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DoD Startup DIUx Expands Footprint

Client Alert | less than 1 min read | 09.19.16

On September 14, the Defense Innovation Unit Experimental, or DIUx, which already has offices in Silicon Valley and Boston, announced its expansion to Austin, Texas. DIUx, which has 22 projects in the pipeline totaling $65 million of forthcoming investment, is focused on bringing high-tech firms into the government contracting marketplace to augment DoD’s capabilities in areas such as autonomy, artificial intelligence, and machine learning and presents a unique contracting platform for such firms, though, as with other federal contracting opportunities, doing business with DIUx will subject tech firms to terms and conditions that differ in material ways from purely commercial agreements.

Insights

Client Alert | 3 min read | 06.03.26

Important EU Court Judgment Clarifies Rules on Interest Due in Cartel Damages Cases

In a judgment that will have direct and immediate consequences, the Court of Justice of the European Union (CJEU) has clarified that for all competition damages actions brought after 26 December 2014, interest runs from the date on which the harm occurred. The ruling addressed two important questions: (1) whether national provisions implementing Article 3(2) of the EU Damages Directive — which requires interest to run from the date harm occurred —apply to cases in which the harm preceded the adoption of those provisions; and (2) how the date of harm should be determined in cartel cases involving the purchase of goods at inflated prices....