An acquirer that obtains CFIUS approval can proceed to close the transaction knowing that a safeharborprovision usually protects it from future CFIUS actions.
The court interpreted the Florida Supreme Court's earlier opinion as requiring all recounts be complete by Dec. 12 in order to take advantage of a "safe harborprovision" in federal law that results certified by that date could not be challenged in Congress.
However, Universal argued because most of the recordings at issue were created before 1972 (the year Congress first provided federal copyright protection to sound recordings), the federal copyright laws do not apply and the safeharborprovision of the DMCA is unavailable to Grooveshark.
The plan also offers no "safe harbor" provision to shield mortgage servicers from lawsuits by investors holding the securities backed by a loan being modified.
To what degree the French ruling will apply to Google and Dailymotion's operations isn't clear: User-generated video sites in the U.S. are protected by the "safe harbor" provision of the Digital Millenium Copyright Act of 1999.