Articles

CFIUS Backlog Will Only Worsen As Shutdown Carries On

Law360
January 15, 2019

London partner Reid Whitten comments on CFIUS saying, "CFIUS is already a bit underwater with how many applications they’re getting. This backlog while they’re not clearing off the pile is going to mean the amount they are behind is going to increase," and, "Those who didn’t get their filing in before the shutdown will likely have significant delays after the shutdown, because they won’t get their filing acknowledged until CFIUS is good and ready to acknowledge them.”