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SBA Proposes Set-Aside Rules For Women-Owned Small Businesses

Client Alert | less than 1 min read | 01.02.08

After years of delay, the Small Business Administration proposed new regulations allowing set-asides for women-owned small businesses (WOSB) and economically disadvantaged WOSB's. Agencies may restrict competition to these businesses, but only in certain procurements valued at $3 million ($5 million for manufacturing) or less, only in industries where SBA finds WOSB are “underrepresented,” and only where the agency determines that the restriction would not violate the Equal Protection Clause of the Constitution.

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Client Alert | 8 min read | 09.08.26

Saxon Woods Investments Limited v Costa [2026] UKSC 21: Good Faith in the Boardroom

The UK Supreme Court has unanimously dismissed the appeal of Mr Francesco Costa, former chairman of Spring Media Investments Limited, in the first Supreme Court judgment to consider the scope of the duty under section 172(1) of the Companies Act 2006. The foundational position is that good faith requires honest conduct as well as honest thinking. A director's genuine belief that they are acting in the company's best interests will not excuse covert or disloyal conduct in pursuit of that belief. ...