Lawful Thoughts®
Focused on Legal Issues Affecting Businesses
of All Shapes and Sizes
Federal Appeals Court Shoots Down Loan Guarantor’s Claims of Fraud and Duress
This month we review a recent federal appeals court decision with important lessons for lenders engaged in commercial loan workouts. A business owner tried to void his personal guaranty of two large b...
Continue ReadingVirginia Marijuana Laws Go Up in Smoke
Virginia employers still adjusting to numerous new laws that have taken effect in 2020 and 2021 also need to be aware of permissive changes in Virginia marijuana laws, which affect employment practice...
Continue ReadingNew Virginia Laws Of Which Creditors Should Be Aware
Earlier this year, we highlighted Virginia’s recent changes to the required notice for a foreclosure on owner-occupied residential real estate. That article can be found here. In this article, we high...
Continue ReadingVirginia Overtime and Disability Discrimination Rules Take Effect July 1, 2021
Effective for hours worked on or after July 1, 2021, Virginia employers will be required by state law to pay overtime to many employees. Overtime has previously been required in Virginia only by the f...
Continue ReadingUpcoming Changes to the Lanham Act: The Trademark Modernization Act of 2020
As part of Congress’ sweeping COVID-19 relief bill, it passed the Trademark Modernization Act of 2020, which makes some significant changes to the Lanham Act, particularly to certain trademark examina...
Continue ReadingVirginia Minimum Wage Increase Takes Effect on May 1, 2021
Virginia employers should be aware that the state-mandated minimum wage will increase to $9.50/hour effective for hours worked on and after May 1, 2021.
Continue ReadingRecent Developments Affecting Lenders
This month we (a) detail upcoming changes to the required notice for a foreclosure on owner-occupied residential real estate, (b) discuss the U.S. Supreme Court’s recent decision that a creditor did n...
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