Chinese companies continue to draw increasing regulatory scrutiny from the US government, which may now come in the form of government agency subpoenas. Most recently, the US Department of Commerce issued subpoenas in March 2021 to a number of Chinese companies requesting information and materials to determine whether they posed a threat to US companies, workers, and national security. We expect to see more subpoenas issued to Chinese companies from different industries, and the scope of the inquiry is expected to expand to other jurisdictions where the interests of Chinese companies may be indirectly impacted through subpoena requests.
While receiving a subpoena or inquiry from US regulators is never a welcome development, responding to changing global dynamics and preparing for the unexpected are key principles for managing the potential risks associated with such investigative activity.
We are pleased to offer a complimentary webinar on this topic for Chinese companies, focusing on the US government administrative and grand jury subpoenas frequently encountered by Chinese companies. We will share our best practices to help Chinese companies develop strategies to solve the dilemmas in receiving and handling US government subpoenas.
In association with the China General Chamber of Commerce -USA, this webinar will be hosted by a panel of speakers from Morgan Lewis, some of whom have been advising Chinese companies on US regulatory, investigation, and litigation cases for many years.