Government Contracts Partner Elizabeth (Beth) Ferrell was quoted in Law360 Government Contracts in regards to compliance and enforcement crackdowns. Another key regulatory trend that government contractors should be aware of involves increased oversight over their activities, both on the civil and criminal side. These efforts include the U.S. Department of Justice's memorandum on "Individual Accountability for Corporate Wrongdoing," more commonly known as the Yates memo, after Deputy Attorney General Sally Quillian Yates unveiled the directive.
"If you talk to the white collar bar, [they say] ... if you’re a company and you want to settle, under this new directive and this new policy, you’re going to have to throw your executives, or the culprits, under the bus to get your settlement," said Ferrell. "So there's a lot of concern that is going to increase the liability of individuals."
Read the complete Law360 Government Contracts article, “Gov't Contracts Legislation And Regulation To Watch In 2016,” which first appeared on December 24, 2015. (Login Required)