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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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.
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Director Squires Revamps the Workings of the U.S. Patent Office

