Under the leadership of Ken Rivlin, A&O Shearman continues to advise clients on CFIUS filing obligations and transaction structuring across multiple industries, including semiconductors. Catherine Hein joined as partner from Latham & Watkins in February 2026 which has strengthened the firm’s offering.
CFIUS in United States
A&O Shearman
Principaux dossiers
Clifford Chance
Clifford Chance‘s growing CFIUS practice advises on CFIUS matters related to large, complex and high-profile deals. Karalyn Mildorf, whose arrival in February 2025 significantly bolstered the firm’s offering, co-leads the group with Renée Latour.
Principaux dossiers
Vinson & Elkins LLP
Vinson & Elkins LLP‘s CFIUS practice was strengthened with the hire of Randall Johnston in 2024, who is highlighted for her experience advising on preparing and filing CFIUS notices, negotiating mitigation agreements and assisting with compliance plans and procedures.
Principaux dossiers
Kirkland & Ellis LLP
Kirkland & Ellis LLP‘s Washington DC CFIUS team is a go-to for significant and high-stakes mandates, regularly assisting on large deals and bet-the-company matters. The group handles mandates which span strategic advice, political risk assessment, and regulatory counseling to filing and advocacy before CFIUS. Noted for its work on behalf of PE firms, the team is turned to by a variety of companies and investors in various industries, from energy, transport, and communications to aerospace and semiconductors. At the helm of the practice sits Ivan Schlager, whose wealth of CFIUS experience and particular strength in the defense sector bolsters the team’s offering. Having joined in 2025, John Kabealo is a key practitioner and leader in the team with experience presiding over complex transactions before CFIUS. Lucille Hague is highlighted for her knowledge of CFIUS considerations in fund formation and design. Mario Mancuso departed in October 2025.
Responsables de la pratique:
John Kabealo; Ivan Schlager
Autres avocats clés:
Lucille Hague; Erika Krum
Les références
‘The practice has a number of individual that have done extensive work on numerous CFIUS cases that involve countries from all over the world. They have excellent rapport with various departments in the USG. They also have a breadth of understanding of numerous technology areas.’
‘While each partner that I work with have different styles of working with clients, the one thing they all have in common is the ability to convey trust and that they leave nothing to chance and carefully consider all pertinent aspects of the case. These three partners are outstanding and I have dealt extensively with each of them: Ivan Schlager, John Kabealo, and Luci Hague.’
‘Ivan Schlager is extraordinarily connected, available, pragmatic and nice to work with.’
Principaux clients
Aecon Group Inc. (TSX: ARE)
BETA Technologies, Inc.
Foxconn Industrial Internet Co., Ltd
PIF
Renesas Electronics Corporation
Thoma Bravo / Qlik
Thoma Bravo / Venafi
Wendel
Principaux dossiers
Latham & Watkins
Latham & Watkins‘s highly capable team continues to field a considerable CFIUS workload, maintaining its strong reputation for handling a large portion of the CFIUS filings annually. With experience clearing deals in highly scrutinized sectors, the team handles complex and large transactions across sectors including energy, information technology, manufacturing, and finance, related to countries of interest. Les P. Carnegie, Damara Chambers, and James Barker co-lead the firm’s CFIUS and US national security practice from Washington DC. Carnegie has experience obtaining significant clearances for major clients of the firm. Chambers is noted for her broad expertise which covers negotiating significant national security agreements, and Barker is a go-to for large strategic companies, venture capital, and PE firms, and investment banks. Recent hires add to the government experience already boasted by the team, including Paul Rosen, who joined the team in 2025 and is highlighted for his prior experience as Assistant Secretary of the US Department of Treasury. Counsels Zachary Eddington and Ruchi Gill are also of note.
Responsables de la pratique:
Les Carnegie; Damara Chambers; James Barker
Autres avocats clés:
Paul Rosen; Zachary Eddington; Ruchi Gill
Les références
‘I believe it is one of the deepest CFIUS benches among all the firms. They have multiple partners who could themselves anchor the practice alone.’
‘They have a very good sense of seeing and understanding the business side of the equation, not just the regulatory CFIUS side. That makes a difference because it’s the biggest deal flow firm in the world, they also just see more deals than anyone else.’
‘They are really good at client relations, and the clients trust their judgment, not just their legal opinions.’
Principaux clients
Desktop Metal, Inc.
CyberArk Software
Bunge Ltd
Nippon Life Insurance Company
Energy Capital Partners
Terra-Gen, Energy Capital Partners
Entrust Corporation
Mawarid Investments Limited
Coherus BioSciences
Regulus Therapeutics
Siemens
Wolfspeed
RENK
Bosch
Desktop Metal, Inc.
CyberArk Software
Bunge Ltd
Nippon Life Insurance Company
Energy Capital Partners
Terra-Gen, Energy Capital Partners
Entrust Corporation
Mawarid Investments Limited
Coherus BioSciences
Regulus Therapeutics
Siemens
Wolfspeed
RENK
Bosch
Principaux dossiers
- Advised Desktop Metal, Inc. on CFIUS and trade controls matters in connection with its acquisition by Nano Dimension Ltd, which involved leading extensive negotiations with CFIUS and counsel for Nano on a National Security Agreement (NSA) in this deal, during which the Delaware Chancery Court ordered Nano Dimension to sign the NSA within 48 hours of the Court’s Order.
