Lawful Thoughts®
Focused on Legal Issues Affecting Businesses
of All Shapes and Sizes
U.S. Supreme Court and 4th Circuit Each Rules for Creditors in Recent Notable Opinions
This month we report on two very recent court decisions that are noteworthy for creditors.
Continue ReadingDefend Trade Secrets Act Signed Into Law
On May 11, 2016, President Obama signed into law the Defend Trade Secrets Act (DTSA).
Continue ReadingBank With U.C.C. Security Interest In Deposit Account v. Garnishment Creditor: Who Has Priority?
In a recent case, however, a federal court ruled that a Garnishment Creditor trumped the bank's security interest in its borrower's deposit account.
Continue ReadingHow Did Richmond Become the Epicenter of Grocery Wars?
It seems as if every week there is an announcement of the opening or expansion of yet another grocery store in the Richmond metropolitan area.
Continue Reading"Duke Rules Package" Implementation: Revisions to the Federal Rules of Civil Procedure Four Months Later
The Supreme Court adopted most of the “Duke Rules” effective December 2015. This article provides an update on how courts have applied FRCP changes
Continue ReadingCreditors Take Note: New Bankruptcy Forms Become Effective December 1, 2015
Effective December 1, 2015, most existing Official Bankruptcy Forms will be replaced with new forms.
Continue ReadingContractors: To Waive Or Not To Waive Consequential Damages?
A waiver of consequential damages is contained in many construction contracts.
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