London High Court Justice Nicholas Warren ruled that a deal to shift Peninsular and Oriental Steam and Navigation Co.’s (P&O) port operations in Britain and the United States to a United Arab Emirates (UAE)-based company can move forward, according to Reuters.Justice Warren OK’d the deal regardless of protests by Miami-based Eller & Co., which has a venture agreement with a P&O subsidiary, and two private P&O shareholders, according to Reuters.“The objections of Eller do not persuade me that I should not sanction the scheme,” Justice Warren said.Eller filed suits in both Britain and the United States in an attempt to stop the deal from going forward, Reuters reports. Eller claims that the shift of operations violates its contract with the P&O subsidiary and will negatively affect its business. The company was disappointed with Justice Warren’s ruling, according to Reuters.“We remain deeply concerned for the future of our business and the livelihood of thousands of staff and subcontractors,” an Eller spokesperson told Reuters. The deal has already brewed a storm of controversy in the U.S. because a number of lawmakers and critics claim the Bush Administration did not adequately assess the national security risks associated with the deal.For related content, read Dubai or Not Dubai, Selling U.S. Ports to Dubai: Bad Security of Just Bad Politics? and Customs Rattles the Supply Chain.For more news coverage, read London High Court to Rule on Dubai Deal, Coast Guard Concerns Stir Up Ports Debate and U.S. Accepts 45-Day Review of Dubai Deal.Keep checking in at our CSO Security Feed page for update news coverage. Related content news Chinese state actors behind espionage attacks on Southeast Asian government The distinct groups of activities formed three different clusters, each attributed to a specific APT group. By Shweta Sharma Sep 25, 2023 4 mins Advanced Persistent Threats Advanced Persistent Threats Cyberattacks feature How to pick the best endpoint detection and response solution EDR software has emerged as one of the preeminent tools in the CISO’s arsenal. Here’s what to look for and what to avoid when choosing EDR software. By Linda Rosencrance Sep 25, 2023 10 mins Intrusion Detection Software Security Monitoring Software Data and Information Security feature Top cybersecurity M&A deals for 2023 Fears of recession, rising interest rates, mass tech layoffs, and conservative spending trends are likely to make dealmakers cautious, but an ever-increasing need to defend against bigger and faster attacks will likely keep M&A activity steady in By CSO Staff Sep 22, 2023 24 mins Mergers and Acquisitions Data and Information Security IT Leadership brandpost Unmasking ransomware threat clusters: Why it matters to defenders Similar patterns of behavior among ransomware treat groups can help security teams better understand and prepare for attacks By Joan Goodchild Sep 21, 2023 3 mins Cybercrime Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe