Lawful Thoughts®

Focused on Legal Issues Affecting Businesses
of All Shapes and Sizes

New Virginia Laws Of Which Creditors Should Be Aware

Posted on by Neil E. McCullagh in Creditors' Rights, Bankruptcy and Insolvency

Earlier this year, we highlighted Virginia’s recent changes to the required notice for a foreclosure on owner-occupied residential real estate. That article can be found here. In this article, we high...

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Virginia Overtime and Disability Discrimination Rules Take Effect July 1, 2021

Posted on in Employment Law

Effective for hours worked on or after July 1, 2021, Virginia employers will be required by state law to pay overtime to many employees. Overtime has previously been required in Virginia only by the f...

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Upcoming Changes to the Lanham Act: The Trademark Modernization Act of 2020

Posted on by Clay S. Hester in Intellectual Property and Information Technology

As part of Congress’ sweeping COVID-19 relief bill, it passed the Trademark Modernization Act of 2020, which makes some significant changes to the Lanham Act, particularly to certain trademark examina...

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Virginia Minimum Wage Increase Takes Effect on May 1, 2021

Posted on in Employment Law

Virginia employers should be aware that the state-mandated minimum wage will increase to $9.50/hour effective for hours worked on and after May 1, 2021.

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Recent Developments Affecting Lenders

Posted on by Neil E. McCullagh in Creditors' Rights, Bankruptcy and Insolvency

This month we (a) detail upcoming changes to the required notice for a foreclosure on owner-occupied residential real estate, (b) discuss the U.S. Supreme Court’s recent decision that a creditor did n...

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Provisions Employers Should Consider Including in Employment Contracts and Severance Agreements

Posted on in Employment Law

Businesses of all types regularly have the need to document arrangements for the employment of important personnel and for the discharge of any employee. If daily contracts in an employer’s line of bu...

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The Small Business Reorganization Act and Subchapter V Bankruptcy

Posted on by Neil E. McCullagh, Christopher A. Hurley in Creditors' Rights, Bankruptcy and Insolvency

The Small Business Reorganization Act of 2019 (the “SBRA”) became effective on February 19, 2020, and is aimed at giving small business debtors a simpler and less costly avenue to successful reorganiz...

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