COMPLETE BUSINESS AND TAX COUNSEL FOR DC AREA BUSINESSES AND BEYOND
At General Counsel, P.C., our attorneys have extensive experience representing a wide range of local, regional, and national companies and business ventures. We are particularly attuned to the needs of government contractors and emerging growth companies as they engage in a variety of transactions.

Business Break-Ups Can Be Complicated – Valuation of Corporate Shares

Business Break-Ups or Business Divorces occur when business owners can no longer agree on operations or future of a company.  As we wrote in this article, What Should I Consider During a Business Divorce, messy (and expensive) business break-ups can be minimized or avoided by careful planning. In a recent case, the plaintiff shareholder filed
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Leesburg Man Arrested for $2.5M CARES Act Loan Fraud

Leesburg man arrested for $2.5M CARES Act Loan Fraud
In an October 20, 2020 Press Release, the Department of Justice announced that Didier Kindambu, was arrested on charges of fraudulently obtaining over $2.5 million in loans through the CARES Act Paycheck Protection Program (PPP) for his businesses Papillon Air, Inc. and Papillon Holdings.  It is alleged that Kindambu created fraudulent payroll documentation and submitted
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Acclaim Technical Services, LLC Acquires Global Consulting Services, Inc.

Congratulations to General Counsel, P.C. client Global Consulting Services, Inc. (GCS) on its acquisition by Acclaim Technical Services, LLC. We were pleased to help with legal services through this transaction. Acclaim Technical Services, LLC (ATS)announced Sept. 1 it has acquired Global Consulting Services, Inc. (GCS), a Rockville, MD-based company with approximately 30 employees, to meaningfully differentiate and
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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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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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Supreme Court of Virginia Finds in Favor of Minority Shareholder

Minority shareholders in corporations are disadvantaged because they have little power to control the decision-making of the corporation. However, minority shareholders are not without rights. There are legal protections in place for minority shareholders and such shareholders should ensure they are aware of their rights so they are able to protect them. In a recent
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TechINT v. Sasnett

Reviewing employment agreement non-compete terms
Preliminary Injunction granted to Govcon for Non-Solicitation Restriction GCPC Practical Counsel:  Restrictive Covenants must be drafted as narrowly as possible and the enforceability depends on the facts of the particular situation.  In this case, prohibition against soliciting clients to provide competing services enforced. TechINT Solutions Group, LLC v. Sasnett, U.S. Dist. Ct, W.D.Va, Harrisonburg Div
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YOUR INSURER – FRIEND OR FOE?

With increased frequency in the past several months, General Counsel, P.C. corporate and litigation attorneys have been assisting clients, both prospectively by reviewing policies and reactively by negotiating with insurance companies. The below article was written by Clifton Mount, one of General Counsel, P.C.’s Senior Litigation Attorneys.  If you have any questions about your business
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The Importance of a Documenting Your Business Co-Ownership Relationship

Starting a business partnership
This post was originally published in May, 2012. We’re re-posting in case you missed it.  Introduction You may have had a conversation with a friend about how you would do well as business partners. Or perhaps an industry contact suggests participating in a startup. Sharing ownership of a business with another person can have significant
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Top Ten Issues a Freelance Professional Should Address in a Services Agreement

This post was originally published in May, 2012. We’re re-posting in case you missed it.  Introduction A freelance professional, whether a management consultant, a graphic designer or a bookkeeper, obtains clients by building a relationship with his or her clients based on knowledge and trust. Too often, however, the relationship sours because the parties either
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Starting a Business in the Washington Metro Area

Starting a business in DC
This post was originally published in February, 2014. We’re re-posting in case you missed it.  Determining the Appropriate Business Entity–Should I Form an LLC or a Corporation? Every potential business owner and service provider should give serious consideration to forming a business entity when they start a business to limit his/her individual liability for the
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General Counsel, P.C. joins IR as the exclusive Employment Law (Corporate) Member in US – Virginia

We are proud to announce that our firm has joined IR Global as the exclusive member for Employment Law in Virginia (corporate). IR Global is the fastest growing professional service firm network in the world; providing legal, accountancy and financial advice to companies and individuals across 155+ jurisdictions. Our founder, Merritt Green, and General Counsel Law
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New Year’s Resolutions for Employers

Happy New Year.  A new year is a good time to review and update human resources / employment policies and procedures.  Provided below are eight (8) topics that all employers should review. Review and Plan: Most employers understand that HR problems can derail a business operation.  Accordingly, business owners/managers should conduct a review of 2018
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Employment Law Update: Supreme Court Says Arbitration Requirements in Employment Agreements are Enforceable

A recent U.S. Supreme Court case, Epic Systems Corporation v. Lewis upheld employers’ use of class-action waivers in arbitration agreements. No. 16-285, 2018 WL 2292444, at *1 (U.S. May 21, 2018). Based on this ruling, employees that have signed such agreements are no longer able to join together to sue employers and instead must use
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What Should I Consider During a Business Divorce?

Business relationships fail for many different reasons:  business partners may have long-term disagreements, a change in leadership, or simply a desire to go in different directions. Even successful businesses may have to deal with business divorce issues if business partners decide that the benefits of continuing their business relationship are outweighed by the costs accompanying
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Public Policy Exception to At-Will Employment Doctrine in Virginia

In Virginia, employment relationships are presumed to be “at will,” which means that the employment term extends for an indefinite period and may be terminated by either party for any reason, or no reason at all, upon reasonable notice. Virginia courts “have strenuously adhered” to the presumption of at-will employment. See Nguyen v.CNA Corp., 44 F.3d
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Unlawful Retaliation: How to reduce our exposure and protect our employees?

It is imperative for employers to be aware of the law on unlawful retaliation and its implications on their business practices and workplace. Title VII of the Civil Rights Act of 1964 declares it unlawful for an employer to discriminate against an employee because he/she opposed any unlawful employment practice or made any charge, testified
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Personal Liability for Corporate Obligations – How to Avoid Piercing the Corporate Veil

When individuals form business entities, generally they choose entities that allow them to limit their personal liability, leaving only the entities’ assets vulnerable to lawsuits. For corporations and Limited Liability Companies (LLC), the business entities are separate from the corporate officers and shareholders (or LLC members), and these individuals are typically not liable for the
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Impact of 2018 Tax Changes on Taxation of Employment-Related Settlement Payments

Passage of the Tax Cuts and Jobs Act (the “Tax Act”) has greatly altered the individual and business tax landscape.  A significant change under the Tax Act is the income tax treatment for employers and employees that are parties to employment-related settlements. (For more information on how the Tax Act affected the taxation of employment-related
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