[bobsunshine]

Again, the law says:

Once CFIUS has received a complete notification, it begins a thorough review of the notified transaction. In some cases, it is necessary to undertake an extended review or "investigation." An investigation, if necessary, must begin no later than 30 days after receipt of a notice. Any investigation is required to end within 45 days..

The Deal didn't bypass Anything. The INVESTIGATION, IF REQUIRED, must be completed within 45 days. Where am I wrong?

[Stepan12]

The Deal didn't bypass Anything. The INVESTIGATION, IF REQUIRED, must be completed within 45 days. Where am I wrong?

Okay! But don't you think a 45 day investigation is required in a transaction of this nature?

[atlaw]

"Investigation" is a defined term (an "extended review"). Thus, the first sentence pertains to the initial review, and the language you placed in bold pertains to the "investigation," which must commence "no later than 30 days after receipt of a notice."

In the present case, the initial 30-day review began on Dec. 16, 2005, when DP World filed its formal notice with Treasury, and ended on Jan. 17, 2006, when CFIUS reported its non-objection to the deal.

The administration position is that the 45-day "investigation" (or extended review) period was not triggered because there were no national security implications.