Purchase Agreement Components, Part 2: Indemnification Provisions, January 8, 2021, Frank Massaro
In an acquisition, particularly an equity acquisition, a buyer must perform extensive due diligence on the target company to understand, as thoroughly as possible, the risks associated with the acquisition. In most cases, however, the buyer cannot fully evaluate or even identify all sources of risk that it will assume post-closing. To address these uncertainties and allocate these potential risks, the buyer and seller negotiate indemnification provisions that set forth the scope of each party’s obligation to reimburse the other party for certain losses associated with the acquisition that may arise following closing.
With Trump Presidency Winding Down, Push for Assange Pardon Ramps Up
Supporters of the WikiLeaks founder Julian Assange have enlisted a lobbyist with connections to the president and filed a clemency petition with the White House.
The effort comes at a delicate moment for Julian Assange; the Justice Department announced last week that it would appeal a British judge’s ruling blocking his extradition to the United States.Credit.Henry Nicholls/Reuters
Published Jan. 10, 2021Updated Feb. 12, 2021
WASHINGTON Allies of the WikiLeaks founder Julian Assange have ramped up a push for a last-minute pardon from President Trump, enlisting a lobbyist with connections to the administration, trying to rally supporters across the political spectrum and filing a clemency petition with the White House.
The Department of Defense (DOD) is adding the National Industrial Security Program Operating Manual (NISPOM) to the Code of Federal Regulations (CFR). According to the final rule.
Trump Was Briefed on Uncorroborated Intelligence About Chinese Bounties
The unverified intelligence echoes a similar report, deemed credible by the C.I.A. but dismissed by the president, that Russian military agents had offered payments for attacks on Americans in Afghanistan.
President Trump and the first lady, Melania Trump, this month at Joint Base Andrews outside Washington.Credit.Erin Scott for The New York Times
Dec. 30, 2020
President Trump was briefed this month about intelligence reports that China had offered to pay bounties to fighters in Afghanistan who attacked American soldiers there, but the information was uncorroborated and comes months after Mr. Trump dismissed as a “hoax” a C.I.A. assessment that Russia had paid for such attacks.
Highlights
Effective Feb. 24, 2021, the National Industrial Security Program Operating Manual (NISPOM) will be codified in regulation.
The rule implements the National Defense Authorization Act (NDAA) of 2019 provision allowing cleared companies operating under a Special Security Agreement to access proscribed information without a National Interest Determination.
The public has until Feb. 19, 2021, to comment on the final rule, and U.S. cleared entities have until Aug. 24, 2021, to comply with all applicable changes.
In a final rule effective Feb. 24, 2021, the U.S. Department of Defense (DoD) codified the National Industrial Security Program Operating Manual (NISPOM) in Title 32, Part 117 of the Code of Federal Regulations.