1. Home
  2. |Insights
  3. |ASBCA's FY18 Report – a Look at the Numbers

ASBCA's FY18 Report – a Look at the Numbers

Client Alert | less than 1 min read | 10.18.18

The Armed Services Board of Contract Appeals published its FY18 Report of Transactions and Proceedings, which provides statistics regarding the adjudication of appeals between contractors and the Army, Navy, Air Force, Corps of Engineers, DLA, DCMA, CIA, NASA, other Defense agencies, and the Washington Metropolitan Area Transit Authority. According to this year's report, appellants prevailed, in whole or in part, in 69 percent of the appeals decided on the merits, a notable increase from the past several years. As usual, the Board had a high success rate in resolving matters via alternative dispute resolution (ADR), successfully resolving 85 percent of ADRs concluded in FY18 – including binding arbitration, non-binding mediation, and ADR of undocketed appeals.

Insights

Client Alert | 6 min read | 06.09.26

Is Stock-a-palooza Over? Supreme Court allows SEC to Pursue Disgorgement

On June 4, 2026, the U.S. Supreme Court unanimously held that the U.S. Securities and Exchange Commission (SEC) can continue to pursue disgorgement as an equitable remedy in securities fraud cases without showing pecuniary loss by investors. The Court’s ruling in Sripetch v. SEC resolves a split between the U.S. Court of Appeals for the Second Circuit, which concluded that the SEC must demonstrate pecuniary loss, and the U.S. Courts of Appeals for the First and Ninth Circuits, which declined to require such a showing....