Ralls Ruling Could Open Door To Other CFIUS Challenges

Law360, New York ( July 18, 2014, 10:59 AM EDT) -- On July 15, the U.S. Court of Appeals for the District of Columbia held that the president violated the constitutional due process rights of Ralls Corp. when he blocked Ralls' acquisition of a wind farm project. In particular, the court held that Ralls was entitled to be provided with notice of the intended divestment order, access to the unclassified evidence on which the president's decision was made, and a chance to refute that evidence....

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