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A Special 4th of July Message from Lewis Rhodes, LtCol USMCR, GCPC GovCon Practice

Lewis Rhodes, Attorney, Marine Veteran
Dear Friends and Colleagues:  As we head into the Fourth of July Holiday, I wanted to take a moment to reflect on this 245th Birthday of this great Nation.  We have never been perfect, but we have always aspired to be. That is what truly makes the United States so special. We are founded on
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Business Attorney Matthew Brennan Joins General Counsel, P.C.

Matthew Brennan, Business Attorney
NEWS RELEASE Contact:  Merritt Green (mgreen@gcpc.com)  FOR IMMEDIATE RELEASE         Matthew Brennan (mbrennan@gcpc.com)  June 23, 2020     Telephone:  703-556-0411 McLean, Virginia:  General Counsel, P.C. is honored to have Mr. Matthew Brennan join the firm.  For the past 25 years, Mr. Brennan represented clients at Brennan & Waite, P.L.C., a firm he
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Former White Collar Prosecutor Samer Korkor Joins GCPC

Samer B. Korker, White Collar Crime Attorney
  NEWS RELEASE FOR IMMEDIATE RELEASE     June 30, 2020       McLean, Virginia:  General Counsel, P.C. (GCPC) – a full-service law firm serving as external general counsel to a wide variety of companies – announced today the addition of Samer Korkor as a Senior Counsel.  Samer is a former federal prosecutor and focuses on
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Congress Makes PPP Loan Forgiveness Easier

PPP Loan Forgiveness Easier
Congress just passed new legislation with significant changes to the PPP forgiveness terms.  Titled the  Paycheck Protection Flexibility Act, Congress’s goal was to ease the burden on businesses  for allocating and spending PPP funds within a finite period of time. Passing with overwhelming bi-partisan support, President Trump is expected to sign this Act into law. 
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SBA Clarifies PPP Good Faith Certification Question

Small Business Administration Seal
As promised, today the SBA published its latest round of guidance on the Paycheck Protection Program (“PPP”) and the “good faith” certification. We have discussed this topic in detail here and here. Back on April 23rd, in light of public outcry over large, publicly traded companies receiving PPP loans, the SBA clarified that only companies
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SBA Heightens Certification Requirement for PPP Loans and Provides a Safe Harbor

Requirements for CARES Act PPP
The SBA published new guidance for the Paycheck Protection Program on April 23rd. To no one’s surprise given the press around the first wave of the loans, the SBA ratcheted up the certification requirements for these loans. In a PPP loan application, a borrower needs to certify that the “current economic uncertainty makes this loan
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CARES Act Relief for Government Contractors

U.S. Capital where the CARES Act was put into law
NOTE: more information on this subject is also available in this recording of an interactive session with government contractors about these provisions. You May be Eligible for Reimbursement for Paid Leave Now that the dust has settled on the Paycheck Protection Program (which is also just about out of funding), it is time to look
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The Lifeline for Mid-Sized Businesses: Main Street Lending Option

Main Street Lending Option
On April 9, the Department of Treasury and the Federal Reserve published the regulations governing the Main Street Lending Program. This program is funded under the CARES Act and is designed to support small and mid-sized businesses who did not qualify for the Paycheck Protection Program (“PPP”). However, this program may also be available to
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CARES Act’s Small-Business Loan Programs

Congress passes CARES Act for Coronavirus economic impact
Late last week the President signed into law the CARES Act – a $2 trillion relief package to help companies harmed by the Coronavirus outbreak.  A very important part of this Act is the “Paycheck Protection Program” — which provides for nearly $350 billion for small business loans.   This program was set up through the
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Coronavirus Impact on Business Contracts – Live Recording 4/1/2020

Coronavirus covid-19 impact on contract obligations
The quarantine and social distancing stemming from the Coronavirus covid-19 pandemic, has an effect on many businesses ability to meet their contractual obligations. In this live recording of attorney Lewis Rhodes talking to business owners on April 2, 2020, he covers the implications to businesses who are unable to meet their contractual obligations due to
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