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insightOn July 29, 2019, Governor Cooper signed SB290 into law. The bill makes major changes to North Carolina alcohol laws, including allowing distilleries to sell unlimited bottles directly from the distillery and to sell mixed drinks at the distillery.
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insightIn June 2019, intellectual property attorneys Amy Pruett and Jackie Knapp wrote an alert on offensive trademarks titled "First Amendment Is a Friend U Can Trust to Register Offensive Trademarks." Recently, NCBarBlog, the blog community of the North Carolina Bar Association, republished the alert on its Intellectual Property Section blog.
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insightWilliams Mullen is pleased to announce that Jim Guy and Garland Carr have joined the firm’s Energy Practice, and Cathy Zhang has joined the firm’s Corporate Section. Mr. Guy and Ms. Carr join as partners, and Ms. Zhang joins as an associate. All three previously worked at LeClairRyan. Ms. Zhang worked with David Lay, Andrew White and Gary LeClair, who are also joining the firm as announced last week.
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insightOn July 31, 2019, Falfurrias Capital Partners, a private equity firm based in Charlotte, North Carolina, closed on their acquisition of The C.F. Sauer Company, a Richmond-based spice, extract and mayonnaise manufacturer that had been family owned for 132 years. A multidisciplinary Williams Mullen team led by Charles Cabell and Larry Parker, along with attorneys from the firm’s corporate, mergers and acquisitions, real estate, intellectual property, employee benefits, environmental and tax practices, represented The C.F. Sauer Company during the transaction.
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insightA federal district court judge in Washington D.C. dismissed an ERISA fiduciary breach suit brought by a former employee of George Washington University (“GW”), finding the former employee lacked standing to sue. The plaintiff, Melissa Stanley, participated in two GW administered retirement plans, and brought multiple claims for breach of fiduciary duty against the school. GW moved to dismiss, arguing that Stanley lacked standing because she released her claims under the terms of a prior voluntary settlement agreement. Stanley countered that her claims were excepted from the general release, under exclusionary language preserving claims for vested benefits under her retirement plans. Judge John Bates found that the general release included her breach of fiduciary duty claims, and, as a result, that the Court lacked jurisdiction over the released claims.
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peopleRandal Greene focuses his practice on transactional matters, advising clients on a broad range of corporate, finance, and complex real estate transactions..
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insightOn July 19, 2019, Mosaic Capital Partners, LLC, a private equity firm based in Charlotte, N.C., announced the ESOP acquisition of Boston Barricade Holdings, Inc. Boston Barricade is a national provider of barricade systems, graphic displays and related services for the retail and print industry. Williams Mullen corporate attorneys Greg Bishop and Forbes Thompson and employee benefits attorney Nona Massengill represented Boston Barricade – now an ESOP-owned company – during the sale.
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insightWilliams Mullen is pleased to announce that David Lay, Andrew White and Gary LeClair will join the firm’s Corporate Section as partners, effective Aug. 5. All three formerly worked at LeClairRyan as partners on their corporate team. They bring extensive corporate transactional experience to Williams Mullen, particularly with middle-market, emerging growth, private equity and venture capital transactions.
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insightJuly 24, 2019 marked the deadline for receipt of petitions for adjustments to need determinations and other written comments regarding the Proposed 2020 State Medical Facilities Plan.
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insightWilliams Mullen is pleased to announce that the firm’s Estate Planning: Private Client & Fiduciary Services Practice received a “Band 2” rating in the 2019 Chambers High Net Worth Guide for Private Wealth Law. Farhad Aghdami was rated a “Band 1” attorney, the highest rating available, and Dan Durst was named an “Up and Coming” lawyer.