Subs: Don't Forget The Disputes Clause
Client Alert | less than 1 min read | 07.06.05
The subcontractor in Alpine Computers, Inc. (ASBCA June 22, 2005), learned the hard way that a sub should make sure its contract with the prime makes it mandatory for the prime to sponsor its good-faith claim against the government. When the prime went belly up after the Army suspected fraud and defaulted it, the sub found it could not sue the Army to pay for product it had delivered to the Army when the prime did not sponsor its claim.
Insights
Client Alert | 3 min read | 09.13.24
SEC Disbands its Climate and ESG Enforcement Task Force
The Securities and Exchange Commission (SEC) has reportedly recently dissolved its Climate and ESG Enforcement Task Force (the Task Force). The Task Force was part of SEC Chair Gary Gensler’s broader push to increase investors’ access to environmental, social, and governance (“ESG”) information about public companies and registered investment companies. The dissolution of the Climate and ESG Enforcement Task Force comes after three years marked by industry resistance and a mixed record in the courts. Prior to the Task Force’s dissolution, the agency removed ESG from its annual Examination Priorities Report, which provides areas of particular focus during SEC examinations. While the Task Force has been dissolved, the SEC is still pursuing a number of its proposed ESG and climate-related rules.
Client Alert | 12 min read | 09.13.24
Tri-Agencies Finalize NQTL Comparative Analysis Standards in Final Rule
Client Alert | 5 min read | 09.11.24
Client Alert | 3 min read | 09.11.24
