Contract Terminations A Consequence of the Times

Thursday, March 21, 2013   8:00 AM - 10:30 AM
Contract Terminations – A Consequence of the Times

Thursday, March 21, 2013
Reed Smith LLP
3110 Fairview Park Drive
Suite 1400
Falls Church, VA 22042

While the spending cuts mandated under Budget Control Act of 2011 were delayed by two months under the recently signed American Taxpayer Relief Act of 2012, near term federal budgetary cuts remain very likely. As a result, government contractors should be prepared for prospects of increased contract terminations in 2013 and beyond.

Please join Gunjan Talati and Joelle Laszlo of Reed Smith and Brad Smith and Mike LaCorte of Cherry Bekaert on March 21st as they discuss federal contract terminations, best practices pertaining to contract terminations, and steps contractors can take to ensure maximum cost recovery should their contract(s) be terminated.

Michael J. LaCorte, CPA – Manager, Cherry Bekaert LLP

Mike specializes in governmental cost accounting, business systems, regulatory compliance, litigation support, and M&A due diligence. He has extensive experience with the Cost Accounting Standards and has completed multiple cost impact models relating to several CAS standards. Mike has experience with several governmental business systems, including accounting, estimating, and purchasing. In addition to conducting discounted cash flow analysis for contractors, he has also been involved in several buy-side M&A due diligence efforts and has supported litigation efforts for lost profits recovery and contract termination settlements.

Joelle E.K. Laszlo, JD – Attorney, Reed Smith LLP
Joelle is an associate in Reed Smith’s Washington, D.C. office, where she practices in the Global Regulatory Enforcement Group. Joelle’s practice primarily involves assisting clients with a variety of issues related to federal and state contracts and grants, including the interpretation and applicability of Federal Acquisition Regulation provisions and clauses, administrative and record-keeping requirements for contractors and grantees, and procurement and funding processes and procedures.

Bradley H. Smith, CPA – Partner, Cherry Bekaert LLP
Brad focuses on providing accounting, compliance, contract and training services to government contractors. He has extensive experience in directing the regulatory compliance function, risk management, dispute negotiation and resolution, M&A due diligence and compliance with statutes and regulations. Brad has also trained business process owners and employees on U.S. government contractor regulatory requirements and statutes, conducted complex testing/monitoring of core government compliance areas and established an initial baseline of compliance performance across a multibillion dollar contractor.

Gunjan Talati, JD – Attorney, Reed Smith LLP
Gunjan is a senior associate in Reed Smith’s Washington, D.C. office, where he practices in the Government Contracts & Grants Group. Gunjan’s practice focuses on all aspects of government procurement law, including small business matters, ethics and compliance issues, and litigation, including bid protests.

Seating is limited, so register now! Registration deadline is Monday, March 18, 2013.

There is no charge for this seminar.

Program Schedule
8:00am - 8:30am
Registration & Continental Breakfast

8:30am - 10:30am

Who Should Attend
This program is designed for Owners, CEOs, COOs, CFOs, and Controllers of government contractors only.

For More Information
Please contact Shannon Shaughnessy at or 703.584.0267.
View All Seminars
your guide forward
Cherry Bekaert LLP
As one of the nation’s largest CPA firms, Cherry Bekaert offers a highly experienced team of professionals, including former government contractor CFOs/controllers, contract managers, procurement executives, operational and compliance advisors, banking and business advisors, tax experts and technology specialists, who know what it takes to be a successful government contractor. |

Reed Smith LLP
Reed Smith is a global relationship law firm with more than 1,700 lawyers in 25 offices worldwide, including offices throughout the US, Europe, the Middle East and Asia. Reed Smith has become a trusted legal adviser to leading international business from Fortune 100 corporations to mid-market and emerging enterprises. We are a preeminent advisor to industries including financial services, life sciences, health care, government contractor, advertising, technology and media, shipping, energy trade and commodities, real estate, manufacturing, and education. |

cherry bekaert swoosh
U.S. Treasury Department Circular 230 Disclosure: In accordance with applicable professional regulations, please understand that, unless specifically stated otherwise, any written advice contained in, forwarded with, or attached to this communication is not a tax opinion and is not intended or written to be used, and cannot be used, by any person for the purpose of (i) avoiding any penalties that may be imposed under the Internal Revenue code or applicable state or local law provisions or (ii) promoting, marketing or recommending to another party any tax-related matters addressed herein.

  Status: CLOSED
Registration Open Until Tuesday, March 19, 2013 11:00 PM (EST)