In a prior Alert, we provided a high-level overview of the Anti-Assignment Act, which requires federal pre-approval for the sale of federal government contracts, often through a “novation agreement” signed by the seller,...more
9/1/2015
/ Acquisitions ,
Assignments ,
Due Diligence ,
Federal Contractors ,
HUBZone ,
Letters of Intent ,
Mergers ,
Novation ,
Public Contracts ,
SBA ,
Small Business ,
Veterans ,
Women-Owned Businesses
Recent criminal indictments of FIFA officials should remind businesses to review their obligations under the Foreign Corrupt Practices Act (FCPA). Those who violate the FCPA can face civil and criminal penalties, including...more
U.S. companies with material ownership interests in foreign affiliates (including their own subsidiaries) are facing an upcoming May 29, 2015 deadline to file a cumbersome survey with the U.S. Department of Commerce...more
When selling a business, the owner must balance deal certainty, tax consequences, speed, regulatory clearances, third party consents and liability allocation. ...more