A foreign investment practitioner for more than a decade, Joshua has been involved in thousands of CFIUS matters and hundreds of filed cases. He regularly helps U.S. companies and foreign investors to understand and allocate CFIUS and other foreign investment risk, respond to inquiries and enforcement actions, assess filing requirements, and navigate CFIUS, DCSA FOCI, and other processes to obtain clearance.
Joshua has extensive experience representing clients before the FCC in obtaining transactional approvals, acquiring and transferring licenses, and advocating for changes to FCC rules. He has also assisted numerous clients with the Team Telecom process, a regulatory review that examines foreign ownership of U.S.-regulated telecom enterprises.
Joshua has been recognized as a leading foreign investment lawyer by Chambers Global, Chambers USA, Foreign Investment Watch, and Who’s Who Legal: M&A and Governance – Foreign Investment Reviews. He has also been recognized by Legal 500 for his transactional and commercial work piloting regulated telecom and broadcast entities through FCC approval processes.
Joshua started his career as an engineer and hacker and brings wide-ranging technical knowledge to his assessments of national security risk. He also serves as a thought leader in developing the next wave of national security policy as CFIUS counsel to the National Venture Capital Association (NVCA), where he advocates for policy change and authored NVCA’s model CFIUS language, and as an adjunct, non-resident fellow at the Center for Strategic and International Studies (CSIS), where he contributes to projects on technology and international trade.
Joshua Gruenspecht is a partner in the Washington, D.C., office of Wilson Sonsini Goodrich & Rosati, where he advises domestic and foreign investors, funds, established companies, and start-ups in regulatory, investigative, and enforcement matters.
Joshua routinely represents domestic businesses and foreign entities in foreign investment reviews before the Committee on Foreign Investment in the United States (CFIUS), Defense Counterintelligence and Security Agency (DCSA), Federal Communications Commission (FCC), the National Oceanic and Atmospheric Administration (NOAA), and other federal defense and intelligence agencies. In addition, he assists clients in assessing the U.S. transactional risks associated with foreign direct investment (FDI) reviews across the world.
He also regularly represents clients before the FCC, state utilities commissions, and government bodies on communications and other regulatory matters ranging from transactional approvals to rulemaking proceedings. Joshua has negotiated security agreements, information sharing agreements, and network and physical security plans and policies with CFIUS, DCSA, the FCC, and various other federal agencies. On a transactional level, he negotiates on behalf of clients to allocate national security; foreign ownership, control, and influence (FOCI); and communications regulatory risk. As CFIUS counsel to the National Venture Capital Association (NVCA), he authored the NVCA model CFIUS language for risk allocation in venture capital investing.
Joshua also represents companies in cybersecurity-related matters, consults on cybersecurity policies and practices, and negotiates with government agencies over access to internal networks, source code, and sensitive business information. He leverages his background in cybersecurity research and development for both the federal government and private sector to advise clients in innovative industries, including cybersecurity, biotechnology, financial services, energy, education, and others.
He has represented energy companies, technology companies, and online service providers before various federal agencies over cooperative information sharing and research and development agreements, including those granting governmental access to information protected pursuant to the Electronic Communications Privacy Act, the Stored Communications Act, the pen/trap statutes, sector-specific regulations, and various federal and state privacy statutes. He also has worked with a number of Fortune 500 companies in responding to congressional, federal, and state regulatory agency requests for information regarding their cybersecurity preparedness.
Joshua previously practiced at another multinational law firm and has served as a Cybersecurity Fellow with the Center for Democracy and Technology. Earlier in his career, he was an engineer working on network security research and development for the federal government and BBN Technologies, focusing on device exploitation and computer network exploitation.
Joshua Gruenspecht is a partner in the Washington, D.C., office of Wilson Sonsini Goodrich & Rosati, where he advises domestic and foreign investors, funds, established companies, and start-ups in regulatory, investigative, and enforcement matters.
Joshua routinely represents domestic businesses and foreign entities in foreign investment reviews before the Committee on Foreign Investment in the United States (CFIUS), Defense Counterintelligence and Security Agency (DCSA), Federal Communications Commission (FCC), the National Oceanic and Atmospheric Administration (NOAA), and other federal defense and intelligence agencies. In addition, he assists clients in assessing the U.S. transactional risks associated with foreign direct investment (FDI) reviews across the world.
He also regularly represents clients before the FCC, state utilities commissions, and government bodies on communications and other regulatory matters ranging from transactional approvals to rulemaking proceedings. Joshua has negotiated security agreements, information sharing agreements, and network and physical security plans and policies with CFIUS, DCSA, the FCC, and various other federal agencies. On a transactional level, he negotiates on behalf of clients to allocate national security; foreign ownership, control, and influence (FOCI); and communications regulatory risk. As CFIUS counsel to the National Venture Capital Association (NVCA), he authored the NVCA model CFIUS language for risk allocation in venture capital investing.
Joshua also represents companies in cybersecurity-related matters, consults on cybersecurity policies and practices, and negotiates with government agencies over access to internal networks, source code, and sensitive business information. He leverages his background in cybersecurity research and development for both the federal government and private sector to advise clients in innovative industries, including cybersecurity, biotechnology, financial services, energy, education, and others.