- Assisted US grains merchant manufacturer, Bunge Limited, in obtaining CFIUS approval for its completed US$34 billion merger with rival Viterra, and assisted the client in obtaining FDI approvals in 8 other jurisdictions globally for this transaction.
- Representing CyberArk Software Ltd., an Israeli publicly traded information security company offering identity management, in obtaining CFIUS approval in connection with the acquisition of Venafi Holdings.
Simpson Thacher & Bartlett LLP
The team at Simpson Thacher & Bartlett LLP is geared to support clients in assessing and minimizing CFIUS risk, seeking approval of large transactions with minimal or no conditions, and complying with mitigation agreements. Remaining a first port of call for the private equity industry, the practice stands out for its representation of large asset managers before CFIUS on high-profile and complex acquisitions and investments, while representing a wide range of corporations, financial investors, and sovereign wealth funds. The group demonstrates proficiency across an array of sensitive industries, including technology, semiconductor manufacturing, and telecommunications. It is particularly well-placed to advise China and Hong Kong-based companies and investment firms on responding to non-notified inquiries and negotiating mitigation agreements. Malcolm (Mick) Tuesley leads the national security regulatory practice and is very experienced in the CFIUS arena, having provided guidance on highly sensitive investments. Another key team member is Mark Skerry, who has experience securing CFIUS approvals in sensitive industries and negotiating complex mitigation measures. Jennifer Ho is also of note.
Responsables de la pratique:
Malcolm (Mick) Tuesley; Lynn Neuner; Jonathan Youngwood
Autres avocats clés:
Mark Skerry; Jennifer Ho; Claire DiMario; Abram Ellis
Les références
‘The team is one of the best in DC for handling CFIUS matters and more generally FDI questions. We have very often recommended it to our clients on very substantial transactions that had CFIUS implications.’
‘In every case, we were fully satisfied by the work done, the availability and dedication of the lawyers and outcomes of the mission. Last but not least, the team is a pleasure to work with.’
‘Mick Tuesley is a very well-known and good practitioner, fully available to jump in the most complex cases.’
Principaux clients
Antin Infrastructure Partners
Apax Partners
BC Partners
BlackRock, Inc.
Blackstone, Inc.
CBRE Group, Inc.
EQT AB
Francisco Partners
Global Infrastructure Partners
Goldman Sachs Group, Inc.
Hellman & Friedman LLC
IFM Investors
JPMorgan Asset Management
KKR & Co. Inc.
Macquarie Infrastructure and Real Assets (Macquarie Group)
Microsoft Corp.
Neuberger Berman Group LLC
New Mountain Capital
Oakley Capital
Primavera Capital Group
Rosebank Industries plc
Silver Lake Partners
Sixth Street Partners
SK Group
Stone Point Capital LLC
Stonepeak Infrastructure Partners
Tallgrass Energy Partners
The Carlyle Group
Turn/River Capital
Principaux dossiers
- Representing Zayo Group and investment funds affiliated with EQT AB in connection with the proposed acquisition of the Fiber Solutions and Small Cells businesses of Crown Castle in a combined transaction valued at approximately $8.5 billion.
- Represented investment funds managed by affiliates of Blackstone Inc. in connection with its take-private acquisition, together with Vista Equity Partners and other investors, of Smartsheet, Inc. in an all-cash transaction valued at approximately $8.4 billion.
- Represented Wells Fargo & Company on its agreement to sell the assets of its rail equipment leasing business to a newly formed joint venture between GATX Corporation and Brookfield Infrastructure for $4.4 billion.
White & Case LLP
White & Case LLP‘s team, which is ‘composed of highly-experienced experts’, acts on the full spectrum of CFIUS mandates. Assisting a diverse client base which includes sovereign entities and large companies, the group is regularly engaged to assess mandatory and voluntary filing obligations, structure and negotiate transactions to mitigate risks, develop CFIUS strategies and negotiate and advise on mitigation agreements and compliance. The team provides advice across a variety of industries and sectors, spanning financial services, aerospace and defense, technology and energy. Lauded for his long-standing expertise handling CFIUS matters, Farhad Jalinous leads the US national security/CFIUS practice. In April 2025, Laura Black joined from Akin, bringing deep experience leading CFIUS engagements related to transactions involving critical infrastructure, advanced technology and US industrial base assets. David Jividen is another key team member. Promoted to partner in January 2025, Ryan Brady is an active team member, utilizing prior government and private-sector experience to advise on all stages of the CFIUS process. Karalyn Mildorf departed in February 2025.
Responsables de la pratique:
Farhad Jalinous
Autres avocats clés:
Laura Black; Ryan Brady; David Jividen; Tim Sensenig; Wes Hutson
Les références
‘The CFIUS team at W&C provides practical, actionable advice. I particularly appreciate that they draw upon their own experience in the relevant government agencies.’
‘Farhad Jalinous is a great leader, focused, and practical. Wes Hutson is super responsive, and has very relevant government experience. Ryan Brady is responsive, and holds relevant experience.’
