National Security

Skadden’s National Security Group is well known among law firms for its sizeand sophistication. Our attorneys, many of whom served in national security andforeign policy positions in the U.S. government, have successfully representedclients in many of the most significant and complex transactions, compliancematters and government investigations implicating U.S. national security, foreign
policy and international trade. We provide clients with a holistic approach torepresentations, with seamless coverage on the full range of national security
regulatory matters, including those involving CFIUS and non-U.S. foreign direct
investments (FDI); sanctions, AML and export controls; cybersecurity and data
privacy; international trade; and government contracts. Our group also plays asignificant role in Skadden’s cross-cutting practices in government investigations,aerospace and defense and artificial intelligence. Skadden is recognized byChambers USA as having a “strong national security practice housing respected
practitioners who offer in-depth expertise on matters such as compliance,reviews and investigations.”

CFIUS

Non-U.S. Foreign Direct Investment ReviewsSkadden is one of few large law firms with integrated CFIUS and corporate practices. We counsel clients — companies, private equity funds,
venture capital firms, and sovereign wealth and other government-related
funds — on structuring and negotiating transactions to anticipate andaddress regulatory concerns in the earliest stages of transaction planning. The group holds deep knowledge and experience in numerous
industry sectors, including technology and telecommunications, energy,
real estate, financial services, health care and pharma, manufacturing,natural resources, transportation, critical infrastructure, consumer goods,robotics and autonomous systems, vehicle manufacturing, travel andleisure, chemicals, aerospace and defense and government services. We
also advise clients on the scope of forthcoming restrictions on inbound
U.S. investment. Additionally, we provide counsel and representation toclients on matters before “Team Telecom,” the executive branch groupthat advises the Federal Communications Commission (FCC) on national
security implications related to FCC licenses. We have been repeatedly
recognized by Chambers USA and Chambers Global for both International Trade: CFIUS Experts and Corporate M&A, with the guidehighlighting the firm’s “work with a diverse collection of U.S. and international companies, aided by its phenomenal strength in M&A.”

We represent clients in every significant non-U.S. FDI national
security and national interest review process, from Canada and theU.K.; to France, Germany, Italy, Spain and numerous other European
Union jurisdictions; to Russia, Australia, Japan, Korea, China, India
and other Asia Pacific jurisdictions. We provide a seamless and coordinated approach to CFIUS and FDI filings and advocacy, helpingour clients identify and seek resolution of issues early to avoid delay
and uncertainty in transactions.
Economic Sanctions

Global financial institutions and multinationals across a broad range
of industries and sectors — including investment funds, technology,energy, Web3 and digital assets, insurance, telecommunications,logistics and manufacturing — look to Skadden to advise themon sensitive and complex compliance and enforcement matters
involving U.S., U.K. and European Union financial and economic
sanctions laws and regulations. We partner with clients to develop
or enhance their sanctions compliance programs and to conduct
internal investigations. We regularly represent clients before every
sanctions regulatory and enforcement agency in the United States

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Continued— including the Office of Foreign Assets Control (OFAC), the U.S.
Department of State, the U.S. Department of Justice, the Board ofGovernors of the Federal Reserve System (the Federal Reserve),
the Office of the Comptroller or the Currency (OCC) and the New
York Department of Financial Services — and in key jurisdictions inEurope. We also have substantial experience with post-enforcement
remediation matters and monitorships. As part of our transactional
work for clients, we identify and manage “deal-stopping” sanctions
and anti-money laundering (AML) regulatory issues at an early stage— or before entering into a transaction — and monitor these mattersthrough the life of a transaction. We also represent corporate boards
and senior employees in sanctions and AML compliance and enforcement matters, both civil and criminal.
Anti-Money Laundering

We advise global financial institutions, payment service providers,
digital asset service providers and other multinational companies on
all aspects of global AML compliance and enforcement matters, from
AML program reviews and enhancements to internal investigations
and defense of enforcement actions. Our matters involve complex
questions related to the applicability of U.S. federal and state AML
regulatory regimes to a broad range of clients and industries. We
also have substantial experience helping our clients prepare for andrespond to regulatory inquiries and examinations, and we interact onbehalf of clients with officials at every major federal and state financial services regulator in the U.S., including the Financial Crimes
Enforcement Network (FinCEN), the U.S. Department of Justice, thefederal banking regulators, the Securities and Exchange Commission(SEC), the Commodities Futures Trading Commission (CFTC) andthe Internal Revenue Service (IRS). Additionally, we represent clientsin compliance and enforcement matters involving financial services
regulators in the U.K. and many European jurisdictions.
Export Controls

Skadden has wide-ranging experience in matters involving U.S.
export controls requirements under the International Trafficking
in Arms Regulations, the Export Administration Regulations andthe regulatory regimes administered by the Department of Energy
and Nuclear Regulatory Commission. We provide clients withguidance and advice on increasingly complex export controls rules
and requirements, including issues related to compliance policies
and programs, screening, licensing, classification and scope andjurisdictional questions. We interact routinely with regulators fromthe Department of State’s Directorate of Defense Trade Controls(DDTC), the Department of Commerce’s Bureau of Industry andSecurity (BIS) and their counterparts in key jurisdictions in Europe.

