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Corporate

Jan 20, 2025

Corporate: Successor liability claim fails

Where a company asserted a successor liability claim, but it failed to prove the defendant expressly or impliedly agreed to assume a certain liability, the circuit court’s decision rejecting the […]

Dec 3, 2024

Corporate: Individual plaintiffs have standing to sue over damage to real property

Where defendants argued the individuals lacked standing to sue over damage to real property, because the property was purchased by a corporate entity, but the registration status of the corporate […]

Jul 15, 2024

Corporate: VMI alums denied access to email addresses

Where four alumni of the Virginia Military Institute sued the alumni association for refusing to provide email addresses of fellow members, but there was no statutory right to this information, […]

Business meeting
Jul 8, 2024

LLC dissolved despite majority member’s objection

In a split decision, the Court of Appeals of Virginia upheld a lower court’s decision to dissolve a limited liability company despite the objections of the majority member.

Jun 24, 2024

Corporate: LLC dissolved despite majority member’s objection

Where the record supported the circuit court’s factual finding that a limited liability company was stuck in “gridlock, a lack of action and progress” because of the animosity, distrust and […]

Nov 9, 2020

Shares valued in stock buyout dispute

Where discord among the three sole shareholders of a restaurant business resulted in a suit to dissolve the corporation and an action to buy plaintiff’s shares in lieu of dissolution, […]

Aug 28, 2020

Demurrers to investors’ claims sustained

Where plaintiff investors in a failed maternity clothing company sued the company and its two founders, the individual defendants’ demurrers to plaintiffs’ claims are sustained. Plaintiffs are granted leave to […]

Aug 17, 2020

Shares valued in corporate stock buyout

Where defendant elected to purchase plaintiff’s shares in lieu of dissolution in this corporate dispute, the court declines to use a revenue determination from defendant’s expert because it is based […]

Jun 6, 2019

Diversity on corporate boards: a tortuous path

By Stephen M. Honig BridgeTower Media Newswires “Strength lies in differences, not in similarities.” — Stephen R. Covey “Diversity” in business means variance in gender, race, ethnicity, age, disability and […]

Feb 15, 2019

Tax assessment did not violate commerce clause

Where a  Virginia-based corporation engages in multistate and multinational sales of an online business service that was developed in Virginia and stored on servers housed in Virginia, the method used […]

Feb 5, 2019

Nonlawyer member cannot represent dissolved LLC

A member of a dissolved limited liability corporation who is not a lawyer cannot litigate on behalf of the dissolved LLC. A complaint against defendant signed by the member is […]

Jan 19, 2019

Bylaw change cannot redefine minority shareholder protection

Corporate directors cannot avoid obtaining minority shareholder approval to sell a company by amending its bylaws to redefine a statutory safe harbor provision. The statutory provision is designed to protect […]

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