Chinese Investor

On March 6, 2020, US imposed a divestment order against a closed deal by Chinese investor, under national security review steered by CFIUS (Committee on Foreign Investment in United States), and enforceable by the Department of Justice.  Set forth below briefs significant enforcement development, which is natural progression from the enforcement initiatives under the “whole-of-government” […]