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Tag Archives: Contract

Lender’s First-Refusal & Fraud Claims Advance (access required)

A Fairfax Circuit Court says a plaintiff who made a loan to defendant corporation, in exchange for a promissory note and right of first refusal to purchase the company’s assets, can sue for fraudulent conveyance and intentional interference with his ...

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Broker sues to collect fee in sale of business – $1,175,000 Arbitration Award (access required)

Pittsburgh-based The Advisor Group Inc. (“TAG”) sought an unpaid fee from former owners of ColonialWebb Contractors for assisting with sale of the company. TAG had an October 2008 written agreement with ColonialWebb whereby TAG was to: research buyers, secure confidentiality ...

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IT Contractor Wins Non-Compete Damages from Sub (access required)

A government IT contractor who hired defendant subcontractor to provide SAP/ERP consulting services wins $172,395.95 from the sub, who violated a non-compete that prevented him from working for either of two companies for 12 months after he left, in this ...

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Award for U.S. 58 bridge reduced to $12 million

The contractor for the Clarksville bypass on U.S. 58 is due $12 million, $9.2 million less than he originally was awarded, Norfolk Circuit Judge Charles E. Poston has ruled. The Virginia Court of Appeals and the Supreme Court of Virginia ...

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