UK Spells Out Deals Prone To National Security Reviews
By Bryan Koenig (November 15, 2021, 7:19 PM EST) -- United Kingdom officials published guidance on Monday to prepare businesses and investors for a major overhaul to reviews for deals and investments that could impact national security, laying out the criteria that mark whether a transaction counts under one of the 17 "sensitive areas" requiring notification to the government.
When the National Security and Investment Act goes into effect Jan. 4, the U.K. government must be notified of certain deals, while it otherwise works under a voluntary merger notification regime. Failure to report deals in areas such as advanced materials and robotics, artificial intelligence, computing hardware, data infrastructure, defense, and space...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!