You Makes Your Choice And Takes Your Chances
Client Alert | less than 1 min read | 05.30.06
The Federal Circuit in the Winstar -related case of Old Stone Corp. v. U.S. (May 25, 2006) struck down a $118 million restitutionary damages award to the bank, explaining that, because the bank decided to continue operating after the breach occurred, attempting to make a go of it despite the government's breach, it had waived its right to declare a "total breach" and collect restitutionary damages to put it back in the pre-contracting situation when it went under several years later. On the other hand, foreseeable damages directly related to mitigating the effects of the breach, in this case $74.5 million, were available, and that part of the judgment was affirmed.
Insights
Client Alert | 2 min read | 04.10.26
On April 7, 2026, six federal agencies (FBI, CISA, NSA, EPA, DOE, and U.S. Cyber Command – Cyber National Mission Force) published a joint advisory warning that Iranian-affiliated threat actors are targeting internet-facing OT devices, particularly PLCs. In some cases, the threat actors have caused operational disruptions and financial losses at U.S. critical infrastructure organizations by manipulating software files that contain configuration settings as well as showing false data on hardware and software dashboards and displays.
Client Alert | 4 min read | 04.10.26
FTC Issues Five-Year Strategic Plan: What Businesses Need to Know
Client Alert | 4 min read | 04.09.26
Client Alert | 2 min read | 04.09.26
OMB Issues New Policy on Federal IT Transparency and Acquisition Oversight
