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Bringing More Due Process to CFIUS: An Overview of the D.C. Circuit's Opinion in Ralls
Tuesday’s opinion in Ralls v. Committee on Foreign Investment in the United States came as quite a surprise. For the first time, a federal court considered the relationship between due process, on the one hand; and, on the other, the Committee on Foreign Investment in the United States (CFIUS), an interagency mechanism with which the executive branch reviews foreign acquisitions of U.S.