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"Certain" Means No Weasel Words

Client Alert | less than 1 min read | 09.30.05

The Contract Disputes Act requires a contractor to specify a "sum certain" that it claims. The contractor in Sandoval Plumbing Repair, Inc. (ASBCA Sept. 14, 2005), specified a dollar amount but learned that by adding words such as "no less than" or "in excess of" before a specified amount makes the claim "uncertain" and requires dismissal.

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Client Alert | 3 min read | 02.10.26

UK FCA Proposes New Sustainability Disclosure Rules for Listed Companies

The UK Financial Conduct Authority (FCA) recently issued consultation paper CP26/5, proposing to replace the existing Task Force on Climate-related Financial Disclosures (TCFD) requirements with new rules mandating listed companies to report against the UK Sustainability Reporting Standards (UK SRS). These are based on the IFRS Sustainability Disclosure Standards developed by the International Sustainability Standards Board (ISSB)....