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Published on Nov 5, 2014
Novations can be tricky transactions and often require a combination of legal know-how as well as business sense and close communication with the government personnel responsible for approving the transaction. Many clients and companies we come across are confused about novations or have misconceptions about what a novation is, when it is required, or what it means for their company or their customers.
In this webinar, PilieroMazza attoneys Cy Alba and Kimi Murakami will clear up those confusions and give you the tools and knowledge you need to maximize the possibility of a successful novation, or avoid the process where possible. Some of the key topics discussed are:
- What is a “novation,” and what is required for such a transaction? - When are novations necessary and when can they be avoided? - What is the impact a novation will have on your small business status? - What are some of the main problems that contractors encounter when novating contracts? - What is the difference between a novation and a change of name agreement? - What are some of the unwritten rules certain agencies have regarding novations?
PilieroMazza PLLC is a full-service law firm located in Washington, D.C. We are most well known for our government contracts practice and for over 25 years have helped our clients navigate the complexities of doing business with the federal government. We also provide a full range of legal services including advice on corporate, labor and employment, SBA procurement programs, and litigation matters. Visit our website at http://www.pilieromazza.com/
PilieroMazza materials appearing on our website (www.pilieromazza.com) and other webpages have been prepared by PilieroMazza to generally inform visitors about our law firm and legal developments that may be of interest to them. Viewers should not rely on these materials as legal advice about specific legal issues and these materials are not guaranteed to be complete, correct, or up-to-date. Such advice can be rendered only contemporaneously and by counsel familiar with the complete facts and circumstances involved. You should not act upon the information on this website or webpage without consulting with legal counsel. Posting and viewing of these materials is not intended to constitute the rendering of legal advice or to create any attorney-client relationship with the viewer.