Paul O’Reilly has been a trusted advisor to his clients for more than 30 years. He represents small startup companies as well as large publicly traded companies, bringing to the table a wealth of business and practical experience to many facets of the law. Paul’s business clients frequently call upon him to handle their personal and financial matters, confident that he will provide solid counsel and assistance throughout any legal or financial issue they have. Recognizing that cost is always a factor in making legal decisions, Paul encourages his clients to engage in a collaborative working relationship, which helps him better understand their process and goals, while also minimizing the costs.
From business formations, mergers, acquisitions, finance, commercial real estate matters, contracts, estate planning or the day-to-day operations of a business, Paul treats each client with the same thoughtfulness and pragmatism. His background and experience in both litigation and transactional law allows him to be equally comfortable in the boardroom or the courtroom. It is Paul’s perspective of what could potentially happen in litigation that shapes his strategies to help clients avoid costly mistakes in their business transactions.
Recently, Paul has been utilizing his significant experience in SBA lending to help clients navigate their way through the coronavirus pandemic and its negative financial effects on their businesses. He has been a featured panelist on several webinars focused on crisis mitigation through use of SBA loan opportunities and the Paycheck Protection Program. One recent client said,
“Paul has been a tremendous resource for my company during the PPP application planning/execution efforts. He is our go to legal resource for PPP guideline interpretation.”
Paul’s clients are located in the Metro Washington area, as well as throughout the United States. Many of Paul’s clients seek his advice and counsel in international matters, and he has negotiated transactions in Australia, Korea, China, India, the Middle East, Liberia, Benin and throughout Europe. He guides his clients’ transactions and oversees local counsel to ensure matters are handled in the most cost-effective and thorough manner.
Professional & Community Affiliations
The Arc Montgomery County, General Counsel
Maryland State Bar Association, Member
Represented borrower/buyer in a buyout of $19 million multi-family housing complex in Kentucky
Represented buyer in acquisition of $10.5 million shopping center in Salisbury, Maryland
Advised start-up with online gaming platform in Nevada
Negotiated financing for assisted living complex in White Plains, Maryland
Negotiated copper futures contract between African and Chinese companies
Represented seller in sale of multiple single-use retail properties
Represented buyer in acquisition of aviation division of a defense contractor
Represented buyer in acquisition of large self-storage facility in Memphis, Tennessee
Structured estate plan for client with multi-national holdings
Seminars and Speaking Engagements
April 30 – Payroll Network Webinar: Small Business Administration Loan Opportunities
April 3, 2020 – Payroll Network Webinar: Small Business Administration Loan Opportunities and Paycheck Protection Program
Seminars & Speaking Engagements
Seminars and Speaking Engagements
April 30 – Payroll Network Webinar: Small Business Administration Loan Opportunities
April 3, 2020 – Payroll Network Webinar: Small Business Administration Loan Opportunities and Paycheck Protection Program
Montgomery County, MD recently shared information about the Hotel Grant Relief Program to provide financial assistance to hotels and other lodging entities located in Montgomery County, MD.
Throughout the coronavirus pandemic, the Small Business Lending Group at Shulman Rogers has been actively supporting clients with their applications for relief funding from the SBA.
The Restaurant Revitalization Fund Grant (“RRF”) was established by the American Rescue Plan Act (“ARP”) to provide 28.6 Billion Dollars in available funds to eligible entities that suffered pandemic-related revenue loss.
As part of the American Rescue Plan Act signed into law on March 11, 2021, the U.S. Small Business Administration launched a new round of Economic Injury Disaster Loan (EIDL) assistance called the Supplemental Targeted Advance.
Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, referred to as the Economic Aid Act has earmarked $284.5 billon for a Second Draw of Paycheck Protection Program (“PPP”) loans.
The SBA released a one-page forgiveness application for Paycheck Protection Program (PPP) borrowers with loans of $50,000 or less. The new application removes calculations required on the forgiveness application generated in June 2020 and seeks to streamline the documentation requirements.
UPDATE: The SBA provided the following updated guidance regarding the Safe Harbor deadline for borrowers. We expect revised interim final rules on this subject by early next week (given that Thursday is the deadline) and we will provide further updates as soon as possible.
Shulman Rogers’ attorneys, Paul O’Reilly and Timothy Bryan, recently joined Kyle Wade and Amy Miller of Payroll Network to present a webinar, Small Business Administration Loan Opportunities.
1. How has Shulman Rogers been assisting its clients with the loan process? Most companies have never applied for SBA loans before and need to figure that out as the world changes around them. At NEXT powered by Shulman Rogers, we made it easier for companies in two ways.
In response to the impact of COVID-19, the Small Business Administration (SBA) announced the availability of Economic Injury Disaster Loans. While some business owners may be tempted to complete the SBA loan application on their own, a single misstep during this part of the process can cause serious problems down the road.