May 4 - 8, 2015 is National Small Business Week. According to the U.S. Small Business Administration, Small Business Week has been recognized every year since 1963. This week “recognizes the critical contributions
For the second year in a row, John McCormick was selected by Super Lawyers as a Rising Star in the Business/Corporate practice area. John has been practicing law in Virginia for the past
Determining whether a trust account is right for you depends on your situation and what you plan to do with the money that will be put into the trust. Trusts can provide excellent
Understanding the correct usage of a legal term is important, especially when these terms are applied to the custody outcome for your child or children. Physical, legal and joint custody all refer to
Sooner or later, every church deals with the purchase or sale of real estate. As you might expect, this process is a little different than buying or selling a home. Much of this
Churches in the Commonwealth of Virginia are covered by the doctrine of Charitable Immunity, which keeps individuals that benefit from a charity from bringing legal action against the charity because of negligence on
If you set up a Revocable Living Trust (What is a Living Trust?) for estate planning purposes, you probably did so with the belief that it would make administration of your estate easy,
If you are Men’s Wearhouse, Inc, the answer is a big fat NO! Earlier this week, rival company Jos. A. Bank Clothiers, Inc. offered Men’s Wearhouse $2.3 billion to buy them out. Men’s
One of the most important considerations in a Buy-Sell Agreement is the valuation method to determine the price at which a business owner may, or is required, to purchase the departing owner’s interest.
In my previous blog post entitled Protect Your Virginia Business with a Buy-Sell Agreement, I wrote in depth about the three essential terms of a buy-sell agreement. I coined the second element as
