New Requirements and Increased Supervision Over Economic Stimulus and Bailout Funds May Increase Potential False Claims Act Liability for Recipients
16 June 2010
Foley Partner Michael Matthews, Senior Counsel Danielle Whitley, and Associates Mary Kendrick and John Wolfel authored an article titled “New Requirements and Increased Supervision Over Economic Stimulus and Bailout Funds May Increase Potential False Claims Act Liability for Recipients” in the July/August 2009 issue of the Financial Fraud Law Report. The authors discuss supervisory measures over the economic stimulus and bailout funds that could increase the risk of potential civil and criminal liability for recipients. They state that stimulus or bailout fund recipients should implement oversight mechanisms for monitoring the manner in which funds are used.
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Events
Takeaways from the Trenches: the JetBlue/Spirit Merger Trial
Foley Partner Ben Dryden will moderate a panel for the ABA State Enforcement and the Mergers and Acquisitions Committees as they host a panel consisting of both enforcers and private practitioners, who will discuss the JetBlue/Spirit merger and what this decision may mean for the future of merger enforcement, including in the airline industry.