Timothy G. O'Connell


Timothy G. O'Connell
  1. People /

Timothy G. O'Connell

Timothy G. O'Connell

Associate


Timothy G. O'Connell
  1. People /

Timothy G. O'Connell

Timothy G. O'Connell

Associate

Timothy G. O'Connell

Associate

St. Louis

T: +1 314 259 2897

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Biography

Timothy O’Connell is a member of the Financial Services and Real Estate Groups.

Prior to joining the Financial Services and Real Estate Groups, Tim served as chief of staff to the mayor of the city of St. Louis and, before that, as the legal counsel to the St. Louis Board of Aldermen. His unique experience and perspective as an attorney who has practiced in the public and private sectors, as well as his decade of experience working as a journalist before becoming a lawyer, adds value to every legal matter he handles for clients.

He has experience advising on many legal issues, including redevelopment agreements, tax incentives, the formation of special taxing districts, public-private partnerships, and complex and high-stakes litigation. He also has advised clients on Missouri campaign finance and lobbying laws and has drafted legislation on diverse subjects.

Before serving in the public sector from 2015 to 2018, Tim worked as a litigator at Bryan Cave LLP, focusing on complex cases as part of the firm’s Class Actions Group. His practice included defending class and collective actions in many areas, including securities, product liability, and consumer fraud actions. He worked on a team that successfully defeated several class actions, arbitrations, and a clawback suit alleging harm by a custodian of self-directed IRAs.

In 2012, Tim worked with several BCLP colleagues to secure the release of a wrongfully convicted man who spent more than 30 years in prison.

Prior to becoming a lawyer, Tim worked in journalism for 10 years, first at the St. Louis Post-Dispatch and then at The Washington Post.

Civic Involvement & Honors

  • Chief of Staff to St. Louis Mayor Lyda Krewson, 2017–2018
  • Legal Counsel to the St. Louis Board of Aldermen, 2015–2017
  • St. Louis Public Schools, volunteer tutor, 2015–2016
  • Washington University School of Medicine, volunteer panelist regarding ethics of doctor interactions with parents of young patients, 2013–2015
  • Legal Services of Eastern Missouri, Young Friends Board secretary 2012–2016, volunteer lawyer, 2010–2016

Professional Affiliations

  • Bar Association of Metropolitan St. Louis

  • Recruiting Committee

Admissions

  • Illinois, 2010
  • Missouri, 2009
  • United States District Courts for the Eastern District of Missouri, and Central and Southern Districts of Illinois

    United State Court of Appeals for the Federal Circuit

    United State Court of Appeals for Veterans Claims

Education

Washington University, J.D., cum laude, 2009

Saint Louis University, M.A., 2000

University of Michigan-Ann Arbor, B.A., 1997

Related Practice Areas

  • Financial Institutions

  • Financial Services

  • Business & Commercial Disputes

  • Real Estate

  • Consumer Finance Disputes

  • Real Estate Disputes

  • Commercial Real Estate

  • Planning & Zoning

  • Finance

  • Litigation & Dispute Resolution

  • Enforcement

  • Litigation

  • Regulation

  • Public Policy & Government Affairs

  • Corporate

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The Small Business Administration’s (“SBA”) release of an Interim Final Rule on loan forgiveness and an Interim Final Rule on SBA loan review procedures, each under the Paycheck Protection Program (“PPP”), add additional clarity to the PPP loan forgiveness application previously released.  Although the interim final rule promises that it provides “a high degree of certainty to PPP borrowers,” all borrowers should continue to consult their lawyers and accounting professionals as they prepare to apply for loan forgiveness.  Borrowers should remain aware that the official guidance is changing weekly, if not daily.  We continue to note that the applications for PPP loans were revised after being initially provided, and while we have no reason to believe the loan forgiveness application will necessarily be revised at this point, the possibility remains.
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Paycheck Protection Program Loan Forgiveness Application Answers Many Questions—But Not All

The Small Business Administration’s (“SBA”) release of its official loan forgiveness application under the Paycheck Protection Program (“PPP,” Section 1102 of the CARES Act) answered a number of questions that borrowers and their legal and accounting advisers had regarding the program. But the application also leaves some questions unanswered, and borrowers, their lawyers, and their accountants are eagerly awaiting the release of promised loan forgiveness regulations that are expected to be posted online in coming days or weeks on Treasury's website. Borrowers should consult all existing regulations and guidance as they prepare to apply for PPP loans and as they prepare to apply for loan forgiveness. What follows is a high-level discussion of what we have observed in the latest guidance, but borrowers should be aware that the official federal guidance is changing weekly if not daily, and, depending on the complexity of a borrower’s application, consultation with a lawyer or accountant may be vital to ensuring compliance with the program. We also note that the original applications for PPP loans were revised after being initially provided and, while we have no reason to believe the loan forgiveness application will be revised at this point, the possibility certainly exists.
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The Coronavirus Aid, Relief, and Economic Security, or “CARES Act”—the third emergency bill that Congress has prepared in response to the Coronavirus (COVID-19) pandemic—was signed into law Friday, March 27, 2020. BCLP lawyers have analyzed the law, including its provision for a Paycheck Protection Program (PPP), and have been advising clients on what impact it may have on their businesses and whether those businesses may be eligible for assistance.

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The Small Business Administration’s (“SBA”) release of its official loan forgiveness application under the Paycheck Protection Program (“PPP,” Section 1102 of the CARES Act) answered a number of questions that borrowers and their legal and accounting advisers had regarding the program. But the application also leaves some questions unanswered, and borrowers, their lawyers, and their accountants are eagerly awaiting the release of promised loan forgiveness regulations that are expected to be posted online in coming days or weeks on Treasury's website. Borrowers should consult all existing regulations and guidance as they prepare to apply for PPP loans and as they prepare to apply for loan forgiveness. What follows is a high-level discussion of what we have observed in the latest guidance, but borrowers should be aware that the official federal guidance is changing weekly if not daily, and, depending on the complexity of a borrower’s application, consultation with a lawyer or accountant may be vital to ensuring compliance with the program. We also note that the original applications for PPP loans were revised after being initially provided and, while we have no reason to believe the loan forgiveness application will be revised at this point, the possibility certainly exists.
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The Coronavirus Aid, Relief, and Economic Security, or “CARES Act”—the third emergency bill that Congress has prepared in response to the Coronavirus (COVID-19) pandemic—was signed into law Friday, March 27, 2020. BCLP lawyers have analyzed the law, including its provision for a Paycheck Protection Program (PPP), and have been advising clients on what impact it may have on their businesses and whether those businesses may be eligible for assistance.