Spokeo, Inc. v. Robins: the Constitution Requires Proof of Concrete Injury

By: Cullen Seltzer.

The Supreme Court of the United States, in a 6-2 ruling, has fleshed out the Constitutional requirement for proving injury in a Fair Credit Reporting Act case. In Spokeo, Inc. v. Robins, the Court held, in a boost to defendants in FCRA cases, that injuries must be both “particularized” to a plaintiff and “concrete.” Although […]

 

Sands Anderson Report on First Day Hearing in Bankruptcy Filings of Penn Virginia

By: Eric C. Howlett.

Lawyers from the bankruptcy team of Sands Anderson attended yesterday’s “First Day” hearings in the chapter 11 bankruptcy case of Penn Virginia Corporation and its affiliates. Penn Virginia is an oil and natural gas exploration company that is headquartered in Radnor, Pennsylvania and primarily operates in Texas and Oklahoma. The hearings were held before the […]

 

Penn Virginia files bankruptcy in Eastern District Virginia, Richmond Division

By: William A. Gray.

Citing a profound transformation of the oil and gas industry, Penn Virginia Corporation and its affiliates filed for chapter 11 bankruptcy relief early this morning in the United States Bankruptcy Court for the Eastern District of Virginia. A Restructuring Support Agreement entered into with certain lenders suggests that the bankruptcy petition has the support of […]

 

Highlights from the 2015 VCU Real Estate Trends Conference in Richmond, Virginia

By: Chris Mackenzie.

Members of Sands Anderson’s Commercial Real Estate Law practice group were once again pleased to sponsor and attend the annual VCU Real Estate Trends Conference in Richmond, Virginia.  The conference brings together individuals from throughout the world of commercial real estate to discuss the burgeoning issues of today’s marketplace.  This year, conference attendees enjoyed a […]

 

Valuing professional practices in Virginia divorces

By: Robert W. Partin.

Originally printed in Virginia Medical Law Report’s September 2015 issue. Reprinted with permission. You and your partners have a successful medical or legal practice. You manage the practice well and have relied on legal counsel to prepare you for potential changes and issues that may arise in the business. You set up your practice as a […]

 

Crowdfunding and Real Estate Development

By: David Carroll.

The real estate development market continues to open up to crowdfunding, and the changes to capital raising for real estate projects could be significant if only a small portion of the potential of these new methods take hold.  It appears that the changes are well underway. In previous blogs, our Business Transactions Team has described […]

 

New Era in Private Capital Raising – Opening Up General Solicitation and General Advertising

By: David Carroll.

The next few years may be the largest watershed event in opening up private equity capital since the 1980s when Regulation D was first published by the Securities and Exchange Commission (“SEC”). By allowing general solicitation and general advertising in private offerings the SEC has now opened a new and potentially revolutionary method for raising […]

 

Sands Anderson Report on Creditors Committee formation in Alpha Natural Resources Chapter 11

By: Roy M. Terry, Jr..

An Official Committee of Unsecured Creditors (“the Committee”) was appointed on Wednesday, August 12, 2015 in the Chapter 11 case of  Alpha Natural Resources, Inc. (“ANR“). ANR’s bankruptcy case was filed on August 3, 2015 in the United States Bankruptcy Court for the Eastern District of Virginia, Richmond Division. After interviewing those representatives of unsecured creditors who […]

 

Sands Anderson Report on First Day Hearing in Bankruptcy Filings of Alpha Natural Resources

By: Roy M. Terry, Jr..

Lawyers from the bankruptcy team of Sands Anderson attended “first day” hearings in the Chapter 11 bankruptcy case of Alpha Natural Resources, Inc. (“Alpha”) and its 149 related companies held on August 4, 2015 in the United States Bankruptcy Court, Eastern District of Virginia, Richmond Division. The bankruptcy case represents the latest significant filing in […]

 

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 […]