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November 12, 2020


Chris Griner, chair of Stroock’s National Security/CFIUS/Compliance Group, is quoted in a Fortune article that discusses how the ByteDance-owned TikTok is still awaiting a response from the Committee on Foreign Investment in the United States on its proposed deal with Oracle and Walmart.

Since TikTok hasn’t yet received guidance from CFIUS, they have turned to a U.S. Court of Appeals asking for a review of CFIUS’s actions thus far. Despite what the court decides, the government will likely continue to review the issue.

“All of those issues that bubbled up through CFIUS were national security implications,” said Chris. “So that’s the thing—it’s not going to go away.”