Legal News

President Obama Sued by Chinese Company
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

President Barack Obama has been sued by a Chinese firm for ending its chance to construct wind farms near a naval training site. The firm, Ralls Corp, was having wind turbines installed close to a training site in Oregon. The training site is used to test unmanned drones. The company is owned by two Chinese nationals.

The president ended the project last week and ordered the company to sell the four wind farms because of risks to national security. The company has until December 27 to meet the demands. The lawsuit claims Obama went above his power by dictating the terms of the sale, by permitting the government to inspect all its operations and by treating the firm unequally.

  
What
Where


The order issued by Obama came after a recommendation was issued by the Committee on Foreign Investment in the United States (CFIUS). CFIUS was originally sued by Ralls Corp back in September because the company was forced to stop operations for a temporary basis while the probe was finished.

“It’s a very, very difficult case,” said Ivan Schlager. Schlager is a partner for Skadden, Arps, Slate, Meagher & Flom and is in charge of the firm’s CFIUS practice. “The statute was crafted to give the president a great deal of discretion and authority to act to protect the national security interests of the United States.”

Obama said that the Ralls Corp and the Chinese Sany Group executives who are the company’s owners could take actions that present a security risk to the United States. Obama said there was credible evidence for this fear.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Corporate, Mergers and Acquisitions and Securities Associate Attorney

USA-NY-New York City

New York City office of our client seeks corporate, mergers and acquisitions and securities associat...

Apply Now

Business Litigation Attorney

USA-CA-Santa Monica

Santa Monica office of our client seeks business litigation attorney with 1-3 years of experience. T...

Apply Now

Intellectual Property Litigation / Enforcement Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks intellectual property litigation / enforcement associate at...

Apply Now

Health Industry Advisory Associate Attorney

USA-CA-Los Angeles

Los Angeles office of our client seeks health industry advisory associate attorney with 3-5 years of...

Apply Now

RELEVANT JOBS

Litigation paralegal

USA-TX-Dallas

We are looking to immediately hire a responsible, highly organized, self-motivated litigation parale...

Apply now

Attorney

USA-TX-Dallas

Associate Attorney – 7 to 10 Years’ Experience - Dallas/Fort Worth   ...

Apply now

Associate Attorney

USA-TX-Dallas

Associate Attorney – 3 to 5 Years’ Experience - Dallas/Fort Worth   ...

Apply now

Litigation Attorney

USA-TX-Dallas

Litigation Attorney   Dallas, TX One of Texas\' largest Personal Injury Law Firms se...

Apply now

SEARCH IN ARCHIVE

To Top