Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

The Corporate CounselorKickerFeaturesTopicsLitigationSectionsNewsLJN Newsletters

Economic Stimulus and False Claims Act Liability

By David Lee Tayman

Over the past several months, most of us have seen the literal signs of government stimulus alongside the highways and byways we travel ' “Putting America to Work, This Project Funded by the American Recovery and Reinvestment Act,” reads a typical placard. The American Recovery and Reinvestment Act of 2009 (“ARRA”) encompasses a number of government programs designed to stimulate the economy, including “Payments for Specified Energy Projects In Lieu of Tax Credits” (PILOTCs), the “Community Development Financial Institutions Fund,” the “New Markets Tax Credit,” grants to states for low income housing projects in lieu of low income housing tax credit allocations, Department of Energy loan guarantees, and others.

Given the current economic climate, there has been strong interest in these programs. Due to the slowdown of general commercial activity, many stimulus applicants and recipients are companies that have traditionally done little, if any, business with the government. Setting aside the contentious issue of whether stimulus activities are good for the economy at large, it is important that applicants for, and recipients of, stimulus funds realize that participation in these programs could result not only in significant benefits, but also in exposure to legal liability. The peculiarities of Government procurement and grant programs are not novel, but could be beyond the expectation of a company used to doing business solely in the private sector.

This premium content is locked for Entertainment Law & Finance subscribers only

  • Stay current on the latest information, rulings, regulations, and trends
  • Includes practical, must-have information on copyrights, royalties, AI, and more
  • Tap into expert guidance from top entertainment lawyers and experts

For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473

Read These Next
The Article 8 Opt In Image

The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.

Major Differences In UK, U.S. Copyright Laws Image

This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.

Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers Image

There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.

Strategy vs. Tactics: Two Sides of a Difficult Coin Image

With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.

Warehouse Liability: Know Before You Stow! Image

As consumers continue to shift purchasing and consumption habits in the aftermath of the pandemic, manufacturers are increasingly reliant on third-party logistics and warehousing to ensure their products timely reach the market.