LauraFraedrich

Partner

Washington + 1.202.879.3646

For more than 20 years, Laura Fraedrich has been helping clients achieve their goals in complex international trade matters, including CFIUS (Committee on Foreign Investment in the United States), economic sanctions, export control, customs, and trade remedy matters. Clients in the energy, semiconductor, telecommunications, aerospace and defense, and transportation sectors have relied on Laura to handle their CFIUS filings.

Laura advises and represents clients in foreign direct investment matters, including filing CFIUS notices and negotiating mitigation agreements. She also represents clients in export control matters, including issues related to the International Traffic in Arms Regulations, the Export Administration Regulations, and the various embargoes administered by the Office of Foreign Assets Control (OFAC). She represents importers in all types of U.S. customs matters, including ruling requests, prior disclosures, protests, penalties, seizures, liquidated damages, and audits covering classification, valuation, country of origin, and trade preference issues. Her trade remedy experience includes antidumping and countervailing duty matters, Section 201 and Section 421 proceedings, and Section 337 cases. In addition, she counsels clients on the Foreign Corrupt Practices Act and represents their interests before U.S. enforcement agencies.

From 2018 to 2019, Laura served as an adjunct professor of international trade law at the Antonin Scalia School of Law at George Mason University. She is currently a member of the board of directors of Kluwer Law International's Global Trade and Customs Journal and vice chair of the ABA Customs Committee. She has written extensively on CFIUS, U.S. sanctions, and export controls issues.

Experience

  • BBA Aviation sells Ontic for $1.365 billionJones Day advised BBA Aviation plc ("BBA") in the sale of its Ontic business to an investment fund affiliated with CVC Capital Partners for $1.365 billion.
  • HOERBIGER Group acquires Deublin CompanyJones Day advised HOERBIGER Group, a privately-held industrial company headquartered in Switzerland, on the acquisition of Deublin Company, the leading manufacturer of rotating unions in the world.
  • Total acquires Toshiba's interest in Freeport LNGJones Day advised Total Gas & Power Asia Private Limited ("Total"), a subsidiary of Total S.A., in (i) its purchase of all of the outstanding shares of Toshiba America LNG Corporation ("TAL") from Toshiba America, Inc. ("TAI"), and (ii) its assumption of all LNG related agreements from Toshiba Energy Systems & Solutions Corporation ("TESS").
  • Diodes to acquire Lite-On Semiconductor Corporation for approximately US$428 millionJones Day is advising the Special Committee of the Board of Diodes Incorporated in a transaction to acquire Lite-On Semiconductor Corporation for approximately US$428 million in cash.
  • Arsenal Capital Partners acquires Seal for Life Industries from Berry Global Group Inc. for $328 millionJones Day advised Arsenal Capital Partners on the $328 million acquisition of Seal for Life Industries from Berry Global Group Inc.
  • Cabot sells its Specialty Fluids business to Sinomine (Hong Kong) Rare Metals Resources Co. Limited for $135 millionJones Day advised Cabot Corporation in the sale of its Specialty Fluids Business to Sinomine (Hong Kong) Rare Metals Resources Co. Limited, a wholly owned subsidiary of Sinomine Resource Group Co., Ltd., for $135 million.
  • Fosun acquires FFT GroupJones Day advised Fosun International Limited with the acquisition of FFT GmbH & Co. KGaA ("FFT") from ATON GmbH.
  • USG acquired by Gebr. Knauf for $7 billionJones Day advised USG Corporation in the acquisition by Gebr. Knauf KG ("Knauf") of all of the outstanding shares of USG in a transaction valued at $7 billion.
  • Texas Instruments sells its Greenock, Scotland wafer fabrication facility and operations to Diodes IncorporatedJones Day advised Texas Instruments (U.K.) Limited, a subsidiary of Texas Instruments Incorporated, in the sale of its semiconductor wafer fabrication facility located in Greenock, Scotland, to Diodes Semiconductors GB Limited, a subsidiary of Diodes Incorporated.
  • Cylance acquired by BlackBerry for $1.4 billionJones Day advised Cylance, an artificial intelligence and cybersecurity leader, in its $1.4 billion acquisition by BlackBerry Limited, plus the assumption of unvested employee incentive awards.
  • UPL acquires Arysta LifeScience from Platform Specialty Products Corporation for $4.2 billionJones Day advised UPL Limited ("UPL"), a leading global generic agrochemical company based in India, in connection with its subsidiary, UPL Corporation Limited’s, US$4.2 billion acquisition and related $3 billion term financing of Arysta Lifescience Inc. (“Arysta”), a global provider of crop protection solutions, including bio-solutions and seed treatment, from NYSE listed Platform Specialty Products Corporation (“Platform”).
  • SAP acquires Qualtrics for $8 billionJones Day advised SAP in its $8 billion acquisition of Qualtrics International Inc., the global pioneer in the experience management software category.
  • Trico Group acquires Performance Pumps business of UCI International HoldingsJones Day advised Trico Group Holdings, LLC in connection with its acquisition of the Performance Pumps business of UCI International Holdings.
  • Black Box acquired by AGC NetworksJones Day advised Black Box Corporation (Nasdaq: BBOX) in its acquisition by AGC Networks Ltd, a majority-owned subsidiary of Essar Global Fund.
  • PolyOne acquires Fiber-Line for $120 millionJones Day advised PolyOne Corporation, a premier global provider of specialized polymer materials, services, and solutions, in its $120 million acquisition of Fiber-Line, a global leader in customized engineered fibers and composite materials.
  • Competitive Power Ventures sells partial stake in Towantic Energy Center to Osaka Gas USAJones Day advised Competitive Power Ventures in the sale of 25 percent of its ownership interests in the CPV Towantic Energy Center (CPV Towantic) to Osaka Gas USA.
  • Conagra Brands acquires Pinnacle Foods for $10.9 billion in cash and stockJones Day advised Conagra Brands, Inc. in connection with the acquisition and related financing of Pinnacle Foods Inc. in a $10.9 billion merger.
  • Hitachi Vantara acquires REAN CloudJones Day advised Hitachi Vantara in its acquisition of REAN Cloud LLC, a global cloud systems integrator, managed services provider and solutions developer of cloud-native applications across big data, machine learning and emerging internet of things (IoT) spaces.
  • EagleTree Capital acquires majority interest of Gaylord Chemical Company, LLCJones Day advised EagleTree Capital in its acquisition of a majority interest in and related financing of Gaylord Chemical Company, LLC, a specialty chemical producer.
  • HD Supply completes $750 million offering of Senior NotesJones Day represented HD Supply, Inc., one of the largest industrial distributors in North America, in connection with its issuance of $750 million in aggregate principal amount of 5.375% Senior Notes due 2026 in a Rule 144A and Regulation S offering.
  • The following represents experience acquired prior to joining Jones Day.

