Lawful Thoughts®
Focused on Legal Issues Affecting Businesses
of All Shapes and Sizes
Using Virginia Historic Tax Credits to Offset the Virginia Bank Franchise Tax
The Federal and Virginia governments subsidize rehabilitations of historically significant buildings.
Continue ReadingGood News for Subcontractors and Suppliers: Prospective Lien and Bond Claim Waivers are Null and Void
With the passage of Senate Bill 891,Virginia joins the ranks of a majority of states that prohibit mechanic's lien or payment bond claim waivers.
Continue ReadingJames River Coal Files Lawsuits To Recover Alleged "Preference" Payments
James River Coal Company filed Chapter 11 bankruptcy in the US Bankruptcy Court for the Eastern District of Virginia on April 7, 2014.
Continue ReadingUp in Smoke?
Can your tenant negligently start a fire in the leased premises and walk away without liability?
Continue ReadingSupreme Court of Virginia address timeliness of a nonsuit under Va. Code § 8.01-380(A)
On April 16, 2015, the Supreme Court of Virginia issued an opinion regarding the timeliness of a nonsuit under Virginia Code § 8.01-380(A).
Continue ReadingAvoiding These Common Contract Administration Issues May Lessen the Likelihood of Claims
This article highlights the most frequent project administration mistakes made by contractors that cause or contribute to disputes and claims.
Continue ReadingClarifying TILA's Extended Right of Rescission: Jesinoski v. Countrywide
This article examines the Supreme Court's ruling in Jesinoski v. Countrywide Home Loans, Inc.
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