‘Highly responsive and knowledgeable, as well as proactive.’
Principaux clients
Airbus
Arm Holdings
CDH Investments
Deutsche Bank
EQT
Eurazeo
GIC
Lunate
Mubadala
Wärtsilä
Principaux dossiers
- Advised Safran on the national-security regulatory aspects of its approximately US$1.8 billion acquisition of Raytheon’s global flight-controls and actuation business, including complex CFIUS, FDI, and security-clearance considerations across multiple jurisdictions.
- Successfully obtained CFIUS clearance for Nomura in under 30 days in connection with its acquisition of Macquarie’s US public asset management business, a notably rapid outcome for a high-value transaction involving a highly regulated financial business with sensitive data considerations.
- Advised Toyota Tsusho Corporation on CFIUS due diligence, negotiation of US national-security-related transaction terms, and full management of the CFIUS filing and review process in connection with its approximately US$1.34 billion acquisition of Radius Recycling.
Cleary Gottlieb Steen & Hamilton
Cleary Gottlieb Steen & Hamilton is sought out by a client base spanning sovereign wealth funds, asset managers, and multinational companies, for assistance handling deals involving CFIUS assessments, and negotiating mitigation agreements. The team has demonstrated capabilities in the energy, semiconductors, and aerospace and defense sectors. Foreign investment and national security team head Chase Kaniecki has a proven track record filing CFIUS notices and negotiating mitigation agreements. B.J. Altvater has played an integral role in negotiating complex and significant national security agreements, with experience litigating a CFIUS outcome. Samuel Chang, who was promoted to partner in 2025, is another key attorney.
Responsables de la pratique:
Chase Kaniecki
Autres avocats clés:
B.J. Altvater, Samuel Chang
Les références
‘What sets Cleary Gottlieb’s CFIUS practice apart is the team’s ability to translate complex national security review risks into actionable, commercially sound advice that aligns with an investor’s strategic objectives.’
‘Chase Kaniecki and B.J. Altvater combine deep procedural knowledge of the CFIUS process with an acute understanding of how U.S. regulators assess foreign investment in sensitive sectors. Their work is practical, not academic, and consistently calibrated to real-world investor concerns, including timing, risk mitigation, and deal execution.’
‘What we value about this team is their early issue identification, clear communication, and strategic positioning of filings in a way that anticipates regulator expectations without compromising investment outcomes. They do not merely prepare notifications; they help shape the framing of transactions in a manner that reduces uncertainty and supports broader governance obligations.’
Principaux clients
Dow
Henkel
Synopsys, Inc.
Latour Capital
ABB
GVS S.p.A
ENI S.p.A.
Amundi S.A.
IMM Investment Corp
Kencoa Aerospace
Dooson Robotics
Principaux dossiers
- Advised Synopsys, Inc., a chip design and software firm, on global FDI and DCSA clearances in connection with its $35 billion acquisition of Ansys, an engineering and product design software firm.
- Advised Latour Capital in securing CFIUS approval for its acquisition of a majority interest in Systra, an engineering company specializing in rail and urban transport.
- Advised ABB in obtaining CFIUS approval for the formation of a joint venture with the Niedax Group to deliver advanced cable tray solutions and services to electrical contractors, distributors, and systems integrators across the United States.
Cooley LLP
The CFIUS, trade controls and government contracts practice group at Cooley LLP is highlighted for its expertise in post-closing CFIUS enforcement actions. While maintaining its strong reputation for representing technology and life sciences companies and their investors, the team is also capable of acting for various private and public companies, private equity firms and financial institutions, with core areas of expertise including defense and space technology. Christopher Kimball spearheads the offering, alongside his impressive counseling practice. Kevin King also advises clients on CFIUS issues, complementing his export control and trade sanction compliance expertise. With strong experience counseling clients, Dillon Martinson leads on CFIUS filings.
Responsables de la pratique:
Christopher Kimball; Dillon Martinson; Kevin King
Les références
‘The Cooley LLP CFIUS team is a team of the top experts. They take the time to learn and understand your business so that their advice is laser-focused on our particular needs. They are true experts in their field, with a wealth of knowledge and experience. I view them as an extension of our legal team.’
‘Kevin King has been a trusted advisor of our firm for 25+ years. He is able to take complex legal principles in the area of international trade and national security and help us apply them to our business. He is one of the best in the business.’
‘Cooley’s CFIUS practice stands out for its rare combination of deep technical expertise, strategic insight, and practical business understanding. Their team doesn’t just guide clients through the mechanics of the filing process; they anticipate concerns, simplify complexity, and handle sensitive issues with extraordinary professionalism. Their ability to navigate both the legal and policy aspects of national security reviews instills confidence, especially for companies balancing fast-moving transactions and foreign investment considerations.’
Principaux dossiers
Davis Polk & Wardwell LLP
Led by Paul Marquardt in Washington DC, the team at Davis Polk & Wardwell LLP is well-equipped to advise on the CFIUS aspects of complex, cross-border transactions. It leverages the firm’s wider M&A practice and is closely integrated with the firm’s established China practice. The group’s client base includes financial institutions and companies operating in the energy, pharmaceutical, aerospace and defense, and semiconductors sectors. Marquardt has long-standing expertise guiding companies through CFIUS reviews. Ben Joseloff joined in 2026, bringing with him prior government experience, and a focus on CFIUS aspects of cross-border transactions.
