Sequestration Raises Labor Law Risks For Contractors

Law360, New York (April 1, 2013, 12:42 PM EDT) -- On March 26, 2013, President Obama signed a spending bill that will provide funding for the federal government through Sept. 30. Although the bill locks in the $85 billion in sequester cuts, it provides agencies more flexibility in implementing them. In response to the bill, the U.S. Department of Defense has announced it is delaying furlough notices to approximately 800,000 civilian employees in order to assess its options under the bill.


Notwithstanding the additional flexibility provided by the bill, sequestration will continue to cause significant...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.