Lawful Thoughts®
Focused on Legal Issues Affecting Businesses
of All Shapes and Sizes
Home Mortgage Lender Defeats Proposed Loan Modification In Chapter 11
This article covers an important recent victory for home mortgage lenders.
Continue ReadingThree New Virginia Laws Relevant to Banks
In this article, we discuss three new Virginia laws the session produced that are especially relevant to banks.
Continue ReadingAm I Free From My Noncompete? Not So Fast!
Learn more about pending issues with the FTC's decision to ban noncompetes.
Continue ReadingAvoiding Bankruptcy Stay Violations: An Update
Introduction In 2021, the U.S. Supreme Court ruled that a creditor did not violate the automatic stay in bankruptcy when it refused to surrender vehicles after the owners filed Chapter 13 bankruptcy c...
Continue ReadingThe Deadline is Here: Is Your Business Required to Register with RetirePath?
February 15, 2024 is the deadline for eligible employers to register with RetirePath Virginia, a state-sponsored retirement savings program for private-sector employees. If your business has fewer tha...
Continue ReadingNew Reporting Requirements May Affect Your Business: An Overview of the Corporate Transparency Act
Beginning on January 1, 2024, most businesses in the United States are subject to an important new federal reporting requirement. The Corporate Transparency Act (“CTA”) requires companies to report in...
Continue ReadingFederal Policy Statement Regarding Commercial Real Estate Loans
Policy provides guidance on the agencies’ supervisory expectations with respect to financial institutions’ handling of CRE loan accommodation & workout matters.
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