Hunton Retail Law Resource

As reported on the February 7, 2019 posting to the Hunton Privacy & Information Security Law Blog, at least one class action lawsuit has been filed that expressly references the CCPA.

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Historically, foreign investors in U.S. retailers have not considered as a potential impediment to raising capital or M&A activity the clearance of such transactions under the foreign investment regulations administered by the Committee on Foreign Investment in the United States (CFIUS or the Committee). Recent actions by CFIUS, however, suggest that foreign investment in any U.S. company, including retailers, that collects sensitive personal data of U.S. citizens is at potential risk of CFIUS review and remedial action, particularly where the transaction involves Chinese investors.