He has represented energy companies, technology companies, and online service providers before various federal agencies over cooperative information sharing and research and development agreements, including those granting governmental access to information protected pursuant to the Electronic Communications Privacy Act, the Stored Communications Act, the pen/trap statutes, sector-specific regulations, and various federal and state privacy statutes. He also has worked with a number of Fortune 500 companies in responding to congressional, federal, and state regulatory agency requests for information regarding their cybersecurity preparedness.
Joshua previously practiced at another multinational law firm and has served as a Cybersecurity Fellow with the Center for Democracy and Technology. Earlier in his career, he was an engineer working on network security research and development for the federal government and BBN Technologies, focusing on device exploitation and computer network exploitation.
Named in the 2021 and 2022 editions of Who’s Who Legal: M&A and Governance – Foreign Investment Reviews
Named in the 2021 and 2022 editions of Who’s Who Legal: M&A and Governance – Foreign Investment Reviews
Inspire Engergy Capital LLC in its acquisition by Royal Dutch Shell plc
Tonopah Solar Energy, LLC, in its restructuring under Actividades de Construcción y Servicios, S.A. (ACS)
Roblox Corporation in its $42 billion public offering through a direct listing
Palantir Technologies in its $22 billion public offering through a direct listing
Dozens of companies and investors in enforcement actions by CFIUS Monitoring & Enforcement
Assorted companies in obtaining FCC approvals for transfers of control
Sovereign wealth funds from various countries in making venture investments into U.S. businesses
Inspire Engergy Capital LLC in its acquisition by Royal Dutch Shell plc
Tonopah Solar Energy, LLC, in its restructuring under Actividades de Construcción y Servicios, S.A. (ACS)
Roblox Corporation in its $42 billion public offering through a direct listing
Palantir Technologies in its $22 billion public offering through a direct listing
Dozens of companies and investors in enforcement actions by CFIUS Monitoring & Enforcement
Assorted companies in obtaining FCC approvals for transfers of control
Sovereign wealth funds from various countries in making venture investments into U.S. businesses
Co-author with M. Casey and S. Heifetz, "The UK’s National Security and Investment Act Now Fully in Force," Wilson Sonsini Alert, January 4, 2022
Co-author with M. Casey, J. Davey, S. Heifetz, and T. Jenkins, "New Rules Will Require Beneficial Ownership Reporting to Federal Regulators by U.S. and Foreign Corporations, LLCs, and Other Legal Entities," Wilson Sonsini Alert, January 4, 2022
Speaker, “Biden's National Security Policy Outlook,” The Capitol Forum, March 17, 2022
“The UK CFIUS Regime – What You Need to Know,” Cambridge Investment Capital Webinar, 2021
“Managing CFIUS Risks in SPAC Transactions,” The Capitol Forum, 2021
“U.S. and UK Venture Investment and National Security: A Joint Discussion with CFIUS and BEIS,” Wilson Sonsini-Taylor Wessing webinar, 2021
“National Security Regulation Now: CFIUS, Export Controls, Sanctions, and More in the Biden Administration,” TechGC Webinar, 2021
“Effectively Navigating the New Team Telecom Process: Strategies for Jumpstarting the Process, Meeting New Timelines, Eliminating Uncertainty and Avoiding Pitfalls,” ACI National Forum on Team Telecom, 2021
“Emerging Technology Meets National Security – Virtual Event,” National Venture Capital Association Webinar, 2020
“National Security Regulation and the Life Sciences Sector,” Sino-American Pharmaceutical Professionals Association Webinar, 2020
Co-author with M. Casey and S. Heifetz, "The UK’s National Security and Investment Act Now Fully in Force," Wilson Sonsini Alert, January 4, 2022
Co-author with M. Casey, J. Davey, S. Heifetz, and T. Jenkins, "New Rules Will Require Beneficial Ownership Reporting to Federal Regulators by U.S. and Foreign Corporations, LLCs, and Other Legal Entities," Wilson Sonsini Alert, January 4, 2022
Speaker, “Biden's National Security Policy Outlook,” The Capitol Forum, March 17, 2022
“The UK CFIUS Regime – What You Need to Know,” Cambridge Investment Capital Webinar, 2021
“Managing CFIUS Risks in SPAC Transactions,” The Capitol Forum, 2021
“U.S. and UK Venture Investment and National Security: A Joint Discussion with CFIUS and BEIS,” Wilson Sonsini-Taylor Wessing webinar, 2021
“National Security Regulation Now: CFIUS, Export Controls, Sanctions, and More in the Biden Administration,” TechGC Webinar, 2021
“Effectively Navigating the New Team Telecom Process: Strategies for Jumpstarting the Process, Meeting New Timelines, Eliminating Uncertainty and Avoiding Pitfalls,” ACI National Forum on Team Telecom, 2021
“Emerging Technology Meets National Security – Virtual Event,” National Venture Capital Association Webinar, 2020
“National Security Regulation and the Life Sciences Sector,” Sino-American Pharmaceutical Professionals Association Webinar, 2020