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September 15, 2020

NY Post

Shannon Reaves, special counsel in Stroock’s National Security / CFIUS / Compliance Group, was quoted in a NY Post article that discusses how Oracle stated it would become the “trusted technology provider” for ByteDance in a deal meant to appease the Trump administration’s fears that Beijing could get ahold of its user data.

Shannon noted that CFIUS, which will now review the proposed Oracle deal and make a recommendation to Trump, has plenty of latitude to approve the proposal even though it appears inconsistent with Trump’s unambiguous order.

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