Three months have passed since the White House released its Executive Order (EO) on Cybersecurity and, as cyber attacks continue to pose an imminent threat, the focus has shifted to Congress to take legislative action. From the recent debate on the Hill, it is apparent the critical element for successful legislation is striking the
Keller and Heckman LLP
Executive Branch and Congress Respond to Cybersecurity Executive Order
Following President Obama’s State of the Union address on February 12, the White House released its much-anticipated cybersecurity executive order, Improving Critical Infrastructure Cybersecurity. The EO was an opportunity for the Administration to address widely acknowledged cyber threats to domestic critical infrastructure and to clarify Executive Branch authority to respond fully to cyber-attacks by…
President Signs Law Easing Export Restrictions on Satellites
On January 2, 2013, President Obama signed the National Defense Authorization Act for Fiscal Year 2013, which, in relevant part, authorizes the Administration to ease export restrictions on satellites and related products. Our entry of November 30, 2012, addressed the efforts underway to ease export controls on a variety of sensitive technologies and products, emphasizing…
Export Restrictions on Telecom Equipment and Technologies May Be Relaxed in 2013
The United States prohibits the export of a broad range of telecom equipment, systems and technologies if the exporter does not first obtain a government license. Controlled telecom products can be as diverse as parts and components, network equipment, encryption technology and satellites. Failure to comply with export control restrictions can result in a fine…
CFIUS – THE GOVERNMENT’S “NAVY SEALS” OF TRANSACTION REVIEW?
Don’t let the Committee on Foreign Investment in the United States (“CFIUS”) be your 3:00 AM phone call after your sale of telecom or information technology assets to foreign investors has closed.
CFIUS “is an inter-agency committee authorized to review transactions that could result in control of a U.S. business by a foreign person ……