Lawful Thoughts®

Focused on Legal Issues Affecting Businesses
of All Shapes and Sizes

The Challenges of Transactions Involving Trusts or Trust Property

Posted on by Robert H. Chappell, III, Timothy G. Moore in Creditors' Rights, Bankruptcy and Insolvency

Some loan transactions may involve trusts as borrowers, guarantors or pledgers of collateral.
Continue Reading

Conservation Easements, Look Twice and Never Leap

Posted on by Kurt Magette in Tax

The US Congress is considering making permanent the enhanced charitable deduction for conservation easements.
Continue Reading

Patent Law Continues to Unite an Otherwise Divided Supreme Court

Posted on by John M. Erbach in Intellectual Property and Information Technology, Litigation

One area of law appears to unite both ends of the Court's political spectrum--patent law.
Continue Reading

The IRS Has Kicked Another Hornet's Nest

Posted on by Kurt Magette in Tax

Before December 2013, a developer rehabilitating a historic building in VA could have raised about 40% of his rehab costs from outside parties.
Continue Reading

2014 Legislative Update Amendments to the Virginia Code

Posted on by Timothy G. Moore in Creditors' Rights, Bankruptcy and Insolvency

The following summarizes the limited legislation passed during the 2014 VA General Assembly session that may be of interest.to the banking industry.
Continue Reading

Government (EEOC) Must Pay Company's Attorneys' Fees After Delay, Unreasonable Lawsuit

Posted on by John M. Erbach in Employment Law, Litigation

At times, corporate targets of government investigations become frustrated by the apparent lack of responsiveness by the investigating agencies.
Continue Reading

New Court Decision Aids Creditors of Chapter 13 Bankruptcy Debtors

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

There is good news in a recent court decision for creditors of Chapter 13 debtors.
Continue Reading