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New Executive Compensation Limits

Client Alert | 1 min read | 06.28.13

On June 26, 2013, the government issued an interim rule that purports to expand the application of the executive compensation benchmark, currently set at $763,029, from senior executives to all contractor employees performing on contracts awarded as of December 31, 2011, by DoD, NASA, and the Coast Guard. As discussed in our blog posting, this interim rule, which is effective immediately, is intended to make any compensation costs incurred after January 1, 2012, over the benchmark amount unallowable for contracts subject to the FAR cost principles, but challenges to this rule based on the terms of the Allowable Cost and Payment clause might result.


Insights

Client Alert | 8 min read | 06.03.26

ICC Releases New 2026 Arbitration Rules: Key Changes Effective 1 June 2026

The International Chamber of Commerce (ICC) has released its revised 2026 Arbitration Rules (the 2026 Rules), which entered into force on 1 June 2026. The revisions represent a significant update to the 2021 ICC Rules (the 2021 Rules) and reflect a clear institutional focus on efficiency, procedural flexibility, and expedited dispute resolution....