Corporate and Business

The Landlord’s Lien: An Often-Ignored Pitfall for the Secured Creditor

Posted on by Timothy G. Moore in Commercial Real Estate, Corporate and Business, Creditors' Rights, Bankruptcy and Insolvency

written by: Timothy G. Moore; Karl A. Moses, Jr; Neil E. McCullagh The landlord’s lien is a statutory remedy in Virginia that is often overlooked by creditors who lend to individuals or entities who ...

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Recent Lawsuits Against Home Mortgage Servicers Focus on Bankruptcy Compliance

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

The past year has brought notable court decisions regarding alleged failures by home mortgage servicers to comply with bankruptcy rules and orders. The stakes have been high, with the servicers often ...

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Virginia Pass-Through Entity Tax and Multitier Tax Partnerships

Posted on by Kurt Magette in Corporate and Business

Virginia just enacted a pass-through entity tax (“PTET”), which applies in 2021 through 2025, inclusively. Many commentators have addressed the PTET, and I defer to them for the details. The PTET allo...

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Opportunity Fund Zones: Three Ticking Clocks?

Posted on by Kurt Magette in Commercial Real Estate, Corporate and Business, Tax

On November 7, 2018, I published a blog entitled: “Opportunity Zones: Tax Deferral and Exclusion Beyond Like-Kind Exchanges”. Since then, the Treasury Department has issued over 500 pages of Final Reg...

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Recent Developments: (A) The “Material Adverse Change” Clause (Part II); and (B) Changes to the Small Business Bankruptcy Debt Limit

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

RECENT DEVELOPMENTS: (A) THE “MATERIAL ADVERSE CHANGE” CLAUSE (PART II); AND(B) CHANGES TO THE SMALL BUSINESS BANKRUPTCY DEBT LIMIT. Two years ago, as COVID began to take its toll on the economy, ...

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Understanding Virginia’s “Source of Funds” Protections

Posted on by W. Martin Williams in Corporate and Business

Last October, the Virginia Attorney General’s Office filed several lawsuits against various Virginia landlords and property management companies alleging discrimination against renters participating i...

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PPP Loans: Frenetic Fixes and Forgiveness

Posted on by Kurt Magette in Corporate and Business

The rules related to Payroll Protection Program (“PPP”) loans are confusing. This article provides a summary and, hopefully, some clarity.

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