Archive for the ‘business’ Category

Financial Preventive Care – 6 Steps to Maximize Asset Protection

Like people who are in good health and believe they do not need to see a doctor or engage in preventive medicine, many who are healthy financially, often are not too concerned about protecting their assets from the claims of creditors. However, potential exposure from unanticipated liabilities lurks around many corners. In a litigious society, […]

 

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

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

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

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

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

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

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

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 […]

 

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

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

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 […]