November 1, 2022
BNN Bloomberg
In a new article for BNN Bloomberg, Stroock partner in the firm’s National Security/ CFIUS/ Compliance group, Shannon Reaves, weighs in on Elon Musk’s purchase of Twitter. In recent light, Senator Chris Murphy said there is Saudi Arabian backing for the purchase and should have CFIUS review the transaction to ensure there is a no potential threat to national security.
“It’s not the first time that a member of Congress has pressed for a CFIUS review of a transaction,” Reaves said in an interview. “CFIUS will need to assess whether it has jurisdiction. CFIUS will also need to do a preliminary look to understand whether the transaction has the potential to present national security risk.”
Read the full article here.
November 1, 2022
BNN Bloomberg
In a new article for BNN Bloomberg, Stroock partner in the firm’s National Security/ CFIUS/ Compliance group, Shannon Reaves, weighs in on Elon Musk’s purchase of Twitter. In recent light, Senator Chris Murphy said there is Saudi Arabian backing for the purchase and should have CFIUS review the transaction to ensure there is a no potential threat to national security.
“It’s not the first time that a member of Congress has pressed for a CFIUS review of a transaction,” Reaves said in an interview. “CFIUS will need to assess whether it has jurisdiction. CFIUS will also need to do a preliminary look to understand whether the transaction has the potential to present national security risk.”
Read the full article here.
