Last year at this time, we reported on the prospect of a partial government shutdown due to Congress’s failure to enact appropriations legislation to fund all aspects of the government for Fiscal Year (FY) 2021. In that case, the bill was passed and life continued. This year the stakes are higher. Though Congress started early, preparing separate appropriations bills for FY 2022 this summer, they still have not been passed. In addition, we are seeing bills for higher levels of spending than in the previous years, since the spending limits set in the Obama-era Budget Control Act of FY 2011 have now ended.
Continue Reading So … Where Is The Money – We’ve Seen This Movie Before But The Stakes Are High
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Record Breaking Number of Executive Orders Issued in First Week
By Susan Ebner on
President Biden entered office on January 20, 2021, without the usual parades, inaugural balls, and so forth that are the hallmarks of the establishment of a new administration. Typically only a few Executive Orders are issued in the early days while the Administration gets its sea legs and focuses on the confirmation and appointment of…
Force Majeure and the Coronavirus (COVID-19)
Generally speaking, entities that enter into contracts are bound to perform them. However, as matters evolve, the impacts of natural and man-made problems arising from the coronavirus (COVID-19) are being felt by customers, their contractors, and suppliers. Who bears the costs of such impacts and are there possible defenses or routes to recovery of costs?…
The Impact of the Coronavirus on the Global Supply Chain
By Darrell Clark, David Rifkind, Jill Radloff & Susan Ebner on
At the end of December, China acknowledged the existence of the coronavirus, and this burgeoning heath crisis is becoming a supply chain problem. China, a major manufacturing hub for materials, products and components being used around the world, has been significantly impacted.
Facing the fast spread of the virus, China took a number of steps–delaying…