1. Home
  2. |Insights
  3. |It Doesn't Have To Be Fancy

It Doesn't Have To Be Fancy

Client Alert | less than 1 min read | 10.04.06

Reversing the trial court, the Federal Circuit in Industrial Door Contractors, Inc. v. U.S. (Sept. 22, 2006) upheld the sufficiency of a contract in which the government induced the bidder to dismiss its GAO protest by sending it a letter saying it was qualified to bid and asking, "Is this sufficient?" When the agency then disqualified the bidder, it breached this settlement agreement, irrespective of whether the bidder actually did qualify under the solicitation.

Insights

Client Alert | 4 min read | 02.19.26

Proposed NY Legislation May Mean Potential Criminal Charges for Unlicensed Crypto Firms

On January 14, 2026, State Senator Zellnor Myrie proposed legislation in the New York State Senate that would amend New York law to make it a criminal offense to operate a virtual currency business in New York without the proper license. By introducing the possibility of criminal penalties, Senate Bill S. 8901, the Cryptocurrency Regulation Yields Protections, Trust, and Oversight Act (CRYPTO Act), would mark a significant regulatory shift in the state’s oversight of virtual currency businesses, given New York’s prominence in virtual currency regulation in the U.S....