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DOD to Pay All Small Businesses Faster

Client Alert | less than 1 min read | 05.02.11

DOD issued an interim rule on Wednesday, April 27, 2011, changing the Defense Federal Acquisition Regulation Supplement to accelerate payments for all small business concerns. Previously, DOD accelerated payments only to small disadvantaged business concerns by paying the SDBs as quickly as possible once invoices are submitted, but the interim rule accelerates payment to all small business concerns.

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Client Alert | 3 min read | 04.26.24

CFIUS Proposes Enhanced Enforcement and Mitigation Rules and Steeper Penalties for Non-Compliance

On April 11, 2024, the Committee on Foreign Investment in the United States (“CFIUS” or the “Committee”) announced proposed amendments to its enforcement and mitigation regulations, marking the first substantive update to CFIUS’s mitigation and enforcement provisions since the enactment of the Foreign Investment Risk Review Modernization Act of 2018.  The Committee issued a notice of proposed rulemaking ("NPRM”) that would modify the regulations that apply to certain investments and acquisitions, as well as real estate transactions, by foreign persons as follows:...