Pending CFIUS Filing: COSCO SHIPPING Holdings Co., Ltd. (China) and Orient Overseas (International) Ltd. (Hong Kong SAR, China) Status: Pending   Acquirer: COSCO SHIPPING Holdings Co., Ltd. (China) Acquired: Orient Overseas (International) Ltd. (Hong Kong SAR, China) Value: Approximately HK$49.23 billion (approx. US$6.3 billion) Industry: Transportation; Logistics On July 25, 2017, COSCO SHIPPING Holdings Co., Ltd., an international ocean container shipping company incorporated in China, filed a regulatory announcement on the Hong Kong Stock Exchange, stating that its proposed tender to acquire the outstanding shares of Hong Kong based ocean container shipping company Orient Overseas International Ltd (OOIL), the parent company of Orient Overseas Container Line, stated that CFIUS approval was required for the implementation of the transaction. View Full Post
Cryptocurrencies and blockchain technology are rapidly emerging as disruptive technologies. As has happened with many new technologies, particularly disruptive ones, a patent arms race is occurring. The number of patents being filed for these technologies is rapidly increasing. The number of published applications shows roughly a tenfold increase over the number of issued patents. View Full Post
Following up on my post from earlier this week, the Florida Senate Health committee unanimously passed SB 1134 which would strip out the requirement that black farmers who want to obtain a coveted medical marijuana license be a member of the Florida Chapter of the Black Farmers and Agriculturalists Association (which has closed its membership). View Full Post
How to Navigate the Big Data Revolution? Read “Data, Data Everywhere” – Part of Crowell & Moring’s 2018 Litigation Forecast Crowell & Moring has issued its “Litigation Forecast 2018: What Corporate Counsel Need to Know for the Coming Year.” With the development of artificial intelligence, chat bots, the Internet of Things, autonomous vehicles, and other advances in technology, the cover story, “Data, Data Everywhere,” takes a deep dive into the opportunities and challenges general counsel face in navigating the Big Data revolution. View Full Post