Covington Named IFLR’s CFIUS Team of the Year

WASHINGTON—IFLR has named Covington the CFIUS Team of the Year at its IFLR Americas Awards 2022. IFLR’s Americas Awards focus on innovation in cross-border transactions, with a spotlight on deals that break new legal ground, set precedent, and bring clarity to, or develop, the legal environment for cross-border corporate finance.

Covington is widely recognized as having a preeminent practice advising both U.S. and non-U.S. firms on the national security review process undertaken by CFIUS, as well as parallel national security review processes in the telecommunications and defense sectors. The firm has handled among the most complex cases that have resulted in framing the templates for CFIUS reviews in a range of industries, including aerospace, defense, cybersecurity, software, information technologies, semiconductors, telecommunications, energy, insurance and financial services, shipping, data and travel, and chemicals.