Joshua F. Gruenspecht

Nov 14, 2024 | jdsupra.com | Joshua F. Gruenspecht |Stephen R. Heifetz |Alyza Sebenius

A Guide to the New Diligence Questions for “Outbound” U.S. InvestmentIn late October 2024, the U.S. Treasury Department (Treasury)issued its final rules(the Outbound Rules) implementing President Biden’s Executive Order (EO) 14105 on “outbound” U.S. investment. See our prior mailershereandhere. The Outbound Rules will take effect on January 2, 2025, and will add a new layer of diligence to most U.S. parties’ investment activities.

Apr 25, 2024 | lexblog.com | Maneesha Mithal |Joshua F. Gruenspecht |Libby Weingarten

The recent omnibus foreign relations package signed by President Biden on April 24, 2024, includes the Protecting Americans’ Data from Foreign Adversaries Act of 2024 (the Act), a set of sweeping privacy provisions prohibiting data brokers from sharing sensitive personal information with a broad range of entities that may have ties to Russia, China, Iran, and North Korea.

Nov 17, 2023 | jdsupra.com | Joshua F. Gruenspecht

November 17, 2023 To embed, copy and paste the code into your website or blog: In this latest issue of The Entrepreneurs Report, we've compiled a range of data on venture financing transactions and convertible note financings in which the firm was involved in Q3 2023, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital in general.

Oct 12, 2023 | jdsupra.com | Joshua F. Gruenspecht

Jul 26, 2023 | jdsupra.com | Joshua F. Gruenspecht |Stephen R. Heifetz

One of the bigger surprises in the history of the Committee on Foreign Investment in the United States (CFIUS) began to unfold in May 2023, when CFIUS posted a new Q&A on theFAQ section of the CFIUS website. The FAQ effectively announced a seemingly technical change to its understanding of the definition of “completion date,” triggering an avalanche of law firm advisories, some questioning the intent and/or wisdom of the new definition.