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President Focuses On "Cleaning Up" Federal Contracting

Client Alert | 1 min read | 03.04.09

Today, with Senators McCain, Levin, and McCaskill by his side, President Obama announced a major presidential contracting reform initiative to "turn the page on an era of irresponsibility in which taxpayer dollars were used to line contractors' pockets or maintain projects that do not work." President Obama signed a Presidential memorandum requesting new legislation and executive branch guidance to strengthen oversight and management of taxpayer dollars, end unnecessary no-bid and cost-plus contracts, maximize the use of competitive procurement processes, and clarify rules prescribing when outsourcing is and is not appropriate.

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Client Alert | 11 min read | 12.15.25

New York LLC Transparency Act: Key Requirements and Deadlines

On January 1, 2026 (“Effective Date”), the New York LLC Transparency Act ("New York Act”) is scheduled to take effect, introducing new disclosure requirements for limited liability companies (“LLCs”) formed or registered to do business in New York State.  The New York Act is expected to impose the type of broad beneficial ownership requirements the federal CTA and rules implementing it was designed to require, before the federal government’s decision to limit the scope of the CTA’s beneficial ownership reporting requirements to foreign companies and foreign beneficial owners....