Responsables de la pratique:
Paul Marquardt
Autres avocats clés:
Benjamin Joseloff
Principaux clients
Inner Mongolia Yitai Group Co., Ltd.
Aerostar Airport Holdings LLC
Tencent Holdings Ltd.
Goldman Sachs Merchant Banking
TPG
Quanta Computer, Inc.
Nidec Corporation
Morrison Express Holding Corporation
ASMedia Technology, Inc.
The Shyft Group, Inc.
Altair Engineering
Arcadium Lithium
PIMCO
KOITO Manufacturing Co., Ltd.
Novo Nordisk
Sibanye-Stillwater
Sycamore Partners
Kiwoom Asset Management
Cleveland-Cliffs
Airbus
AssetMark Financial Holdings, Inc.
Principaux dossiers
- Advised on CFIUS matters in Tencent Holdings Ltd’s €1.16 billion investment in a new subsidiary of Ubisoft Entertainment S.A and other transactions.
- Obtained CFIUS approval for the $10.6 billion acquisition of a simulation software, artificial intelligence, high-performance computing, and data analytics solutions company, Altair Engineering, by Siemens AG.
- Obtained CFIUS approval for the $6.7 billion acquisition of Arcadium Lithium by Rio Tinto.
Hogan Lovells US LLP
Hogan Lovells US LLP‘s CFIUS practice, based in Washington DC, is noted for its expertise advising on complex jurisdictional and mandatory filing issues. The team is turned to by a varied client base, which includes US investors and start-up and early-stage technology companies. The group handles matters in sensitive industries, including aerospace and defense. Noted for her prior experience with the Treasury Department, Anne Salladin leads the CFIUS practice, alongside Brian Curran, who is particularly well-positioned to advise on matters at the intersection between CFIUS and export controls. Zachary Alvarez and Patrick Miller are other key team members.
Responsables de la pratique:
Ajay Kuntamukkala; Jonathan Stoel
Autres avocats clés:
Anne Salladin; Brian Curran; Zachary Alvarez; Patrick Miller
Les références
‘Anne Salladin and Brian Curran bring years of government experience to bear. Both offer sound advice and a steady hand at the tiller. Terrific lawyers and terrific people. CFIUS work typically involves collaboration between counsel to the transaction parties, and they are always highly collaborative.’
‘They don’t just deal with the straightforward transactions -the team has worked with us through entirely novel situations, dealing with CFIUS during a hostile takeover attempt, even testifying in a foreign court as a CFIUS expert!’
‘Brian Curran is our lead CFIUS expert and is ready, willing, and able to bring his extensive expertise and wisdom to the table when we need it.’
Principaux clients
Helsing GmbH
SES S.A.
Pantheon Ventures
Principaux dossiers
- Provided CFIUS advice to Helsing GmbH, a Germany-based artificial intelligence company that specializes in the production of software for drones with defense applications, in its proposed acquisition of Grob Aircraft SE, a German aircraft manufacturer and servicing company.
- Provided CFIUS advice to SES S.A. (‘SES’), a Luxembourg company, in connection with its proposed acquisition of Intelsat S.A. (‘Intelsat’). SES acquired Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l. for a cash consideration of $3.1 billion and certain contingent value rights.
- Provided advice to Pantheon, acting on behalf of its managed funds and accounts, on the applicability of the OISP regime to a variety of Pantheon investments, including acquisition of various limited partner interests.
Morrison Foerster
Leveraging the firm’s strong reputation for its technology expertise, the CFIUS team at Morrison Foerster stands out for its advice related to complex CFIUS requirements facing inbound tech investors, tech M&A, and full-service CFIUS counseling to large tech companies. Boasting practitioners with experience in private practice and government, the team advises on a full scope of CFIUS matters, and the firm’s regional knowledge assists the practice to identify and execute filing requirements and mitigate risks to deals. Based in Washington DC, co-chair of the national security group Brandon Van Grack provides advice on CFIUS implications of transactions. Charles Capito broadly assists US businesses to navigate the CFIUS process and has experience securing clearances in large, sensitive CFIUS cases. James Brower is another key practitioner, as is David Newman, who joined from the Department of Justice in March 2025.
Responsables de la pratique:
Brandon Van Grack; David Newman
Autres avocats clés:
Charles Capito; James Brower
Les références
‘Terrific new hires and group leadership such as David Newman, who brings a range of unique capabilities to the practice and really ups their game.’
‘David Newman has a very impressive background and great way with clients to provide thoughtful, commercial advice. Few people I would go to first before David for a CFIUS issue.’
‘James Brower is a standout due to his hands-on approach, technical expertise, and collaborative nature. He is very practical, collaborative, and always looking for mutually beneficial outcomes.’
