Archive for the ‘business’ Category

2017 Legislative Update: New Laws Impacting Commercial Real Estate Clients

On July 1, 2017, new laws passed during the 2017 General Assembly session will go into effect in Virginia that may impact you as someone interested in commercial real estate. They run the gamut of issues touching on the real estate industry, including new eminent domain procedures and tax updates, as well as notable changes […]

 

“First Sale” Exhausts Patent Rights

In a case of keen importance to sellers of refurbished products such as auto parts and medical devices, last month, in Impression Products, Inc. v. Lexmark International, Inc., ___ U.S. ___ (2017), the Supreme Court of the United States held that the patent rights of Lexmark, a popular maker of printer ink cartridges, were exhausted […]

 

Supreme Court Ruling Bodes Well for Future of Redskins Trademarks

On Monday, the Supreme Court of the United States ruled in the case of Matal v. Tam that the law prohibiting the registration of disparaging trademarks violates the First Amendment and is therefore unconstitutional. The Supreme Court’s opinion will likely have a significant impact in the ongoing legal battle between the Washington Redskins and those […]

 

New 2016 Laws Impacting Commercial Real Estate in Virginia

Another session of Virginia’s General Assembly has now come and gone, adding one more chapter to the nearly four hundred year history of the country’s oldest law-making body.  Over three thousand bills were proposed in the 2016 Session, and from this bevy of legislation there were 1,803 bills passed.[1]  Most of these new laws went […]

 

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 […]