In basketball there is a shot clock. Once a team has the ball, it must shoot within 30 seconds. We’re obviously talking about college basketball since its March, but the NBA has a similar 24-second shot clock. Failure to shoot within the required time automatically gives the ball back to the other team. The law’s version of the shot clock is the statute of limitations (not to be confused with the statute of repose. Once […]
On Friday, February 20, 2026, the U.S. Supreme Court issued a 6-3 decision in which it held that the President is not authorized to impose tariffs under the International Emergency Economic Powers Act (IEEPA). In 2025, the Trump Administration relied on the IEEPA when it imposed reciprocal and country-specific tariffs that ranged from 15% to 40%, depending on the country and the type of goods being imported. Shortly after the Court issued its opinion, […]
Volatile U.S. tariff announcements continue to affect international supply chains for U.S. construction projects. Although recent litigation has centered on the scope of presidential tariff authority rather than construction‑specific disputes, these decisions carry important implications for how parties structure risk in their contracts. In May 2025, the U.S. Court of International Trade (CIT) struck down certain “Liberation Day” tariffs as exceeding presidential authority under IEEPA. A federal district court in Washington, D.C. likewise issued […]