News, Insights & Events

Reporting Pro Bono Service by Virginia Lawyers

April 29, 2019
Jeffrey H. Geiger, Sands Anderson PC
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Helpful Safeguards Information for Investment Advisers and Broker-Dealers – Straight From the Examiners!

April 29, 2019
Bobby N. Turnage, Jr., Sands Anderson PC

Sands Anderson's Cybersecurity & Technology Team Leader Bobby Turnage writes on a recent Risk Alert from the SEC's Office of Compliance Inspections and Examinations

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The U.S. Department of Labor Issues New Proposed Regulations on Joint Employer Status

Labor and Employment
Paul J. Buehler, III, Bond, Schoeneck & King
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Supreme Court Closes the Door, Mostly, to Class Action Arbitrations

April 24, 2019
Cullen D. Seltzer, Sands Anderson PC

Labor & Employment Law

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Avoiding Commercial Lease Disputes

April 23, 2019
Clearly Reflecting the Intent of the Parties is Key!
Eric Remington, Ward and Smith, P.A.

Entering into a clearly drafted lease agreement at the outset of the relationship helps to set expectations, which minimizes the possibility of disputes over how the lease should be interpreted

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Don’t be Late – Filing Proofs of Claims in a Bankruptcy Case

April 21, 2019

Paul Hammer - KRCL - When a creditor is notified that a debtor has filed for bankruptcy, the creditor should be careful to determine whether it needs to file a Proof of Claim in the case to preserve its rights to receive payments from the bankrupt estate. This article goes over the importance of a creditor acting in a timely and proper fashion and preserving its rights in the bankruptcy process.

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What Tax-Exempt Entities with No Million-Dollar-Plus Employees Should Know About Section 4960 Excise Taxes

April 17, 2019
Sharon Freilich, Pullman & Comley

The Tax Cuts and Jobs Act of 2017 added several new provisions to the Internal Revenue Code (the “Code”) which impose new excise taxes on tax-exempt entities. One of these new provisions is Code Section 4960, Tax on Excess Tax-Exempt Executive Compensation.

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Your Opinion Matters: Submit Comments to a Newly Proposed Federal Overtime Rule

April 14, 2019

Emily Green - KRCL - Under the Fair Labor Standards Act (FLSA), employees must receive at least time and one-half their regular pay rate for all hours worked over 40 in a workweek unless an exemption applies. For an exemption to apply, an employee’s specific job duties and salary must meet certain minimum requirements under the FLSA.

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Proceed with Caution! Understanding Ipso Facto Clauses In Bankruptcy

April 11, 2019

Paul Hammer - KRCL - The phrase ipso facto is Latin for “by the fact itself.” Ipso facto clauses are sometimes included in lease and purchase contracts, and they assert that if the lessee or purchaser becomes insolvent, or files for bankruptcy protection, then the contract has been breached. In other words, under such a clause the very act of filing for bankruptcy protection constitutes a breach of contract that absolves the other party of any further contract obligations.

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New York Amends Law Regarding Employee Paid Time Off to Vote

Labor and Employment Law
Theresa E. Rusnak, Bond, Schoeneck & King
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What! My Flood Policy Doesn’t Cover Flood Damage?!

April 4, 2019
This, and Other Pitfalls of NFIP Flood Insurance Policies
Michael J. Parrish, Ward and Smith, P.A.

Congress created the National Flood Insurance Program (the "NFIP") to help make flood insurance more affordable in higher-risk areas.

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Brexit - Check up your REACH Compliance!

April 4, 2019
Dr. Markus Wintterle
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