Lawful Thoughts®

Focused on Legal Issues Affecting Businesses
of All Shapes and Sizes

Three New Virginia Laws Relevant to Banks

Posted on by Neil E. McCullagh, Christopher A. Hurley

In this article, we discuss three new Virginia laws the session produced that are especially relevant to banks.

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Am I Free From My Noncompete? Not So Fast!

Posted on by John M. Erbach, Kasey Hoare Michelle

Learn more about pending issues with the FTC's decision to ban noncompetes.

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Avoiding Bankruptcy Stay Violations: An Update

Posted on by Neil E. McCullagh in Creditors' Rights, Bankruptcy and Insolvency

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...

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The Deadline is Here: Is Your Business Required to Register with RetirePath?

Posted on in Corporate and Business, Employment Law

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...

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New Reporting Requirements May Affect Your Business: An Overview of the Corporate Transparency Act

Posted on in Corporate and Business

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...

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Federal Policy Statement Regarding Commercial Real Estate Loans

Posted on by Christopher A. Hurley

Policy provides guidance on the agencies’ supervisory expectations with respect to financial institutions’ handling of CRE loan accommodation & workout matters.

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Virginia Employers Beware: New Employment Laws in Effect as of July 1, 2023

Posted on by Kasey Hoare Michelle, Nancy Y. Simpson in Corporate and Business, Employment Law

There were a handful of important updates to employment law in the Commonwealth effective July 1 made in the 2023 Virginia legislative session.

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