By Tricia Dunlap Esq. ~4 minute read Part 3 – LLC Education Series: The Perilous Position of LLC Minority Members Limited liability companies are highly popular, very flexible business entities. They are cheaply and easily formed which unfortunately creates the illusion that lawyers aren’t necessary. Au contraire. The truth is that LLC’s can be a nasty trap for…
By Tricia Dunlap Esq. ~2 minute read See more videos and blog posts Part 5 – LLC Education Series Fiduciary Duties: The Responsibilities You Never Knew You Had Good faith and fair dealing. Loyalty. Care. Sometimes these seem like quaint concepts. A throwback to a kinder era. In reality, they are implied responsibilities and “fiduciary duties” that can…
By Tricia Dunlap Esq. ~2 minute read Part 4 – LLC Education Series Hotel California: You Can Checkout but You Can Never Leave Relatively early in my legal career, a new client arrived with a terrible dilemma. About a decade earlier, he and his buddy decided to invest in real estate. His buddy contributed more money, so my client…
Virginia Values Act: What Not To Do for Virginia Employers On July 1, 2020, the Virginia Values Act became effective across the Commonwealth and employee-employer relations in the Old Dominion will likely never be the same. We have produced two videos that summarize the provisions, here and here. This blog is more granular. If you’re an employer in Virginia, this is your new list…
By Tricia Dunlap Esq. ~9-10 Minute Read 6 New Laws In The Virginia Values Act The Virginia Values Act went into effect on July 1st, 2020. This was a significant law in Virginia that our General Assembly passed in the last session and it has some really important provisions for business owners to…
By Tricia Dunlap Esq. ~4-5 minute read 2 Things You Need To Know About The New Coronavirus Rules in Virginia The Virginia Department of Labor and Industry passed new coronavirus rules in Virginia. It’s actually 38 pages worth of rules. It is the first time in the nation that we have binding rules on employers…
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