U.S. Government's Draft Rules on Foreign IT Suppliers Creating Uncertainty for Lawyers
The U.S. Department of Commerce recently published proposed rules that would give the department sweeping new powers to review IT and communications transactions involving "foreign adversaries" of the United States.
December 13, 2019 at 02:00 AM
6 minute read
The original version of this story was published on Corporate Counsel
In keeping with a recent Trump administration trend of issuing draft regulations on foreign trade and investment with scant notice, the U.S. Department of Commerce published on the day before Thanksgiving proposed rules that would give the department sweeping new powers to review information technology and communications transactions involving "foreign adversaries" of the United States.
International trade and national security lawyers said the regulation's broad scope introduces significant uncertainty for clients about which supply chain transactions might be affected.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Law Firms Mentioned
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3'That's Disappointing': Only 11% of MDL Appointments Went to Attorneys of Color in 2023
- 4What We Know About the Kentucky Judge Killed in His Chambers
- 5'I'm Staying Everything': Texas Bankruptcy Judge Halts Talc Trials Against J&J
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250