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Federal 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.
Continue ReadingVirginia Employers Beware: New Employment Laws in Effect as of July 1, 2023
There were a handful of important updates to employment law in the Commonwealth effective July 1 made in the 2023 Virginia legislative session.
Continue ReadingNew UCC Amendments Address Certain Digital Assets
The growth in use of digital assets, such as cryptocurrencies and non-fungible tokensgrowth requires changes to the law.
Continue ReadingCelebrating Black History Month with Legal Firsts in Virginia
To celebrate Black History Month, Spotts Fain will be highlighting a few of the many black attorneys who had a significant impact on equal access to justice in Virginia over the years. This year we ar...
Continue ReadingApplication of the Fair Credit Reporting Act to Debts Discharged in Bankruptcy
A recent federal court opinion regarding the applicability of the Fair Credit Reporting Act (“FCRA”) to consumer reports obtained on accounts that have been discharged in bankruptcy highlights the nee...
Continue ReadingVirginia's Pass-Through Entity Tax: Significance, Structure Problems, Potential Solutions, and Happy Wishes
The third in a series of posts outlining Virginia's pass-through entity tax significance, problems and potential solutions.
Continue ReadingVirginia PTET for Multitier Tax Partnerships: One Bridge Too Far?
An overview of the Virginia's pass-through entity tax, which has been enacted retroactively.
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