LLC Minority Member

Part 3 11 Tips Before Becoming an LLC Minority Member

Posted Leave a commentPosted in Contracts, International Business, Small Business

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 […]

Fiduciary Duties

Part 5 3 Fiduciary Duties That Make Your LLC Safer

Posted Leave a commentPosted in Contracts, International Business, Small Business

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 […]

LLC operating Agreements

Part 4 Hotel California: An LLC Operating Agreement Gone Wrong

Posted Leave a commentPosted in Contracts, International Business, Small Business

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

Virginia Values Act: What Not To Do for Virginia Employers

Posted Leave a commentPosted in Small Business

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 […]

4 Steps to Prepare for the CCPA

Prepare for the CCPA: A 4-Step Plan for Virginia Businesses

Posted Leave a commentPosted in Data Privacy and Cybersecurity, Small Business

By Tricia Dunlap (Esq. & CIPP/US) and Tess Lynch (J.D. 2019 & CIPP/US) Start with these four steps to prepare for the CCPA and ensure your Virginia Business is in compliance. If you’ve read our last blog, you know the California Consumer Privacy Act (CCPA) could impact your business, even if you’re not based in California. Enforcement begins July 1, 2020, […]