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USPS Auction Crash Lands

Client Alert | less than 1 min read | 11.01.05

The Court of Federal Claims in Asia Pacific Airlines v. U.S. (Oct. 14, 2005) grounded USPS when it indicated to bidders that varying flight schedules for mail transport would be permissible and then disqualified the low bidder on two lanes after two rounds of internet auction for failing to conform to the suggested tender times. The court enjoined not only the awards for those two lanes, but for several others that the airline said it would have bid on if it had known the true ground rules.

Insights

Client Alert | 6 min read | 03.26.24

California Office of Health Care Affordability Notice Requirement for Material Change Transactions Closing on or After April 1, 2024

Starting next week, on April 1st, health care entities in California closing “material change transactions” will be required to notify California’s new Office of Health Care Affordability (“OHCA”) and potentially undergo an extensive review process prior to closing. The new review process will impact a broad range of providers, payers, delivery systems, and pharmacy benefit managers with either a current California footprint or a plan to expand into the California market. While health care service plans in California are already subject to an extensive transaction approval process by the Department of Managed Health Care, other health care entities in California have not been required to file notices of transactions historically, and so the notice requirement will have a significant impact on how health care entities need to structure and close deals in California, and the timing on which closing is permitted to occur....