As we discussed in a prior Alert, parties buying or selling a business must consider how to properly transfer the seller’s contracts to the buyer. Part 42 of the Federal Acquisition Regulation (“FAR”) ...
Is it finally time to fix the outdated, incomplete, and often misunderstood novation regulations? Maybe. On April 5, 2024, the FAR Council released a Notice and Request for Comments requesting ...
NEW YORK--(BUSINESS WIRE)--Provable Markets today announced the successful, real-time novation of a pre-existing bilateral transaction into DTCC’s National Securities Clearing Corporation’s (NSCC) ...
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