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National Security Insolvency United Kingdom

Akin Gump Strauss Hauer & Feld LLP

Updates to the UK National Security and Investment Act

Key Points - Following our Alert last month addressing the United Kingdom Government’s intentions to improve the workings of the National Security and Investment Act 2021 (NSIA), the U.K. Government has now published two new...more

Mayer Brown

Restructuring Downloaded: Episode 2

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In this episode Sheena Frazer and Nicola Hughes discuss The National Security and Investment Act 2021....more

K&L Gates LLP

UK National Security and Investment Act—Considerations for Sellers of Shares and Assets

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Executive Summary - The UK National Security and Investment Act (the Act) came into force on 4 January 2022, and applies to transactions that completed as of 11 November 2020. The Act is designed to govern arrangements that...more

Cooley LLP

UK Government Publishes First Market Guidance Notes on NSI Act

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On July 19, 2022, the UK government published its long-awaited Market Guidance Notes on the National Security and Investment (NSI) Act, based on an analysis of notifications received to date and feedback from stakeholders....more

BCLP

BEIS issues anticipated National Security & Investment Act market guidance notes

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Following on from its first annual report on the National Security and Investment Act (“NSIA”) in June 2022 ), on 19 July 2022 the UK’s Department for Business, Energy & Industrial Strategy (“BEIS”) published its first set of...more

Latham & Watkins LLP

National Security & Investment Act: Cold Comfort for Officeholders

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Insolvency officeholders may need clearance upon appointment to entity in an affected sector. The National Security & Investment Act (NSI Act) came into force in early January, and market participants might reasonably...more

Morrison & Foerster LLP

The National Security Investment Act 2021 and its Implications for Distressed Investments and Restructuring

The National Security Investment Act 2021 (the “Act”) came into effect on 4 January 2022 and introduced a new UK investment screening regime focused on national security risks (the “NSI Regime”). It is similar to the...more

Goodwin

National Security and Investment Act 2021 and Restructuring and Insolvency

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The National Security and Investment Act 2021 ("NSIA" or "the Act") came into force in the UK on 4 January 2022. NSIA expands the UK Government’s powers to scrutinise certain acquisitions and investments on national security...more

A&O Shearman

Implications of the National Security & Investment Act 2021 for distressed deals

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The National Security and Investment Act 2021 (the Act) came into force on 4 January 2022 and is expected to have significant consequences in the distressed environment, particularly in relation to the enforcement of security...more

BCLP

UK National Security & Investment Bill - the Potential Ramifications for Insolvency Practitioners

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The new National Security and Investment Bill, which aims to provide the Government with the necessary powers to scrutinise and intervene in business transactions to protect national security, will introduce a mandatory...more

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