FacultyFaculty/Author Profile
Damara L. Chambers

Damara L. Chambers

Covington & Burling LLP

Washington, DC, USA


Damara Chambers advises clients on cross-border investment and national security matters, including national security reviews by the Committee on Foreign Investment in the United States (CFIUS), and on the application of international trade controls, including export controls and economic sanctions.

Ms. Chambers is recognized in Chambers USA and Chambers Global for her extensive experience advising clients before CFIUS and advising companies regarding the mitigation of foreign ownership, control or influence (FOCI) under national industrial security regulations administered by the Defense Security Service (DSS) and Department of Energy.

Ms. Chambers has been involved in negotiating some of the most significant national security agreements with the U.S. government and has represented clients on a variety of landmark CFIUS and FOCI matters, including Nexen Inc. in its $15.1 billion sale to China National Offshore Oil Corporation; Stanley, Inc. in its $1 billion acquisition by CGI Group, Temasek Holdings in its multi-billion dollar investment in Merrill Lynch, and the Carlyle Group in its $1.9 billion sale of Standard Aero and Landmark Aviation to Dubai Aerospace Enterprise.

In the international trade controls area, Ms. Chambers advises companies on compliance and enforcement matters relating to U.S. export controls administered by the Departments of State, Commerce, and Energy and the Nuclear Regulatory Commission, economic sanctions administered by the Department of the Treasury, and import and licensing requirements imposed by the Bureau of Alcohol, Tobacco, Firearms and Explosives. She also frequently advises on trade control issues in mergers, acquisitions, and divestitures.

Damara L. Chambers is associated with the following items:
CHB Chapters  CHB Chapters Update on CFIUS Developments: Proposed Legislation and Reflections on CFIUS Under the Trump Administration (June 23, 2017) - Hot Topics in Mergers & Acquisitions 2017, Monday, October 23, 2017
CFIUS: Basic Questions and Answers - Hot Topics in Mergers & Acquisitions 2017, Monday, October 23, 2017
CFIUS Developments: House and Senate Committees Hold Markup of CFIUS Reform Legislation (May 23, 2018) - Hot Topics in Mergers & Acquisitions 2018, Friday, September 14, 2018
CFIUS: Basic Questions and Answers - Hot Topics in Mergers & Acquisitions 2018, Friday, September 14, 2018
CFIUS Developments: Senate Banking Committee Releases Draft Manager’s Amendment to FIRRMA (May 15, 2018) - Hot Topics in Mergers & Acquisitions 2018, Friday, September 14, 2018
Update on CFIUS and Foreign Investment Regulation: President Affirms Support for FIRRMA and CFIUS, not IEEPA, to Manage Foreign Investment Risks; House of Representatives Formally Passes FIRRMA (June 27, 2018) - Hot Topics in Mergers & Acquisitions 2018, Friday, September 14, 2018
CFIUS Reform Legislation Introduced in Congress (November 8, 2017) - Hot Topics in Mergers & Acquisitions 2018, Friday, September 14, 2018
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