The BLBlog

The Business Law Blog of Virginia

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Entries Tagged as 'Uncategorized'

Grocer loses $16 million verdict

September 12th, 2008 · No Comments · Bankruptcy, Uncategorized

The Supreme Court of Virginia today took away a substantial jury verdict in favor of a Richmond grocer who claimed his local business was undermined by a regional grocery supply company.  The court held that Johnny Johnson’s evidence was insufficient to sustain verdicts on constructive fraud and intentional infliction of emotional distress.
The court’s opinion is […]

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Koger clients face losses

July 15th, 2008 · No Comments · Uncategorized

The latest chapter in the troubled saga of the Koger Management Group is not good news for its community association clients. As reported by the Fredericksburg Free Lance-Star, the company’s former head is seeking to change his bankruptcy status from chapter 11 to chapter 7. Waiting for any scraps from the sale of assets are […]

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Sign of the times…

July 2nd, 2008 · No Comments · Uncategorized

The 4th of July weekend is coming. But not as many people will be traveling this year, according to all the surveys. The reason: The high price of gas.
 This sign explains it all…
 

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Blockbuster pulls plug on Circuit City buyout

July 2nd, 2008 · No Comments · Uncategorized

The deal is off, says Blockbuster Inc. This past Tuesday, the movie rental chain announced that it would be withdrawing its $1.3 billion offer to buy Richmond-based Circuit City Stores Inc., the Richmond Times-Dispatch reports.
With retailers lowering the purchase price of DVDs and movie-rental alternatives such as NetFlix and OnDemand gaining popularity, Blockbuster sought to take its business in […]

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New laws to take effect

July 1st, 2008 · No Comments · Uncategorized

Virginia business owners and individuals alike should pay heed - the majority of the 884 bills signed into law by Gov. Timothy M. Kaine during the last General Assembly session went into effect today.
Among the new laws:

Landlords are not liable for civil damages stemming from mold exposure if the mold condition is caused solely by tenant negligence.
Weekly unemployment […]

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Businessman raided by FBI fires back

May 30th, 2008 · No Comments · Uncategorized

A big FBI raid in the Luray area of Page County has so far produced one wounded FBI agent and one ticked-off business owner. As reported by TV station WHSV, the businessman claims that the FBI is looking for evidence against a “top ranking County official.”
The wounded FBI agent apparently shot himself by accident […]

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Livestock fence law can vary by locality

May 30th, 2008 · No Comments · Uncategorized

A fact that I should have known, but did not — localities in Virginia can decide to hold farmers strictly liable if their livestock gets out of the farm fence and causes an accident. The issue came to light because Wythe County leaders are debating whether to stay with their strict liability law […]

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