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Can a Borrower Effectively Waive the Automatic Stay Before Filing Bankruptcy?

Posted on by Neil E. McCullagh, A. Garrett Kelly in Corporate and Business, Creditors' Rights, Bankruptcy and Insolvency, Finance

Is a borrower’s agreement to waive the automatic stay in a pre-bankruptcy document enforceable; recent developments in the Corporate Transparency Act.

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Billy Mauck Honored by Virginia Lawyers Weekly for Inclusion in the Class of 2025 Hall of Fame

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Spotts Fain is pleased to announce that Virginia Lawyers Weekly has named Senior Counsel attorney Billy Mauck as Class of 2025 Hall of Fame member.

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Attorney Chris Hurley Promoted to Partner

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Spotts Fain is pleased to announce attorney Chris Hurley has been promoted to Partner.

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Important Legal Update: Treasury Department Halts Enforcement of BOI Reporting

Posted on by J. Thomas O'Brien, Jr., Edward B. Lumpkin, Sam Serra Cerchio

On March 2, 2025, the U.S. Department of the Treasury announced that it will suspend enforcement of the CTA for U.S. citizens and domestic reporting companies.

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Important Legal Update: Corporate Transparency Act- Reporting Requirements Back in Effect with Deadline of March 21, 2025

Posted on by J. Thomas O'Brien, Jr., Edward B. Lumpkin, Sam Serra Cerchio in Corporate and Business

The Corporate Transparency Act (“CTA”) and its beneficial ownership information (“BOI”) reporting requirements are back in effect.

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Eddie Bagnell Named a VLW Go-To Lawyer for Business Litigation

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Spotts Fain attorney Eddie Bagnell was named among the 2025 Go-To Lawyers for Business Litigation by Virginia Lawyers Weekly

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Important Legal Update: Corporate Transparency Act - Ongoing Litigation Reinstates Injunction

Posted on by Sam Serra Cerchio

A new panel of the U.S. Court of Appeals for the Fifth Circuit issued an order vacating the Fifth Circuit’s previous filing deadline extension.

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