https://www.taxtmi.com/news?id=29576 Companies sued after the President blocked a proposed foreign acquisition on asserted national security grounds following an interagency impasse; the complaint alleges the action was politically motivated and violated due process. The transaction included corporate commitments to domestic investment and production covenants, which the plaintiffs contend undercut the asserted security rationale, and the suit challenges the President's exercise of statutory authority after referral by the interagency review process. en-us Mon, 06 Jan 2025 18:16:03 +0530 Mon, 06 Jan 2025 18:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=29576 Companies sued after the President blocked a proposed foreign acquisition on asserted national security grounds following an interagency impasse; the complaint alleges the action was politically motivated and violated due process. The transaction included corporate commitments to domestic investment and production covenants, which the plaintiffs contend undercut the asserted security rationale, and the suit challenges the President's exercise of statutory authority after referral by the interagency review process. News - Mon, 06 Jan 2025 18:16:03 +0530 https://www.taxtmi.com/news?id=29576