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Blank Rome, SBA, and DOJ Present Webinar on New Presumed Loss Rule

Blank Rome LLP Partner Albert (“Al”) B. Krachman will host the complimentary webinar, “The SBA's New Presumed Loss Rule: Perspectives from the SBA, DOJ, and Business,” on December 6 from12 noon to 1:15 p.m. EST.  Mr. Krachman will be joined by Kenneth Dodds, Director of the Small Business Administration’s (“SBA”) Office of Government Contracting, and Ryan Faulconer, Assistant U.S. Attorney in the Financial Crimes and Public Corruption Unit of the U.S. Attorney's Office for the Eastern District of Virginia.  This is the first joint presentation of the SBA and the Department of Justice (“DOJ”) on this new Rule.

The webinar will focus on the SBA’s new Presumed Loss Rule, which dramatically changes the consequences for mis-certification of a business' size or status and dictates that large and small organizations modify their business practices and strategies.  The Rule also leaves open some critical, unanswered questions for small and large businesses alike.  The discussion will cover the conduct targeted by the Presumed Loss Rule, its purpose, and:

  • the new standard of care in size and status representations;
  • the Presumed Loss Rule and SBA Size/Status Determinations;
  • the role of the DOJ and possible triggers for DOJ enforcement action;
  • safe harbors and mitigating circumstances;
  • actions required by small and large businesses; and
  • offensive and defensive uses of the Rule by competitors.

For more information on this complimentary webinar, please visit: www.BlankRome.com/SBAPresumedLoss.

Al Krachman is a partner in Blank Rome’s public contracts practice group and has nearly thirty years of experience providing legal counsel to companies that do business with, or desire to do business  with, governments on all aspects of government contracting and government grants.  His practice spans the civilian and defense agencies and the key vertical sectors within those agencies, such as contracting for energy supplies and services, telecommunications, information technology, IT and guard security services, construction, and health care services and supplies.