Senate Passes Historic COVID-19 Stimulus Package: Billions Set Aside for Small Businesses
On March 25, 2020, the U.S. Senate unanimously passed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), and the House of Representatives is expected to similarly pass the CARES Act on March 27, 2020. The legislation represents an unprecedented stimulus package as the government attempts to mitigate the economic damage associated with the novel COVID-19 pandemic. Below is a summary of some of the central components of the stimulus package that focus on economic relief for small businesses. . . . Read More
BLOG: Employers: A Briefing on Federal Agencies’ Responses to COVID-19
Federal, state, and local governments are working around the clock to implement various measures in the midst of the COVID-19 crisis. Additionally, a number of federal agencies and departments are also taking action in response to the outbreak. For employers across the nation, it is undeniably an unstable and unclear time, with no concrete signs of when there will be a sense of normalcy again. However, in the meantime, we compiled a list of some of the agencies with brief . . . Read More
BLOG: COVID-19 and Material Adverse Effect Provisions in Acquisition Agreements
The coronavirus (COVID-19) continues to create extensive uncertainty for individuals and businesses. For parties actively pursuing an M&A transaction, COVID-19 presents the buyer and seller with additional risks both pre- and post-closing, including impacting the valuation of the target company, increasing exposure to liabilities relating to performance and payment obligations, expanding risk of claims from employees and other personnel, among other extraordinary risks that may result in delay or, in the worst cases, termination of the transaction. Traditionally, acquisition agreements include . . . Read More
Weekly Update for Government Contractors and Commercial Businesses – March 20, 2020
If you have questions concerning the content below, please visit this link . ANNOUNCEMENT: PilieroMazza Forms “COVID-19 Client Response Team,” March 18, 2020 To address the concerns of our clients and resource partners during and long after the coronavirus pandemic, PilieroMazza created the “COVID-19 Client Response Team.” The Team’s purpose is to offer government contractors and commercial businesses practical guidance with information and resources necessary to protect you, your business, and your personnel against the far-reaching impacts of COVID-19. Please also visit . . . Read More
Breaking Down SBA’s COVID-19 Economic Injury Disaster Loan
UPDATE: Since this alert was posted, all states and territories received an EIDL decaration. Also note that loan terms will change with the CARES Act. Please follow the linked text to PilieroMazza’s Client Alert “ Senate Passes Historic COVID-19 Stimulus Package: Billions Set Aside for Small Business ” for recent developments. _____________________________________________________________________________________________________________________________________________________________________________________________________ The unprecedented impact of the COVID-19 pandemic on small businesses has caused the Small Business Administration (SBA) to institute an Economic Injury Disaster Loan (EIDL) program aimed at aiding those affected by the pandemic. Whether you’re a government contractor . . . Read More
ANNOUNCEMENT: PilieroMazza Forms “COVID-19 Client Response Team”
To address the concerns of our clients and resource partners during and long after the Coronavirus pandemic, PilieroMazza created the “COVID-19 Client Response Team.” The Team’s purpose is to offer government contractors and commercial businesses practical guidance with information and resources necessary to protect you, your business, and your personnel against the far-reaching impacts of COVID-19. Led by Cy Alba , Nichole Atallah , Kathryn Hickey, and Matt Feinberg , the COVID-19 Client Response Team comprises partners from PilieroMazza’s core practice groups, including Government Contracts , Business & Transactions , Labor & Employment , and . . . Read More
COVID-19: PilieroMazza Addresses Client Concerns on the Impact to Their Business, Your Questions Answered
Click here to view the recorded session. As always, PilieroMazza’s primary focus is to keep our clients, resource partners, and the business community at large informed on how our attorneys can help you address your business and legal concerns. With Coronavirus top-of-mind for everyone, we thought it best to conduct a webinar on how the virus could impact you and your business. Please join partners Cy Alba , Nichole Atallah , and Matt Feinberg Q&A session where they will address the following and more: What can companies . . . Read More
COVID-19 Emergency Sick and Family Leave: What Employers Need to Know
The United States Senate just rubber stamped the House version of emergency measures to help employees and families in response to the COVID-19 pandemic during this National Emergency. The law includes provisions you have likely been following closely. President Trump is expected to sign the bill this evening and it is expected to go into effect on April 2. Below, we’ve broken down what employers need to know now to prepare their business for sick and family leave in the era of . . . Read More
BLOG: Raytheon Challenges CO Intellectual Property Decision in COFC
In a recent Court of Federal Claims (COFC) case, [1] Raytheon Corporation (Raytheon) challenged a federal agency order that a Government Purpose Right (GPR) legend be affixed to documents purportedly containing technical data. COFC held that the contracting officer’s (CO) decision that the documents contained technical data and the CO order to affix a GPR legend constituted a claim under COFC jurisdiction.This demonstrates that government contractors may challenge similar intellectual property disputes in COFC, despite an adverse final decision from a . . . Read More
CMMC Is Coming: Are You Ready?
Presented by Jon Williams and Anna Wright. Click here to view the recorded session. Now that the Department of Defense (DOD) has released the final version of the Cybersecurity Maturity Model Certification (CMMC) guidelines, all contractors that work directly or indirectly on DOD contracts should be preparing to obtain the CMMC. This important new certification, which DOD will eventually require for all DOD contracts, demonstrates your IT system’s capability for protecting DOD-sensitive information and will help you gain (or not lose) a competitive . . . Read More