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Report Highlights Problematic Katrina Contracting Practices

Client Alert | less than 1 min read | 02.28.06

The final report of The House Select Bipartisan Committee to Investigate the Preparation for and Response to Hurricane Katrina (http://katrina.house.gov/) criticizes all levels of government for using problematic contracting practices, such as orally changing the scope of work in the middle of an engagement and awarding most contracts on a sole-source basis or pursuant to limited competition. Among other proposed reforms, the Committee recommends that the Government enter into contracts in advance of each hurricane season to avoid the chaos and potential for fraud and abuse associated with contracting under intense pressure.

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Client Alert | 3 min read | 09.15.25

Senate Finance Committee Looking to Take White River to the Train Station, Confirms DOJ Investigation into Tribal Tax Credits

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....