Corporate

The Good, the Bad, and the Ugly: Compensation Issues Faced by Government Contractors (Part 2 of 3)

This entry is the second of a three-part installment on types of deferred compensation and will briefly explain the positive and negative aspects of using stock options and restricted stock grants as means of providing deferred incentive compensation to employees.

The Good, the Bad, and the Ugly: Compensation Issues Faced by Government Contractors

A key issue faced by many government contractors is how to compensate their employees in ways that will ensure that they can attract a talented workforce.  Many executives and employees expect compensation mechanisms based on increases in the value of their employer, in addition to their regular salary compensation.  However, many government contractors are subject to restrictions on certain types of compensation due to regulatory restrictions.  This entry is part of a three-part series on compensation issues faced by government contractors that will explain the

Government Contractors and Bankruptcy: The Automatic Stay Applies to Government Agencies

“Property of the estate” and the “automatic stay” are two of the Bankruptcy Code’s quintessential concepts.  Upon the filing of a bankruptcy petition, the debtor’s property becomes part of the bankruptcy estate.  The concept of property of the estate under the Code is extremely broad, consisting of all legal or equitable interests of the debtor in property wherever located and by whomever held.  Most issues in bankruptcy begin with practioners asking the question: “Does this involve property of the estate?”

SDVOSBs: Government Uses VetBiz Veterans Affairs Database More Often than Self-Certification to Ensure Status

In 2011, the Senate passed the Small Business Contracting Fraud Prevention Act in response to widespread concerns on potential fraud in the government contracting industry by companies falsely claiming to be service-disabled veteran owned small businesses (SDVOSBs).  This bill would require business

Thinking about a Joint Venture for Government Contracting?

Government Contractors creating Joint Ventures has steadily increased in popularity over the last few years.  The exact reasons vary:  need for greater capability in the prime entity, local registration requirements for DCS in foreign jurisdictions, pursuit of set-aside contracts under the disadvantaged status of the key partner, past performance credit attributable to a key partner, facilities or intellectual property provided by a key partner, bundled contracts with greater scope requirements, etc.  The fundamental driver is the Joint Venture enables the gover