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Media Coverage

Employers See Strings Attached In CARES Act Relief

Source: Law360

Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas

Media Coverage

Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas

04.06.20

Congress has set aside $500 billion in the CARES Act to help certain hard-hit businesses during the COVID-19 pandemic, but those funds come with a newly created special inspector general whose oversight could result in an increase in enforcement and litigation similar to that seen in the aftermath of the 2008 financial crisis, Law360 reports.

Elizabeth Moeller, leader of Pillsbury’s Government Law & Strategies group, said the firm has been advising clients to start with compliance first, invoking the age-old saying, “The best defense is a good offense.” Companies should act as if they are being investigated or accused of violating the FCA, Moeller added.

Read the full story on Law 360.

Tags
Elizabeth Vella Moeller, COVID-19 and Economic Impact Resource Center, Government Law & Strategies, Corporate, Ethics and Compliance, COVID-19: Government Stimulus Guidance, COVID-19: Financial Strategies, Washington, DC