Section 809 Panel Releases Volume 1 Report and Recommendations
Client Alert | 1 min read | 02.06.18
In the FY2016 NDAA, Congress created the “Section 809 Panel” to review and streamline DoD acquisition regulations to “improv[e] the efficiency and effectiveness of the defense acquisition process and maintain defense technology advantage.” On January 31, the Panel released its Volume 1 Report, which includes recommendations on a number of topics, such as commercial buying, contract compliance and audit, defense business systems, and services and small business contracting. (The Panel’s Volume 2 and 3 Reports will be released in June 2018 and January 2019, respectively.)
Many of the Panel’s recommendations are deep in the legislative and regulatory weeds, but could have far reaching effects—e.g., implementing a single definition of “subcontractor” to replace the 27 different definitions currently scattered throughout various statutes and regulations; bifurcating commercial items into commercial products and commercial services; etc. The full Volume 1 Report is worth a read for those interested in (and impacted by) DoD acquisition reform.
We will also be providing further analysis on our blog in the coming weeks.
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Client Alert | 6 min read | 06.09.26
Is Stock-a-palooza Over? Supreme Court allows SEC to Pursue Disgorgement
On June 4, 2026, the U.S. Supreme Court unanimously held that the U.S. Securities and Exchange Commission (SEC) can continue to pursue disgorgement as an equitable remedy in securities fraud cases without showing pecuniary loss by investors. The Court’s ruling in Sripetch v. SEC resolves a split between the U.S. Court of Appeals for the Second Circuit, which concluded that the SEC must demonstrate pecuniary loss, and the U.S. Courts of Appeals for the First and Ninth Circuits, which declined to require such a showing.
Client Alert | 2 min read | 06.09.26
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