Additionally, we regularly represent U.S. and international companies in civil and criminal export enforcement actions and inquiries.
Cybersecurity and Data Privacy

Skadden’s multidisciplinary Cybersecurity and Data Privacy Practiceassists clients in navigating the rapidly evolving cybersecurity,
privacy and technology landscapes. Our team serves as a global
one-stop shop for our clients’ cybersecurity, incident response, dataprotection, privacy and related AI challenges. As seasoned “breachcoaches,” we provide practical, technical and operational guidance during and after ransomware and other cyber events based on
first-hand experience managing the full spectrum of cyber and data
privacy threats and incidents. Skadden addresses the complex issues
at the intersection of technology, cybersecurity, privacy, intelligenceand law enforcement.
International Trade

Skadden represents clients worldwide on matters involving international trade in goods, software, technology and services, helping clientsmanage the risks and maximize the opportunities of an increasingly
complex and challenging international trade landscape. We routinely
advise clients on the full spectrum of conventional and “new” tradeissues, including customs and tariff advice; supply chain planning andrisk management; antidumping and countervailing duty (AD/CVD)
and other trade remedy proceedings; the administration of forcedlabor import restrictions under the Uyghur Forced Labor Prevention
Act (UFLPA) and other laws by U.S. Customs and Border Protection(CBP); trade-related and national security considerations in connection
with awards under the CHIPS Act and tax credits available throughthe Inflation Reduction Act; China-related restrictions issued under
the Department of Commerce’s Information and Communications
Technology Supply Chain (ICTS) regulations; and other trade policy
and regulatory matters. Our attorneys, who have substantial trade-related experience from within the U.S. government, interact routinely onbehalf of clients with officials from the Office of the U.S. Trade Representative (USTR), the Commerce and Treasury Departments and CBP
and other offices at the Department of Homeland Security.
Aerospace, Defense and Government Contracting

Skadden regularly advises clients on government contracts questions under the Federal Acquisition Regulations (FAR), the Defense
Federal Acquisition Regulations Supplement (DFARS) and otherrules and regulations in the context of transactions and other mattersthat involve the aerospace and defense industries and other government contractors. We also advise clients on the requirements forclassified national security government contracting, from compliance with the Department of Defense’s National Industrial Security
Program Operating Manual (NISPOM), to agreements with the

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Defense Security and Counterintelligence Agency (DCSA) for
mitigating Foreign Ownership, Control and Influence (FOCI). Ourcapabilities are backed by years of experience, both inside the federalgovernment and in the private sector, navigating complex federal
requirements in critical business sectors.
Government Investigations

Skadden counsels clients in the U.S. and abroad on congressional andexecutive branch investigations related to U.S. national security laws
and regulations, including classified investigations and stored data
access requests. Our government investigations experience extends toevery area of the national security practice group and includes interactions with enforcement officials at every key regulatory agency andthe U.S. Department of Justice. We also advise on lawful surveillancematters related to federal statutes including the Wiretap Act, Electronic Communications Privacy Act, Stored Communications Act,
Foreign Intelligence Surveillance Act, Communications Assistancefor Law Enforcement Act and pen/trap statutes. We assist clients —especially those at the intersection of technology and national security — with engaging in novel and complex enforcement issues withlaw and national security officials in the U.S. and around the globe.

Artificial Intelligence

Skadden’s global artificial intelligence (AI) team offers years of experience with complex AI legal matters and an understanding of the key
AI technology issues, business drivers and evolving global regulatory landscape to companies around the world navigating this broad,complex and cutting-edge area of technology. We advise clients in
virtually every industry incorporating AI into their environments,
including advertising, automotive, consumer, cybersecurity, entertainment, fintech, insurance, life sciences and health care, marketing,media, private equity, semiconductors, software and sports, among
others. Our work in this space spans many practice areas, including
intellectual property and technology, cybersecurity and data privacy,
export controls, CFIUS and other M&A considerations, governance,labor and enforcement, and litigation.

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