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Given my practice area, people often ask me why people commit white-collar crimes. I ask myself this question; and, just as often, I ask myself how can I help my corporate clients mitigate the risks of committing a crime? Despite my lifelong quest to answer both these questions, I have no good answers. Unfortunately, the U.S....
According to FAR Part 16, the Federal Government uses fixed-price contracts when it wants to place most of the risk and responsibility for performance on the contractor. This means that fixed-price contracts are generally not subject to being adjusted as a result of the contractor’s costs or profits increasing or decreasing in performance. As a result,...
There are times when companies that have Securities Exchange Commission (SEC) reporting requirements AND that perform classified work for the U.S. federal government find themselves in a quandary because… The SEC requires companies to file financial reports in certain instances so the public has the information it needs to make decisions about investing in the company....
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