More Novation Complexity In Gov't Contracts M&A?

By Scott Freling, Alex Hastings and Andrew Guy (December 3, 2018, 5:48 PM EST) -- Government contractors undergoing an asset transaction know all too well the peculiarity and uncertainty associated with the transfer of a U.S. government contract through the required novation process. In two recent decisions, the Government Accountability Office considered the impact of such transactions and the novation process on the pursuit of new task orders from the U.S. government, with disappointing results for the affected contractors....

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