April 11, 2011

John Cooney quoted in GovernmentExecutive.com

1 min

Venable partner John Cooney was quoted in an April 8, 2011 GovernmentExecutive.com article on the impacts of a government shutdown on contractors. Cooney said that the effects of a shutdown on contractors would depend on its length and the size and diversity of the company. He noted that a short-term shutdown would likely have minimal impact on large and midsize companies since they have existing revenue and liquidity, but small firms with only a single contract would be more affected – "This could put real pressure on their finances."