On 24 June 2026, more than four years after the underlying events, Germany’s Federal Public Prosecutor General announced search measures in connection with a criminal investigation arising from the 2022 separation and attempted liquidation of the former German subsidiary of a major foreign state-linked energy group. What makes the case significant for FDI practitioners is straightforward: it is a forceful reminder that implementing a notifiable transaction without prior clearance is not merely a regulatory irregularity…

In Brief On 8 June 2026, the Council of the EU approved the European Parliament’s position adopted on 19 May 2026, clearing the path for a new Regulation on the screening of foreign investments in the Union (the “Screening Regulation 2026”). The Screening Regulation 2026 will repeal and replace Regulation (EU) 2019/452 (the “Former FDI Regulation”), marking a complete overhaul of the EU’s foreign investment control framework. The Screening Regulation 2026 seeks to balance security…