CORPORATE ENTITIES FOR DESIGN PROFESSIONALS: ONE SIZE DOESN’T FIT ALL

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03/27/2018Moss, Ashley G.

You have a license to practice engineering or architecture and want to start your own business.  You’re already licensed – the hard part is behind you, right?  Not entirely.  There are many options to choose from when creating your own company:  a corporation (“Inc.”); a professional corporation (“PC”); a limited liability company (“LLC”); a professional… Read more »

EFFECTS OF THE TRUMP ADMINISTRATION’S NEW 25% TARIFF ON STEEL

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03/26/2018Ostroff, Gretchen M.

On March 8, 2018, President Trump issued a proclamation formally ordering tariffs on steel and aluminum imports. The proclamation states that starting March 23, 2018, all “steel articles” imports “entered, or withdrawn from warehouse for consumption” will be subject to an additional 25% duty (essentially, a tax). The proclamation defines “steel articles” to include flat-rolled… Read more »

YOU LOST, NOW WHAT? MAKING THE DECISION TO APPEAL

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03/25/2018Selman, Andrew P.

Whether expectedly or not, there may come a time when you find yourself on the losing side of a legal battle. Your first reaction might be to consider pursuing an appeal. Below are some points that are helpful to keep in mind as you evaluate your options. Think early about the possibility of an appeal:… Read more »

What Type of Entity is Right for Your Business?

03/16/2018Vandeventer Black

You may have noticed that various real estate acquisition firms, developers, builders, landlords, tenants, and leasing and management firms conduct business in a wide range of entities, but why do they do so and what are the important issues to consider when choosing an entity for your business?  The factors you should always consider before… Read more »

OSHA DEADLINE FOR ELECTRONIC REPORTING OF INJURIES AND ILLNESSES APPROACHING

03/16/2018Vandeventer Black

Last year, the Occupation Safety and Health Administration, (OSHA), issued a rule that requires certain employers to electronically submit on-the-job injury and illness information. In keeping with its responsibility to improve safety for workers, the change seeks to focus more attention on safety through transparency in reporting practices and to ensure that workers will not… Read more »

BUYING AT A FORECLOSURE SALE “DON’T LET A BARGAIN BECOME A BURDEN”

03/16/2018Vandeventer Black

Looming maturity dates (for which borrowers are not prepared to pay the remaining balance) or other monetary defaults of numerous commercial mortgages may present many opportunities for purchasing property on a discounted basis.  With proper precautions and investigation, what appears to be a “deal” really can be a “deal.”  However, purchasing a property at a… Read more »

THE INFORMATIONAL RIGHTS OF MINORITY SHAREHOLDERS IN VIRGINIA

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03/16/2018Vandeventer Black

Although minority shareholders of Virginia stock corporations have little power to elect directors or sway corporate policy, they—or their attorneys or agents—do have some basic informational rights, set out in Sections 13.1-770 through 13.1-773 of the Code of Virginia, to “inspect and copy” certain documents if they give at least 5 business days’ notice to… Read more »

DON’T LET “NON-BINDING” AGREEMENTS ACTUALLY BIND YOU

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03/16/2018Vandeventer Black

More often than I like, my first contact with a prospective borrower from a bank is when I am e-mailed a copy of a signed commitment letter.  In some cases, that commitment letter was preceded by a term sheet that I also didn’t see.  Similarly, often my first contact with the buyer or seller of… Read more »

LOCKARD RECEIVES ABA MILITARY PRO BONO PROJECT OUTSTANDING SERVICES AWARD

03/16/2018Vandeventer Black

Vandeventer Black partner, John R. Lockard, was recently awarded the ABA Military Pro Bono Project Outstanding Services Award by the Standing Committee on Legal Assistance for Military Personnel for his extraordinary pro bono services in 2017. Vandeventer Black also received the ABA Pro Bono Award in the category of Law Firms and Organizations. “We are proud of… Read more »

Arlene Klinesdinst Elected Chair of VBA’s Labor Relations and Employment Law Section

03/06/2018Klinedinst, Arlene F.

Vandeventer Black LLP AV® Preeminent-rated partner Arlene F. Klinedinst was elected to serve as new Chair of the Virginia Bar Association Labor Relations & Employment Law Section. Klinedinst also served as Chair of Vandeventer Black’s Labor and Employment Department. “Serving as Chair of the Labor Relations & Employment Law Section is a great honor for me,”… Read more »