Insights Search

With its growing size and importance, the renewable energy industry needs to be aware of antitrust rules. Members of V&E’s nationally recognized antitrust practice have produced a comprehensive survey article that addresses a variety of competition issues faced by renewable energy companies.

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.

In a development that highlights current U.S. Government foreign investment priorities, Borqs Technologies Inc. (“Borqs”), a China-based corporation, announced on December 19, 2022, that a review by the Committee on Foreign Investment in the United States (“CFIUS”) is leading Borqs to divest its investment in Holu Hou Energy LLC (“HHE”), a U.S. energy storage system company.

The Committee on Foreign Investment in the United States (“CFIUS” or the “Committee”) recently submitted its Annual Report to Congress for calendar year 2021 (“Annual Report”). The report summarized the Committee’s activity in calendar year 2021.

On June 17, 2022, TikTok Inc. (“TikTok”) reportedly completed the migration of its U.S. users’ information to servers at Oracle Corporation (“Oracle”) in a move that bars access by Chinese parent company ByteDance.

The Committee on Foreign Investment in the United States (“CFIUS”) earlier this month released a fact sheet announcing updates on excepted foreign states determinations, including the addition of New Zealand to CFIUS’s excepted foreign states list, effective as of January 6, 2022.