Principaux dossiers
Skadden, Arps, Slate, Meagher & Flom LLP
With noted experience in the financial services, life sciences, and energy sectors, Skadden, Arps, Slate, Meagher & Flom LLP‘s team comfortably represents clients, which include public and private companies and institutional investors, in high-value transactions before CFIUS. Based in Washington DC, Michael Leiter leads the global national security practice and has a notable focus on aerospace and defense mandates. Leiter brings experience navigating national security reviews, including helping clients address potential national security concerns prior to engagement with CFIUS. Brian J. Egan is another active team member advising on the CFIUS aspects of large acquisitions and investments. Brooks E. Allen is another key attorney of note, as is Tatiana Sullivan.
Responsables de la pratique:
Michael Leiter
Autres avocats clés:
Brian Egan; Brooks Allen; Tatiana Sullivan
Principaux clients
Apollo Global Management, Inc.
American Express Global Business Travel
Brookfield Infrastructure Partners L.P.
Catalent, Inc.
CI Financial Corp.
D.E. Shaw Renewable Investments
Intelsat
Hanwha
Lenovo Group Limited
Mubadala Investment Company
Nokia Corporation
Scopely, Inc.
Principaux dossiers
WilmerHale
WilmerHale boasts a team that is well-equipped to handle challenging CFIUS matters, from participating in the review process and structuring transactions, to advising on filing obligations and strategy, and negotiating NSAs. The group acts for a wide range of clients including investment funds, venture capital firms, and manufacturers. Benjamin Powell co-leads the CFIUS practice from Washington DC, alongside Matthew Olsen, who joined in 2025. Powell has a strong track record guiding companies through complex CFIUS filings as part of large, international transactions. Jason Chipman is another active team member, as is Robert Kimmitt.
Responsables de la pratique:
Benjamin Powell; Matthew Olsen
Autres avocats clés:
Jason Chipman; Robert Kimmitt
Principaux clients
Univar Solutions
Intel Corporation
Principaux dossiers
- Advised Univar Solutions during the CFIUS review process when it was acquired by Apollo Global Management, a US private equity fund, and Abu Dhabi Investment Authority, a sovereign wealth fund owned by the Emirate of Abu Dhabi.
- Acting as strategic advisor and CFIUS counsel to Intel for a $9 billion transaction involving semiconductor memory technology.
DLA Piper LLP (US)
DLA Piper LLP (US)‘s growing bench of CFIUS practitioners draws upon the firm’s broader global footprint to offer various capabilities assisting clients with CFIUS matters. Co-chairs of the global CFIUS and FDI practices Christine Daya and Nicholas Klein are increasingly a go-to for sovereign wealth and investment fund clients. With expertise across a wide range of sectors, the team provides advice on matters related to CFIUS strategy, compliance, and non-notified reviews, regarding aerospace and defense, and emerging technologies including semiconductors and artificial intelligence. Notable 2025 arrivals Michael Walsh and Adam Vaccaro added valuable government experience to the team. Leonard Yoo and Pete Young are other key team members.
Responsables de la pratique:
Christine Daya; Nicholas Klein
Autres avocats clés:
Michael Walsh; Adam Vaccaro; Leonard Yoo; Pete Young; Matthew Larson
Les références
‘The DLA team has been extremely helpful when it comes to our CFIUS needs. They have a fundamental understanding of different dimensions of the committee, its requirements, processes, and expectations, which has allowed us to streamline our own processes.’
‘The DLA team benefits from having a deep set of industrial knowledge, particularly as it relates to national security-related sectors such as aerospace or advanced manufacturing, that enables our filings to be as precise as possible.’
‘Christine Daya and Matthew Larson are incredibly responsive, knowledgeable, and overall just pleasant to work with. One of the key factors for us is the ease with which a legal team can provide explanations of key concepts, which both do regularly with ease.’
Principaux clients
CBC Global Ammunition
Costar Technologies, Inc.
Ghost Robotics LLC
Hewlett Packard Enterprise
Mercedes-Benz Group AG
Sceye, Inc.
Stantec, Inc.
STORE Capital
TDK Corporation
Techstars Central LLC
Principaux dossiers
- Provided comprehensive CFIUS and transactional assistance to CBC Global Ammunition, helping secure CFIUS approval without mitigation despite the complex touchpoints with the US defense supply chain and global critical supply dynamics in certain sectors of the business.
- Secured CFIUS approval for Ghost Robotics in its acquisition by South Korean defense contractor LIG Nex1 Co., Ltd.
- Represented Hewlett Packard Enterprises in its sale of its Communications Technology Group global business to HCL Technologies, including leading the CFIUS and Global FDI analysis and filings in over 40 countries.
Freshfields
Freshfields is home to a team of dedicated practitioners with deep practical experience in the CFIUS process and policy expertise. Based in Washington DC but drawing on the firm’s global footprint, the team is well-versed to coordinate multi-jurisdictional filings. It has a proven track record of negotiating sensitive and complex mitigation agreements, and clearing transactions without mitigation. The group works across a range of industries spanning semiconductors, aerospace and defense. Widely respected practice head Aimen Mir brings significant experience running CFIUS. For advice throughout all stages of the CFIUS process, Christine Laciak is another go-to for clients, from due diligence and contract negotiations to risk assessments, notifications and reviews.
