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insightBy statute in North Carolina, G.S. §45-21.36, certain obligors may defend a deficiency action where the bank is the successful bidder by arguing the collateral was fairly worth the debt.
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insightIn an article published in both the Roanoke Times and the Richmond Times-Dispatch, Williams Mullen CEO Woody Fowler discussed the closing of firm client Sweet Briar College. See the story here.
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insightClassifying a worker as an independent contractor rather than an employee significantly affects an employer’s obligations towards the worker and can result in liability for misclassification.
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insightThe VBA Journal published an article in the Spring 2015 issue about the Affordable Care Act, quoting Williams Mullen ERISA attorney Marc Purintun. Marc discusses the rules for determining who qualifies as a full-time employee and employers' responsibilities to those employees. See the full article here.
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insightSection 1042(a) of the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act (CFPA) empowers state Attorneys General (AGs) to bring civil actions to enforce federal consumer law against any person offering consumer financial products or services, defined as “covered persons” under 12 U.S.C. § 5481(6), as well as depository institutions whose assets fall below the Consumer Financial Protection Bureau’s (CFPB’s) $10 billion direct supervision threshold, previously referenced in two Williams Mullen alerts, State AGs and Regulators Step Up UDAAP Enforcement and CFPB, Virginia Attorney General Target Payday and Auto Title Lenders.
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insightWilliams Mullen is pleased to announce that former federal prosecutor Robert J “Bobby”. Higdon Jr. has joined the firm. He is a Partner in the firm’s White Collar and Investigations team, which includes Partner John S. Davis, former AUSA of the EDVA, and Partner Chuck James, former Deputy AG in Virginia.
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insightRecently, the Federal Trade Commission (FTC) announced that it had settled charges with Nomi Technologies, Inc. regarding its collection and use of information that could be used to track the movements of individuals through their mobile devices.
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insightWilliams Mullen Chairman of the Board Tom Frantz and Private Equity Group chair John Paris were featured in the Virginia Business article “Regional Reboot,” about new approaches that business and civic leaders are taking to revitalize the Hampton Roads economy. John is highlighted for his leadership in the angel investment group 757 Angels, which matches venture capitalists with local entrepreneurs seeking $100,000 to $1 million for their fledgling businesses.
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insightWilliams Mullen Labor and Employment attorney Edward Schenk was mentioned in North Carolina Lawyers Weekly’s feature “Lawyers on the Move” on April 20. The full piece is available to subscribers here.
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insightWilliams Mullen Biotech IP attorney Dr. David M. Saravitz participated in a biodefense panel hosted by Business North Carolina magazine and co-sponsored by Williams Mullen and The North Carolina Biotechnology Center. Business North Carolina published an article including an edited transcript of the Q&A, available here.