The Ralls Case: Why CFIUS and the Court Got It Right examines the President's determination, based on a CFIUS recommendation, that national security concerns warranted the issuance of a divestiture order of Ralls Corporation's acquired interest in four wind farm project companies in Oregon. The article also reviews the decision of the US District Court in the legal challenge that Ralls brought in response to the President's order. The article argues that the President and CFIUS were right to block the transaction and that the President was within his legal authority to take such action. The article further argues that the court decision affirming the President's authority is, to date, correct.
Global Trade and Customs Journal