Responsables de la pratique:
Aimen Mir
Autres avocats clés:
Christine Laciak; Colin Costello
Les références
‘The team provides comprehensive assessment and evaluation of different options through the contribution of different backgrounds and experiences of its very experienced practitioners.’
‘Aimen Mir has an outstanding sense for informal aspects and intra-agency dynamics; always well-considered assessment, highly esteemed by C-level management. Colin Costello’s analysis and advice on national security aspects is based on a fast and excellent technical understanding of the underlying issues.’
‘The team is always on top of current or expected developments, both as regards applicable regulations, their handling by the authorities and the key individuals that influence governmental processes. Excellent technical and industry understanding.’
Principaux clients
Infineon AG
Hewlett Packard Enterprise Company
Honeywell International Inc.
One Equity Partners
Volkswagen AG
Zuora, Inc.
Suzano S.A.
ABB Ltd.
Quantinuum
Alphabet
Abu Dhabi National Oil Company
Principaux dossiers
- Represented HPE on its $14 billion acquisition of Juniper Networks Inc.
- Advised Brazilian pulp and paper manufacture Suzano S.A. in connection with the CFIUS aspects of its investment in Austrian fibres company Lenzing AG.
- Advised Abu Dhabi National Oil Company on several transactions in the last year, including in its acquisition of German Covestro for approximately $16.4 billion.
Steptoe LLP
As part of the broader international trade and regulatory compliance group, Steptoe LLP‘s CFIUS team has capabilities navigating complex reviews, mitigation negotiations and jurisdictional strategy across a wide range of sectors, including semiconductors, AI and defense, as well as energy, data infrastructure, and emerging technologies. The group’s advice extends to assisting clients to respond to non-notified inquiries, including related to sensitive jurisdictions. The highly active Brian Fleming and Evan Abrams lead the team.
Responsables de la pratique:
Brian Fleming; Evan Abrams
Les références
‘Close support and collaboration. Steptoe’s lawyers are more hands on than other firms; they give tailored and expert advice, but make their clients a priority.’
‘The Steptoe team truly has a broad depth of critical relationships to handle these sensitive matters. There work is always thorough and their insight is unparalleled.’
‘Brian Fleming is a true relationship partner that is dedicated to providing intended outcomes.’
Principaux dossiers
Akin
Underpinned by the firm’s global presence and broader government relations practice, Akin‘s CFIUS offering is well-positioned to assist clients to navigate CFIUS risks in sensitive transactions and with sensitive jurisdictions. The team has knowledge across industries including aerospace and defense, data and cybersecurity, and energy. Christian Davis steers the CFIUS practice, with a focus on CFIUS risk management during mergers, acquisitions and divestitures. Promoted to partner in 2025, Katherine Padgett is another key attorney who has experience representing clients in formal CFIUS proceedings. Laura Black departed in 2025.
Responsables de la pratique:
Christian Davis
Autres avocats clés:
Katherine Padgett; Opher Shweiki; John Hannon
Les références
‘The lead partner, Christian Davis, has plenty of experience on CFIUS. He is also pragmatic and is able to speak from experience, and help the clients with practicality, rather than the law.’
‘I like that there is diversity in the team. They can feedback on board and are keen to work in partnership.’
‘This practice is distinguished by deep subject-matter expertise, strong commercial judgment, and consistently high responsiveness. The team delivers advice that is practical, well-calibrated to client needs, and clearly communicated. Compared to other firms, coordination across partners and associates is notably strong. I appreciate Akin’s collaborative staffing model and effective delegation, which maintains quality while improving turnaround times. Potential clients would value the team’s ability to anticipate issues and provide clear, actionable guidance.’
Principaux clients
Nippon Steel
Principaux dossiers
- Represented a group of ad hoc lenders in connection with a Chapter 11 restructuring of the target company, a provider of oncology services, which was subject to the terms of an National Security Agency (NSA) with CFIUS based an earlier transaction involving a Chinese investor, which required substantive outreach and reporting to CFIUS prior to the completion of the restructuring.
- Advised a newly launched Abu Dhabi-based alternative investment firm with over $105 billion in assets under management, on the CFIUS considerations associated with its September 2023 launch as well as the CFIUS implications arising from its multiple subsequent general partner stakes transactions and limited partner investments.
Baker McKenzie
Leveraging Baker McKenzie‘s international presence, the team, which forms part of the global trade compliance practice, is capable of advising on the CFIUS aspects of large, multi-jurisdictional transactions across various sensitive industries, including semiconductors and defense. It is a strong choice for companies seeking advice on CFIUS filing strategies, and compliance with, and negotiation of, mitigation agreements. The ‘excellent’ Rod Hunter is noted for his experience as White House lead and has a strong track record before CFIUS. Sylwia Lis is another active senior partner who is also a strong choice for advice on CFIUS implications and strategy as part of corporate transactions. Lise Test and Alexandra Kumar are other key team members.
Autres avocats clés:
Rod Hunter; Sylwia Lis; Lise Test; Alexandra Kumar
Les références
‘Rod Hunter and the CFIUS team at Baker McKenzie are the best in the business. I have worked with others and the deep expertise that Rod possesses, experience and relationships in both government and industry, and the ability to understand the impact on the business is truly exceptional.’
