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    Key Lessons from UK National Security and Investment Regime's First Year
    2023-01-08

    Since the United Kingdom implemented the National Security and Investment Act in January 2022 ("NSI Regime"), there has been a significant increase in state intervention in, and review of, business transactions in the United Kingdom, including for international transactions involving targets with limited activities in the United Kingdom.

    Filed under:
    United Kingdom, Corporate Finance/M&A, Insolvency & Restructuring, Jones Day, Foreign direct investment, National Security and Investment Act 2021 (UK), Committee on Foreign Investment in the United States
    Location:
    United Kingdom
    Firm:
    Jones Day
    Key Lessons from UK National Security and Investment Regime's First Year
    2023-01-08

    Since the United Kingdom implemented the National Security and Investment Act in January 2022 ("NSI Regime"), there has been a significant increase in state intervention in, and review of, business transactions in the United Kingdom, including for international transactions involving targets with limited activities in the United Kingdom.

    Filed under:
    United Kingdom, Corporate Finance/M&A, Insolvency & Restructuring, Jones Day, Foreign direct investment, National Security and Investment Act 2021 (UK), Committee on Foreign Investment in the United States
    Location:
    United Kingdom
    Firm:
    Jones Day
    Key Lessons from UK National Security and Investment Regime's First Year
    2023-01-08

    Since the United Kingdom implemented the National Security and Investment Act in January 2022 ("NSI Regime"), there has been a significant increase in state intervention in, and review of, business transactions in the United Kingdom, including for international transactions involving targets with limited activities in the United Kingdom.

    Filed under:
    United Kingdom, Corporate Finance/M&A, Insolvency & Restructuring, Jones Day, Foreign direct investment, National Security and Investment Act 2021 (UK), Committee on Foreign Investment in the United States
    Location:
    United Kingdom
    Firm:
    Jones Day
    Key Lessons from UK National Security and Investment Regime's First Year
    2023-01-08

    Since the United Kingdom implemented the National Security and Investment Act in January 2022 ("NSI Regime"), there has been a significant increase in state intervention in, and review of, business transactions in the United Kingdom, including for international transactions involving targets with limited activities in the United Kingdom.

    Filed under:
    United Kingdom, Corporate Finance/M&A, Insolvency & Restructuring, Jones Day, Foreign direct investment, National Security and Investment Act 2021 (UK), Committee on Foreign Investment in the United States
    Location:
    United Kingdom
    Firm:
    Jones Day
    Key Lessons from UK National Security and Investment Regime's First Year
    2023-01-08

    Since the United Kingdom implemented the National Security and Investment Act in January 2022 ("NSI Regime"), there has been a significant increase in state intervention in, and review of, business transactions in the United Kingdom, including for international transactions involving targets with limited activities in the United Kingdom.

    Filed under:
    United Kingdom, Corporate Finance/M&A, Insolvency & Restructuring, Jones Day, Foreign direct investment, National Security and Investment Act 2021 (UK), Committee on Foreign Investment in the United States
    Location:
    United Kingdom
    Firm:
    Jones Day
    CFIUS Takes Notice of Crypto Company Bankruptcy Sale, Signaling Heightened CFIUS Attention to Bankruptcy-Related Transactions
    2023-01-30

    In a provocative demonstration that it scrutinizes all types of transactions, no matter their origin, the Committee on Foreign Investment in the United States (“CFIUS”) has reportedly been vetting the proposed $1 billion sale of bankrupt crypto lender Voyager Digital’s assets to Binance.US. Voyager Digital filed for Chapter 11 bankruptcy in July 2022, and, after an initial agreement to sell its assets to FTX crumbled, Binance.US provided Voyager Digital with the winning offer for its assets in December 2022. But, after the sale’s announcement on December 30, 2022, the U.S.

    Filed under:
    USA, Banking, Corporate Finance/M&A, Insolvency & Restructuring, IT & Data Protection, Vinson & Elkins LLP, Bankruptcy, Cryptocurrency, Anti-money laundering, US Department of Justice, Committee on Foreign Investment in the United States, FTX
    Authors:
    George R. Howard
    Location:
    USA
    Firm:
    Vinson & Elkins LLP
    Key Lessons from UK National Security and Investment Regime's First Year
    2023-01-08

    Since the United Kingdom implemented the National Security and Investment Act in January 2022 ("NSI Regime"), there has been a significant increase in state intervention in, and review of, business transactions in the United Kingdom, including for international transactions involving targets with limited activities in the United Kingdom.

    Filed under:
    United Kingdom, Corporate Finance/M&A, Insolvency & Restructuring, Jones Day, Foreign direct investment, National Security and Investment Act 2021 (UK), Committee on Foreign Investment in the United States
    Location:
    United Kingdom
    Firm:
    Jones Day
    Key Lessons from UK National Security and Investment Regime's First Year
    2023-01-08

    Since the United Kingdom implemented the National Security and Investment Act in January 2022 ("NSI Regime"), there has been a significant increase in state intervention in, and review of, business transactions in the United Kingdom, including for international transactions involving targets with limited activities in the United Kingdom.

    Filed under:
    United Kingdom, Corporate Finance/M&A, Insolvency & Restructuring, Jones Day, Foreign direct investment, National Security and Investment Act 2021 (UK), Committee on Foreign Investment in the United States
    Location:
    United Kingdom
    Firm:
    Jones Day
    Key Lessons from UK National Security and Investment Regime's First Year
    2023-01-08

    Since the United Kingdom implemented the National Security and Investment Act in January 2022 ("NSI Regime"), there has been a significant increase in state intervention in, and review of, business transactions in the United Kingdom, including for international transactions involving targets with limited activities in the United Kingdom.

    Filed under:
    United Kingdom, Corporate Finance/M&A, Insolvency & Restructuring, Jones Day, Foreign direct investment, National Security and Investment Act 2021 (UK), Committee on Foreign Investment in the United States
    Location:
    United Kingdom
    Firm:
    Jones Day
    Key Lessons from UK National Security and Investment Regime's First Year
    2023-01-08

    Since the United Kingdom implemented the National Security and Investment Act in January 2022 ("NSI Regime"), there has been a significant increase in state intervention in, and review of, business transactions in the United Kingdom, including for international transactions involving targets with limited activities in the United Kingdom.

    Filed under:
    United Kingdom, Corporate Finance/M&A, Insolvency & Restructuring, Jones Day, Foreign direct investment, National Security and Investment Act 2021 (UK), Committee on Foreign Investment in the United States
    Location:
    United Kingdom
    Firm:
    Jones Day

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