    Served as customs counsel to a major generic drug company.

    Represented ABB in Foreign Corrupt Practices Act investigation and disclosure activities.

    Prepared multiple notifications to the Committee on Foreign Investments in the United States, including three that were subject to a full investigation.

    Advised various companies on requirements under the U.S. economic sanctions export control regimes, including the creation of policies and procedures, and the filing of voluntary disclosures.

    Represented respondent in an antidumping investigation on Whitening Agents (DAS), securing negative preliminary determination at the U.S. International Trade Commission.

    Represented respondent in a countervailing duty investigation on live swine from Canada, securing negative determination.

    Represented clients in NAFTA chapter 19 panel proceedings regarding countervailing duty issues.

    Represented steel trading company in Steel Section 201 proceeding, including obtaining several product exclusions.

    Represented major U.S. importers in customs audits and foreign trade zone audits, including preparation of prior disclosures and compliance improvement plans.

    Handled numerous penalty cases and liquidated damages cases for U.S. importers.

    Provided country of origin advice for a wide range of products, including pharmaceuticals, steel, and office products.

    Prepared ruling requests on various issues, including classification, valuation, and NAFTA issues.

    Additional Publications

    • May 2019
      National Security Changes Impact Biotechnology Industry

    Publications Prior to Jones Day

    Conflict over Conflict Minerals: U.S. Policy Fails First Amendment Test, coauthor, Global Trade and Customs Journal, Vol.9, No. 9, September 2014.

    Shutdown Leads to Slow-Down at Courts, Washington Trade Report, Vol. 29, No. 39, October 2013

    What Is In It For Me:  How Recent Developments in FCPA Enforcement Affect the Voluntary Disclosure Calculus, coauthor, Global Trade and Customs Journal, Vol. 8, No. 9, October 2013

    Developments in Foreign Corrupt Practices Law, coauthor, Washington Trade Report, Vol. 29, No. 22, June 2013

    The Long and Winding Road to CVDs on NMEs, Washington Trade Report, Vol. 29, No. 5, February 2013

    The Jones Act in CBP Rulings and the Courts, Washington Trade Report, Vol. 28, No. 33, September 2012

    How Dubai Ports Case Spawned CFIUS Reviews, Washington Trade Report, Vol. 28, No. 28, July 2012

    Lessons From US Fund Advisers On Foreign Ground, Law360 , June 2012

    §337:  New Weapon in the Trade Secret Arsenal, Washington Trade Report, Vol. 28, No. 14, April 2012

    Foreign Corrupt Practices Act Conviction of Lindsey Manufacturing May Embolden U.S. Authorities, But Should It?, Global Trade and Customs Journal, Vol. 6, No. 10, October 2011

    Globalization Sends Multinational Companies into Compliance Mode, International Trade & Transactions Law 2007:  Top Lawyers on Trends and Key Strategies for the Upcoming Year (Aspatore Thought Leadership, 2007)

    The Tripartite Nature of International Trade Laws featured in The Laws Behind International Trade:  A Detailed Look at Enforcement, Regulations, and Political Influences (2006)

    U.S. Customs Law and Compliance featured in Corporate Legal Departments (fourth edition) (Carole Basri and Irving Kagan eds., 2005)

