Congress Considers Tweaking IT Spending
Client Alert | less than 1 min read | 10.17.16
On October 5, the Senate Finance Committee sent a letter to commercial information technology providers requesting information about “whether federal agencies, to the fullest extent possible, incorporate preexisting, commercial and non-developmental IT solutions into their modernization efforts and if not, the barriers to their doing so.” Noting that the federal government spent about $80 billion on IT in FY 2015, the committee requested “recommendations” sent to ITContracting@finance.senate.gov by November 2, 2016, for how competition for IT contracts could be broadened by increased use of commercial contracting procedures and fixed-price contracts or changes to evaluation criteria and source selection factors.
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Client Alert | 6 min read | 08.11.26
Over the past 18 months, the federal banking agencies have clarified supervisory expectations for banks’ crypto-asset activities, and several of the largest U.S. banks have announced programs accepting Bitcoin and Ether as loan collateral. Separately, on June 3, 2026, New York’s enactment of the 2022 amendments to the Uniform Commercial Code took effect, changing the rules governing the perfection of a security interest in digital asset collateral in New York, the jurisdiction whose law governs most institutional credit documentation. Together, these developments may create significant opportunities for lenders navigating the complexities to comply with the newly enacted statutes. This alert surveys the current landscape, from regulatory permissibility and perfection through custody, structuring, and compliance, for institutions active in this market or considering entering it.
Client Alert | 1 min read | 08.10.26
Client Alert | 4 min read | 08.10.26
Client Alert | 4 min read | 08.07.26
Missouri AG Sues Kansas City Over Race- and Sex-Based Contracting Program
