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Reimbursements Private Funds

WilmerHale

Supreme Court Rules E-Rate Reimbursement Requests Are “Claims” Under the False Claims Act

WilmerHale on

On February 21, 2025, the Supreme Court unanimously held that requests for reimbursement from a privately administered fund qualified as “claims” under the False Claims Act (FCA) because the government “provide[d]” a...more

King & Spalding

SEC Issues Significant Private Fund Proposal: Standardized Prohibitions and Requirements

King & Spalding on

On February 9, in a 3-1 vote, the SEC approved a rule proposal (the "Proposed Rule”) that represents a sea-change in the Commission’s approach to private funds, with the Proposed Rule including provisions that would impose on...more

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