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    Our team of Virginia business lawyers discuss legal issues in corporate finance and growth, business operations, business ownership, mergers and acquisitions, venture capital and business leadership.

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New Era of Capital Raising: Sorting Through the JOBS Act’s New Capital Raising Rules

By: David Carroll.

Since the enactment of the Jumpstart Our Business Startups Act (the “JOBS Act”) in 2012, the Securities and Exchange Commission (“SEC“) has slowly been making its way through the titles to the JOBS Act to promulgate the final regulations for implementation of the act. This is a short synopsis of the various new rules and […]

 

Redskins Trademarks – Answers to Key Questions Regarding Recent Ruling

By: Chris Mackenzie.

Last week, the U.S. District Court sitting in Alexandria, Virginia granted what would appear to be a sweeping victory to a group of five Native Americans who have renewed attempts to cancel the federal registrations of certain trademarks owned by Pro-Football, Inc. (“PFI”), the corporate parent of the Washington Redskins. In what has been a […]

 

Virginia Commercial Real Estate Bills – Effective July 1, 2015

By: Ann Neil Cosby.

Sands Anderson’s Commercial Real Estate Team followed the 2015 Virginia legislative session for bills related to the real estate industry. Below is our selection of the top five we felt you would find most relevant to your business. For our full list, click here. If you would like to discuss any of these and how […]

 

A+ for Raising New Capital

By: Brian Pitney.

Access to capital for private companies just became easier and most likely cheaper.  The U.S. Securities and Exchange Commission’s amendments to Reg A under the Securities Act of 1933 went into effect on June 19, 2015.  Known as Reg A+, the amendments allow fundraising without having to become a fully registered public company, subject to […]

 

Rogue CFO IV – The Company Response

By: David Carroll.

In this series we have considered the problem of a rogue CFO, or other executive officer, who defrauds or steals from the company. The focus has been on measures that are designed to prevent the high-level fraud from occurring in the first place. But what actions should the company take when it suspects that an […]

 

Virginia Business Law: Donald Sterling and the Law on Audio Recordings

By: Stefan Calos.

This isn’t really about Donald Sterling, the now-infamous owner of the Los Angeles Clippers. It’s about what made him a household name.  Audio recordings have been causing businessmen and politicians problems for years. What are the rules?  Some states require that everyone involved in a conversation know it is being recorded. In Virginia, however, only one […]

 

New Rules For Casual Residential Real Estate Investors

By: Brian Pitney.

During the Great Recession, many savvy investors and entrepreneurs took advantage of plummeting home prices and low interest rates by buying up and leasing residential real estate.  Owners did not need to worry about complying with the Virginia Residential Landlord and Tenant Act (VRLTA) if they rented ten or fewer single family residences.  The law […]

 

Rogue CFO III – Background Checks

By: David Carroll.

Blog Series: Rogue CFO – I – Introduction Rogue CFO – II –Internal Accounting Controls and Supervision Perform Background Checks. It seems obvious. Why would a company not want as much information about a candidate for its CFO position that it can legally obtain? But this oversight is common. Too many smaller companies hire CFOs […]

 

What to Consider Before Buying a Business

By: Donna Ray Berkelhammer.

Buying an existing business can be exhilarating and frightening all at once.  It is important to find out as much about the business, its operations and finances as possible before purchase.  Typical asset purchase agreements give a set period of time for investigation (often called due diligence).

 

Business Succession Planning is More Than Just Money

By: Donna Ray Berkelhammer.

In reading about Ron Francis’ promotion to general manager of the Carolina Hurricanes, one paragraph  stood out to me: Francis, 51, said he had no reservations about taking over a position he has been groomed for in recent years as assistant general manager, director of player personnel and vice president of hockey operations. He also […]