‘Rod Hunter maintains close engagement, understands the business, and is expert at the nuances and the key players in the government negotiating and monitoring CFIUS agreements.’
‘Detailed understanding of the nuances of regulations and statutes, coupled with strong relationships with the key people in the government responsible for CFIUS. Also, strong understanding of the business side and how companies can manage implementation in a cost effective and efficient manner.’
Principaux dossiers
Dechert
With a well-established domestic and international client base including sovereign wealth funds and investors, the Dechert CFIUS practice deals with a variety of complex matters, in sensitive industries and jurisdictions. Key services include pre-transaction due diligence, structuring, CFIUS strategy, and filing. The team also negotiates NSAs with CFIUS where necessary, with a proven track record of doing so with minimal delay and conditions. Exemplifying this in particular is Jeremy B. Zucker, who is chair of the firm’s national security practice. Supporting Zucker is Hrishikesh Hari, who has notable experience advising on CFIUS considerations related to high-profile transactions. Darshak Dholakia departed in March 2025.
Responsables de la pratique:
Jeremy Zucker; Hrishikesh Hari
Les références
‘Dechert has a very strong CFIUS team led by long-time CFIUS practitioner Jeremy Zucker. In my dealings with them, they are very responsive, very knowledgeable about the CFIUS regulations, and provide excellent and informative analysis.’
‘The CFIUS team often takes on leadership positions within the CFIUS bar, such as hosting CFIUS bar events, and engaging in follow-up research on issues of general interest to the bar. It is a pleasure to work with them.’
‘Jeremy Zucker, in particular, is incredibly responsive and knowledgeable. Hrishi Hari is also very well respected in the bar and a pleasure to work with.’
Principaux clients
Grindr
NineStar Holdings Company Limited
NAMSA/Archimed
Mercury Systems Inc.
Principaux dossiers
King & Spalding
Investors and multinational corporations turn to the team at King & Spalding for CFIUS filings and advisory work related to investments, takeovers and capital raises. The team has a focus on clients operating in energy, infrastructure, real estate, and technology sectors, but is highlighted for its specialist knowledge in matters related to hyperscale data centers. Christine Savage leads the firm’s CFIUS, export controls and sanctions practice from Washington DC, with core strengths in fintech, aerospace and defense. With ‘vast experience and connection within the regulatory circle’, Philip Ludvigson is an active and key CFIUS advisor, with notable expertise leading large transactions. Jamieson Greer departed in February 2025.
Responsables de la pratique:
Christine Savage
Autres avocats clés:
Philip Ludvigson
Les références
‘Phil Ludvigson has unique expertise to counsel clients on CFIUS matters, based on his experience as a senior leader of CFIUS during a formative phase of its existence and growth. This kind of firsthand knowledge is difficult to replicate from experience in the bar alone.’
‘Philip Ludvigson has been instrumental in the formulation and execution of our CFIUS strategy. His vast experience and connections within the regulatory circle have proved to be critical in how we assess investments in the US and how we can maintain compliance amid a changing regulatory landscape.’
‘Philip Ludvigson addresses our questions directly and doesn’t beat around the bush.’
Principaux clients
Arcapita
Instar Asset Management
Kodiak Gas Services, Inc.
Source Capital LLC
Principaux dossiers
- Advised Arcapita in its acquisition of a controlling stake in Trustpoint, which involved a thorough analysis to determine whether filings were necessary or advisable with CFIUS.
Paul Hastings LLP
Paul Hastings LLP‘s team advises a client base which includes foreign acquirers and US sellers, regarding CFIUS outreach after non-notified transactions, as well as providing pre-transaction counseling. The team’s experience in the technology sector is highlighted. At the helm is Keith Schomig, who is a highly regarded CFIUS practitioner, with expertise in strategic planning, risk assessment, filing and mitigation negotiation. Scott Flicker has retired.
Responsables de la pratique:
Keith Schomig
Principaux clients
AssetMark Financial Holdings, Inc.
MGX (Cerebras)
CPX (Spidersilk)
CWT (Amex GBT)
Cellebrite (Corellium)
Principaux dossiers
- Acting as CFIUS counsel for AssetMark Financial Holdings, an asset management platform, supporting all of the company’s M&A and strategic investment activity including working with the company and the U.S. government to secure termination of the mitigation agreements following the closing of AssetMark’s merger with a fund controlled by another client.
- Engaged by TCL Zhonghuan Renewable Energy Technology Co., Ltd. to advise on the strategic planning for a potential CFIUS review and clearance process.
- Advised CPX, an Abu Dhabi company ultimately owned by G42, in its acquisition of Spidersilk Inc., a BVI company with a US subsidiary, which included conducting a full CFIUS assessment and concluded that a CFIUS filing was not recommended based on the overall risk profile and scope of operations of the US subsidiary and CPX.
