Congress Proposes Changes to Technical Data Rights Statutes
Client Alert | 1 min read | 12.28.11
The National Defense Authorization Act for Fiscal Year 2012, presently before the President for signature, includes a number of important procedural and substantive changes to the treatment of technical data rights. For example, in addition to lengthening the time period for which the U.S. can challenge a contractor’s assertion of a technical data use or release restriction from 3 to 6 years, the bill would also permit the U.S. to release or disclose technical data outside the government if such release or disclosure “is necessary for the segregation of an item or process from, or the reintegration of that item or process (or a physically or functionally equivalent item or process) with, other items or processes[.]”
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Client Alert | 3 min read | 09.15.25
On August 19, 2025, the U.S. Senate Committee on Finance (“Senate Finance Committee”) sent Paul Atkins, Chairman, U.S. Securities and Exchange Commission (“SEC”) a letter calling on the SEC to investigate White River Energy Corp (“White River”). In the letter, the Senate Finance Committee confirmed a criminal investigation into White River related to the sale of so-called “tribal tax credits” that according to both Congress and the IRS, do not exist. The letter further states that White River allegedly earned millions of dollars selling these credits and has not been forthcoming with investors regarding the existence of the criminal investigation. According to the Senate Finance Committee, White River has failed to file financial disclosure documents with the SEC since March 15, 2024, missing six consecutive reporting periods. The letter instructs White River to disclose the existence of the DOJ criminal tax investigation, and calls on the SEC to take action if White River fails to do so.
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