and the longer review and investigation periods are intended to obviate the frequent need for withdrawals and refilings of CFIUS notices to “restart the clock.”
FIRRMA expanded the overall CFIUS timeline to 90 calendar days by lengthening the first stage of the process (the “review” stage) from 30 to 45 calendar days. Treasury noted that it expected the added time in the review stage to enable CFIUS to clear more cases in review. In other words...