Reid Whitten

Photo of Reid Whitten Reid is the Managing Partner of Sheppard Mullin's London office, practicing in international trade regulations and investigations. He shares his time serving clients out of the Washington, D.C. office. He is also Leader of the Sheppard Mullin CFIUS Team.

Subscribe to all posts by Reid Whitten

First-Ever Executive Order on CFIUS Highlights Biden’s National Security Priorities

CFIUS 최초의 행정명령으로 본 바이든의 국가 안보 우선순위 U.S. President Biden signed the first-ever Executive Order (E.O.) on CFIUS – the Committee on Foreign Investment in the United States – on September 15, 2022. While the E.O. does not substantively change CFIUS’s jurisdiction or the legal process, the Biden Administration provides some explicit guidance on … Continue Reading

Lend Me Your EARs: CFIUS Makes Export Controls a Trigger for Mandatory Filings

한국어 번역문은 이곳을 클릭해주시기 바랍니다. On October 15, 2020, CFIUS will officially tie mandatory filings to U.S. export control regimes, including the Export Administration Regulations (EAR) and the International Traffic in Arms Regulations (ITAR).  While that change may draw a clearer line of what constitutes a mandatory filing, it also pulls your CFIUS review into … Continue Reading

UPDATED: China Trade War Scorecard: Keeping Track of Tariffs

한국어 번역문은 이곳을 클릭해주시기 바랍니다. With round after round of tariffs on Chinese goods, announcements, removals, exclusions, delays, increases and, of course, tweets regarding all of the above, it can be easy to get lost on where, exactly, things stand with respect to Tariffs implemented under Section 301 of the Trade Act. Below we provide … Continue Reading

On FIRRMA Ground: Congress to Restrict Foreign Investment and Expand Export Controls

한국어 번역문은 이곳을 클릭해주시기 바랍니다. In late June, there were reports that the Trump Administration would use emergency powers to restrict Chinese investment in the United States. On Wednesday, the White House backed away from that position after the House of Representatives passed a bill on Tuesday expanding and increasing the powers of the Committee … Continue Reading

The Future of CFIUS: Perhaps Not So Happy a New Year

한국어 번역문은 이곳을 클릭해주시기 바랍니다. ‘Tis the season to wonder, what will 2018 bring? We may speculate on things like a private company making a moon landing or a peace accord with North Korea. We may be certain of things like well-intentioned gym memberships and a host of new-you products. Somewhere between speculation and certainty … Continue Reading

President Trump’s Decertification of the Iran Nuclear Agreement: What It Means and What’s Next

한국어 번역문은 이곳을 클릭해주시기 바랍니다. HERE WE ANSWER A FEW OF THE QUESTIONS THAT YOU MAY HAVE What does decertification mean? For the time being, decertification is a solely U.S. issue. Under the Iran nuclear agreement (known as the Joint Comprehensive Plan of Action, or JCPOA), Iran agreed to limits on its nuclear program in … Continue Reading

Predicting the Unpredictable: Foreign Investment Under the Trump Administration

한국어 번역문은 이곳을 클릭해주시기 바랍니다. CFIUS has the power to unwind your M&A deal. That power will likely expand. That is the headline. The Committee on Foreign Investment in the United States (CFIUS) reviews acquisitions by foreign parties of “critical industries” and “critical infrastructure” in the United States. The inter-agency committee’s actions warrant plenty of … Continue Reading

The Table Flip: Trump, the Iran Nuclear Deal, and American Business

한국어 번역문은 이곳을 클릭해주시기 바랍니다. A President Trump will have authority to reinstate sanctions lifted by the Iran Nuclear Deal as well as revoke certain authorizations provided for business with Iran. Several economic and geopolitical factors may cause Mr. Trump to reconsider or mitigate his approach to the Iran Nuclear Deal. Companies should prepare to … Continue Reading

Those Three Little Words: OFAC’s Subtle Language Shift Could Create Sweeping Change on Iran Investment

한국어 번역문은 이곳을 클릭해주시기 바랍니다. Article Highlights: Non-U.S. banks can do business with Iran and continue their relationships with U.S. banks. Non-U.S. companies may use proceeds from Iran transactions more freely, including in the United States. OFAC draws a clearer line with respect to the use of Iran-related funds. After the Iran nuclear agreement, as … Continue Reading

EU-US Privacy Shield: Brace Yourself . . . or Maybe Not

한국어 번역문은 이곳을 클릭해주시기 바랍니다. On February 29, 2016, the European Commission and United States released the terms of the much-anticipated renewed framework for the transfer, sharing, and processing of European individuals’ data to the United States. The framework replaces the “Safe Harbour” mechanism, which enabled U.S. to transfer data from the EU to the United States by self-certifying … Continue Reading

The Day of North Korea Sanctions: The UN Imposes the Toughest North Korea Sanctions Yet While OFAC and State Designate More North Korean Entities

한국어 번역문은 이곳을 클릭해주시기 바랍니다. After weeks of negotiations and a Putin-backed delay, the UN Security Council unanimously adopted resolution 2270 on March 2, 2016, imposing new sanctions against North Korea. According to U.S. Secretary of State John Kerry, the resolution imposes the strongest set of UN sanctions in over two decades. This article provides a summary of the … Continue Reading
LexBlog

By scrolling this page, clicking a link or continuing to browse our website, you consent to our use of cookies as described in our Cookie and Advertising Policy. If you do not wish to accept cookies from our website, or would like to stop cookies being stored on your device in the future, you can find out more and adjust your preferences here.

Agree