    Gerald Metals and Its Progeny:  Recent Court Review of U.S. International Trade Commission Injury Determinations, International Legal Strategy, October 10, 2002

    Recent U.S. Government Actions Against Japanese Steel Companies, International Legal Strategy, November 11, 1999

    Note, The Japanese Minivan Antidumping Case:  How American Manufacturers Lost the Legal Battles But Won the War, 2 Geo. Mason U. L. Rev. 107 (1994)

    Speaking Engagements

    • October 15, 2019
      International Trade and National Security Policy: 2019 Update for Lawline, New York City
    • May 2, 2019
      The New M&A Paradigm: Guiding Your Company in Today's Global Environment - International Trade Regulation
    • November 27, 2018
      CLE Academy: Section 232 and 301 Tariffs and Expanded CFIUS Review of Foreign Investments
    • July 18, 2018
      myLawCLE & Federal Bar Association, Trade Law 101: Importing into the United States, Foreign Investments and Outbound Trade
    • June 5, 2018
      Export Controls for Drones, panelist, ABA Forum on Air & Space Law, Drone Law Conference
    • May 30, 2018
      Jones Day's 2018 Speaker Series: CFIUS: Current Practice and Upcoming Changes
    • May 10-11, 2018
      Legal and Regulatory Developments Shaping 2018 M&A, presentation to Association of Corporate Counsel.
    • May 10-11, 2018
      Legal and Regulatory Developments Shaping 2018 M&A, Chicago Chapter of Association of Corporate Counsel
    • April 20, 2018
      One Belt One Road / Global Disputes & Investigations, Presentations on CFIUS and U.S. Economic Sanctions
    • April 18, 2018
      One Belt One Road / Global Disputes & Investigations, Presentations on CFIUS and U.S. Economic Sanctions
    • Spring 2018
      Adjunct Professor, International Trade Law, Antonin Scalia School of Law at George Mason University
    • February 1, 2018
      The New Realities of Preparing and Negotiating Mitigation Agreements: Determining When and How to Negotiate, Address Investor Concerns and Reduce Transaction Delays, ACI’s National Forum on CFIUS and Team Telecom
    • October 31, 2017
      The Trump Administration’s Policies: What International Practitioners Need to Know, Women’s Bar Association of the DC Bar
    • October 20, 2017
      International Trade and National Security Policy, Lawline CLE Program
    • May 25, 2017
      Revising NAFTA: Two Sides of the Coin
    • April 20, 2017
      U.S. Trade Policy, Institute of International Finance Washington Policy Summit
    • March 31, 2017
      The New Administration: Potential Impacts to U.S. Manufacturers, Presentation at Manufacturers Alliance for Productivity & Innovation Financial Council Meeting
    • March 23, 2017
      Financial Services Regulation in the Trump Administration
    • March 3, 2017
      U.S. Business Outlook in New Administration: Navigating a Changing Landscape
    • February 23, 2017
      U.S. Business Outlook in New Administration: Navigating a Changing Landscape
    • February 21, 2017
      U.S. Business Outlook in New Administration: Navigating a Changing Landscape
    • February 21, 2017
      U.S. Business Outlook in New Administration: Navigating a Changing Landscape
    • February 10, 2017
      U.S. Business Outlook in New Administration: Navigating a Changing Landscape
    • February 9, 2017
      U.S. Business Outlook in New Administration: Navigating a Changing Landscape
    • December 15, 2016
      What Comes Next: A Post-Election Analysis of International Trade, Lawline Program
    • June 14, 2016
      Supporting the International Supply Chain, Aerospace Industries of America
    • June 13, 2016
      Understanding ITAR/EAR Regulations for International Sales, Aerospace Industries of America Meeting
    • May 10, 2016
      Drones: New Uses and Unique Legal Issues for Unmanned Aircraft Systems
    • February 26, 2016
      Drones: New Uses and Unique Legal Issues for Unmanned Aircraft Systems
    • December 16, 2015
      German American Lawyers' Association: US International Trade and Investment Laws: TTIP, OFAC and CFIUS and How They Affect Us.
    • December 15, 2015
      Association of Non-German Banks: Overview of and Recent Developments under the US Economic Sanctions
    • September 29, 2015
      Trends and Developments in International Trade: What You Need to Know
    • September 15, 2015
      Executive Roundtable Series - Opportunities and Risks in the International Marketplace: Developments and Trends in International Trade, Export Controls, and Global Cybersecurity
    • May 14, 2015
      Global Opportunities: A Critical Conversation
    • 25 de mayo de 2017
      Revisión del NAFTA, Las Dos Caras de la Moneda

    Speaking Engagements Prior to Jones Day

    May 2014
    U.S. Trade Controls:  What You Need to Know in 2014 LIVE Webcast, The Knowledge Congress

    February 2014
    When Outsourcing Can Lead to Jail Time:  Who Are My Trading Partners and What Am I Paying Them?, Outsourcing World Congress

    November 2013
    CFIUS and FINSA Hot Topics presented by The Knowledge Congress















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