Washington, D.C. – Phillips Lytle LLP Attorney James Kevin Wholey will serve as moderator on the West LegalEdcenter live webcast titled, “Negotiable Hostilities – Part II: Telecom Deals With Foreign Investors in the Current Administration.” The webinar will take place on Wednesday, July 1st at 10:00 a.m.
The discussion addresses recently expanded U.S. regulation of foreign entry into U.S. telecommunications markets, with emphasis on national security and protection of the U.S. digital supply chain.
Topics will include the practical implications (including transaction delays and retroactive revocation) of the expansion of the current “Team Telecom,” a multiagency group currently consisting of the FCC, the DOJ and Homeland Security that assists the FCC in review of foreign applicants seeking U.S. telecom entry and licensing authorization to a newly created Committee for the Assessment of Foreign Participation in the U.S. Telecommunications Services Sector.
The panel will also discuss the implications of the Commerce Department’s proposed ICTS Supply Chain regulation, the recently codified Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) regulations (expanding CFIUS review), and other governmental entry barriers into U.S. telecommunications and digital infrastructure.
In particular, the program will address how the new Committee, as well as other expanded foreign entry regulations, could (or perhaps already have) affect the foreign investment climate, and how U.S. policy has shifted from that of a “free market” to one viewing foreign investment as a potential national security threat – especially as it concerns China and other adversarial sovereign entities.
Mr. Wholey has broad experience at the intersection of federal government, national security and international business. His specific focus is on the legislative, policy and compliance issues involved in international investment, trade and business development. Through his international business and federal government relations practice, he assists clients with transnational compliance matters (Foreign Corrupt Practices Act, EAR, ITAR, export licensing and involvement with various sanctions regimes), and works frequently with the administration and Capitol Hill. He spent more than a decade as a senior staff member for several U.S. senators, including three years as chief of staff to then-Senate Leader Bob Dole (R-KS), for whom he also handled trade and telecommunications issues.
For more information, or to register, visit: https://westlegaledcenter.com/program_guide/course_detail.jsf?videoCourseId=100283929.
Phillips Lytle LLP is a preeminent law firm that is recognized nationally for its legal excellence. With offices across New York State and in Chicago, IL; Washington, D.C.; and Canada, our attorneys serve a multinational client base, including Fortune 1000 companies, global and regional financial institutions, not-for-profit organizations, middle-market companies, startups, entrepreneurs and individuals on important matters affecting their businesses and personal wealth. For more information, visit phillipslytle.com.
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