Kenneth Nunnenkamp

Dec 3, 2024 | jdsupra.com | Giovanna M. Cinelli |Ryan McCarthy |Kenneth Nunnenkamp

In a ruling eagerly awaited by the cryptocurrency industry, the US Court of Appeals for the Fifth Circuit held that immutable smart contracts on the Tornado Cash crypto-transaction software protocol are not “property” subject to the sanctions jurisdiction asserted by the Office of Foreign Assets Control (OFAC). Relying on the US Supreme Court’s decision in Loper Bright Enterprises v.

Mar 13, 2024 | morganlewis.com | Giovanna M. Cinelli |Kenneth Nunnenkamp |David Plotinsky

WASHINGTON, DC, March 12, 2024: Morgan Lewis partners Giovanna Cinelli, Kenneth Nunnenkamp, and David Plotinsky have been named to the Foreign Investment Watch (FIW) Top Advisors 2024 list, which recognizes leading professionals who provide advice and counsel concerning national security review of foreign investments in the United States and overseas. This marks the fifth consecutive year Giovanna has been recognized as a Top Advisor by FIW and the second year in a row for Kenneth and David.

Jan 30, 2024 | jdsupra.com | Giovanna M. Cinelli |Kenneth Nunnenkamp

The Government Accountability Office (GAO) has issued its report on the national security implications of how the US government collects, shares, and considers foreign purchases and ownership of US agricultural land. It generally concluded the process suffers from significant gaps in information collection and timely information sharing with the Committee on Foreign Investment in the United States and other agencies, which may create, or have already created, unaddressed national security risks.

Jan 29, 2024 | morganlewis.com | Giovanna M. Cinelli |Kenneth Nunnenkamp

The Government Accountability Office (GAO) has issued its report on the national security implications of how the US government collects, shares, and considers foreign purchases and ownership of US agricultural land. It generally concluded the process suffers from significant gaps in information collection and timely information sharing with the Committee on Foreign Investment in the United States and other agencies, which may create, or have already created, unaddressed national security risks.

Jul 19, 2023 | jdsupra.com | Giovanna M. Cinelli |Kenneth Nunnenkamp

The Committee on Foreign Investment in the United States (CFIUS) caught some lawyers and businesses off guard in early May 2023 when it issued new Frequently Asked Questions (FAQ) indicating that staged transactions that provide springing rights are treated as complete as of the earliest date the equity interest is acquired. This has significant implications for sovereign wealth funds (SWFs) engaging in such deals.