McCarter attorney Franklin Turner spoke with NPR regarding government contracts in relation to Operation Warp Speed. Most government contracts are governed by a set of rules called the Federal Acquisition Regulation, or FAR. "It's really a bible that the government and contractors are supposed Continue Reading
Contractors Seek Clarity on DOD Cybersecurity Rule
Defense contractors are grappling with a new rule requiring them to implement cybersecurity programs that leaves crucial questions unanswered, including the exact information companies will be required to safeguard and how the new obligations will be worked into contracts. How Much Will Continue Reading
Publicly Traded Firms Paid Dividends, Bought Their Own Stock after Receiving PPP Loans to Pay Employees
Some publicly traded companies that received taxpayer-backed small business loans to pay their employees during the early weeks of the pandemic paid out millions to Wall Street investors in dividends and share buybacks, publicly available financial disclosures reviewed by The Washington Post show. Continue Reading
Cocrystal Pharma’s Reforms To End $27M Stock Plot Suits
Cocrystal Pharma Inc. will implement a series of corporate reforms to settle three derivative suits brought by shareholders over an alleged $27 million pump-and-dump scheme that drove down the value of the company's stock, according to a motion Friday in New Jersey federal court seeking preliminary Continue Reading
Family Matters: Why The Wealthy Are Reconsidering Their Estate Plans
ESTATENVY spoke to top estate-planning and tax attorneys regarding trends they are seeing in the pandemic and how they are advising their clients during an election year. Location is playing a factor in real estate acquisition as well, according to Estate Planning Partner at McCarter & Continue Reading
Moy Ogilvie Discusses the McCarter Social Justice Project
McCarter partner and Hartford Office Managing Partner Moy Ogilvie commented on her experiences as a Black attorney and about the McCarter & English Social Justice Project--which has a goal to dismantle structural racism and combat racial inequities nationally--and about her optimism for the Continue Reading
Post-COVID-19 Supply Chains Must Be Nimble
As COVID-19 spread from China to Europe to the U.S. and elsewhere, supply chains that for decades had operated successfully on “lean logistics” – which prized low-cost efficiency – suddenly seized up as parts made in Europe, for instance, couldn’t get to China for final assembly before being shipped Continue Reading
Feds’ Anti-Drone Advisory Reveals Major Gaps in Law
A new federal advisory highlights significant legal gaps around the use of anti-drone technology, making the use of jammers to prevent terrorism or nets to stop corporate espionage a risky proposition. Although the new advisory — the first comprehensive compendium of federal laws related to Continue Reading
U.S. Lawmakers Could Introduce Legislation Restraining Amazon, Big Tech
U.S. lawmakers are likely to introduce legislation to restrain the market power of Amazon.com Inc., Facebook Inc., Apple Inc. and Alphabet Inc.'s Google LLC unit as early as September but whether a bill would pass by the end of 2020 is unclear, experts say. Franklin Turner, an attorney with Continue Reading
Government Bond Market Proves ‘Robust’ in First Half of 2020, But COVID-19 Fallout Looms
Uncertainty abounds in financial markets globally during the coronavirus pandemic, but New Jersey’s government bond market has been steady so far this year, according to data for the first half of the year. Jacqueline Shanes, a public finance partner at McCarter & English in Newark, which Continue Reading