Pillsbury Winthrop Shaw Pittman LLP
Pillsbury Winthrop Shaw Pittman LLP‘s CFIUS team regularly counsels clients in the semiconductor, defense, and energy sectors on mandatory and voluntary filings, mitigation strategies and structuring transactions. Nancy Fischer leads the national security practice and the regulatory business unit and advises on CFIUS reviews. Matthew Rabinowitz is an active member of the team who focuses on CFIUS clearances. With a focus on FOCI and CFIUS matters in the defense and advanced technology industries, Benjamin Cote is a particularly strong choice for international clients.
Responsables de la pratique:
Nancy Fischer
Autres avocats clés:
Matthew Rabinowitz; Benjamin Cote; Christopher Wall
Les références
‘This practice is unique because they can handle all aspects of the CFIUS, export control, and sanctions processes. It is rare to find a practice that can engage deeply on each of these areas.’
‘The team delivers actionable advice and demonstrates excellent judgment in complex or novel matters.’
‘As a client we value the team’s responsiveness, senior-level involvement, and ability to cut through complexity to align legal advice with business objectives. Compared to other firms, the practice stands out for its efficiency and collaborative working style.’
Principaux clients
Identiv, Inc.
Klas Government, Inc.
Macquarie
Nano Dimension
Techpoint
Principaux dossiers
- Represented a U.S.-based fabless semiconductor company in a $390 million acquisition by a Taiwanese-based acquirer.
- Served as an expert witness in a state court case opining on the CFIUS process and mitigation measures.
- Advised a FOCI-mitigated advanced networking and compute technology on its sale to a prospective buyer.
Reed Smith LLP
Reed Smith LLP‘s team assists with filings and ongoing compliance mandates, including related to complex, cross-border, and technology-driven foreign investment matters. The group assists a client base which includes large companies operating in sectors ranging from energy, manufacturing, and transportation, to AI, financial services, and retail. Washington DC-based practice head Michael Lowell is a key advisor on major CFIUS-reviewed transactions, with a proven track record addressing concerns tied to investments owned by sensitive jurisdictions. Lowell’s experience on non-notified transactions and negotiating mitigation agreements is highlighted.
Responsables de la pratique:
Michael Lowell
Les références
‘The team is technically strong, has relevant experience, is diligent, and very knowledgeable about the subject of CFIUS. They communicate well, take time to understand the situation accurately, and offer advice and guidance intended to protect our interests.’
‘The team is extremely responsive and very practical. They combine excellent technical knowledge with deep understanding of our business to present truly relevant and risk based advice.’
‘In working with the team, I valued their clear communication and sincere interest in making sure that our best interests were protected. I also valued their expertise and had full faith in their recommendations.’
Principaux dossiers
Weil, Gotshal & Manges LLP
Weil, Gotshal & Manges LLP‘s team leans on the firm’s wider M&A and private equity offering to advise public and private companies, private equity funds, and sovereign wealth funds on a range of CFIUS issues. The team’s knowledge spans the technology, manufacturing, energy, and financial services sectors. Based in Washington DC, Shawn Cooley spearheads the offering and stands out for his extensive government experience. Antonia Tzinova, who joined the firm in October 2025, has a background representing clients before CFIUS.
Responsables de la pratique:
Shawn Cooley
Autres avocats clés:
Antonia Tzinova
Les références
‘Shawn Cooley, with his background with the USG, excels at providing excellent, in depth, and thoughtful analysis of the law and CFIUS process, having particular expertise in critical infrastructure matters. Few other private practitioners have this level of expertise on these issues.’
‘Shawn Cooley has seen CFIUS handle numerous cases and can be counted on to provide an excellent sense of how individual agencies will approach a particular CFIUS case. This kind of insight is invaluable to clients who may view CFIUS as a black box.’
‘Shawn Cooley is a pleasure to work with.’
Principaux clients
Advent International, LP
Apollo S3 Investment Management, L.P.
British Columbia Investment Management Corporation
Brookfield Asset Management Ltd.
ChampionX Corporation
Clayton, Dubilier & Rice, Inc.
EQT Partners AB
Goldman Sachs Alternatives
Lone Star; LSF XI Investments, LLC
L’Oreal USA, Inc.
NWS Holdings Limited
PSG
Sanofi S.A.
Seven2
Vitaprotech
Viterra
Principaux dossiers
- Advised Glencore PLC, Canada Pension Plan Investment Board and British Columbia Investment Management Corporation, as the shareholders of Viterra Ltd, a distributor of agriculture products offering grains, oilseeds, pulses, rice, sugar, and cotton, on all CFIUS aspects of its approximately $18 billion ($6.2 billion in stock, $2 billion in cash and $9.8 billion assumption of debt) business combination with Bunge Ltd, a global agribusiness and food company that buys, sells, stores, transports, and processes oilseeds and grains to make protein meal for animal feed and edible oil products for commercial customers.
- Advised Sanofi on all CFIUS aspects of its tender offer to acquire Blueprint Medicines Corporation, a publicly traded biopharmaceutical company specializing in systemic mastocytosis (SM) for an equity value of $9.5 billion including potential CVR payments.
- Advised a consortium of investors led by Advent International and Corvex Private Equity and including several family offices, on all CFIUS aspects of its $1.3 billion pending acquisition of Heidrick & Struggles International, Inc., a provider of global leadership advisory and on-demand talent solutions.