Cost Allowability: Supreme Court Tacitly Endorses Rejecton Of Business Judgment Rule When Gauging Cost Reasonableness

Mondaq Business Briefing By Hilary Cairnie 16 January 2015 On October 6, 2014, the Supreme Court of the United States (“Supreme Court”) denied certiorari in Kellogg Brown & Root, Inc.’s (“KBR“)…

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