Lawful Thoughts®
Focused on Legal Issues Affecting Businesses
of All Shapes and Sizes
Spotts Fain Counsels CEP Solar, LLC on Joint Venture and New Investment from Perennial Power Holdings, Inc.
Spotts Fain is pleased to announce the successful closing of CEP Solar, LLC’s (CEP) joint venture and new investment from Perennial Power Holdings, Inc. (Perennial), a subsidiary of Sumitomo Corporati...
Continue ReadingCan a Lender Have a Nondischargeable Claim Against a Business-Entity Borrower That Files Subchapter V Bankruptcy?
Let's review: Can a claim against a borrower that is a business entity be declared nondischargeable in the borrower’s Subchapter V bankruptcy case?
Continue ReadingHome Mortgage Lender Defeats Proposed Loan Modification In Chapter 11
This article covers an important recent victory for home mortgage lenders.
Continue ReadingThree New Virginia Laws Relevant to Banks
In this article, we discuss three new Virginia laws the session produced that are especially relevant to banks.
Continue ReadingAm I Free From My Noncompete? Not So Fast!
Learn more about pending issues with the FTC's decision to ban noncompetes.
Continue ReadingAvoiding Bankruptcy Stay Violations: An Update
Introduction In 2021, the U.S. Supreme Court ruled that a creditor did not violate the automatic stay in bankruptcy when it refused to surrender vehicles after the owners filed Chapter 13 bankruptcy c...
Continue ReadingThe Deadline is Here: Is Your Business Required to Register with RetirePath?
February 15, 2024 is the deadline for eligible employers to register with RetirePath Virginia, a state-sponsored retirement savings program for private-sector employees. If your business has fewer tha...
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