Business Attorney – Page 2

What is Fiduciary Litigation? | Ryan C. Young | Richmond, Virginia Attorney

September 22, 2016October 10, 2019 Ryan C. Young, Esq.

What is a Fiduciary? A fiduciary is a person who has been entrusted with great confidence to manage and maintain the financial affairs of another party or parties. A fiduciary could be appointed through a Power of Attorney or a Will as a personal representative. However, attorneys, financial institutions, corporate officers, and other such entities who are trusted to protect... Read More

What are the reasons that an LLC may be dissolved in Virginia? | Ryan C. Young | Richmond, Virginia Business Attorney

August 24, 2016October 10, 2019 Ryan C. Young, Esq.

In Virginia, an LLC may be dissolved for many reasons both voluntary and involuntary. Businesses come and go in a healthy economy, and Virginia’s Legislative Code (§§ 13.1-1048 – 13.1-1050) has provisions to make the dissolution of a business a relatively easy process in most cases. In the most amicable of situations, an LLC is concluded upon the completion of... Read More

Declaratory Judgments in Virginia | Ryan C. Young | Richmond, Virginia Litigation Attorney

June 27, 2016October 10, 2019 Ryan C. Young, Esq.

What is a declaratory judgment? A declaratory judgment is a binding decision by a court defining the relationship between two litigants. What is the purpose of a declaratory judgment? In Virginia, declaratory judgments are meant to afford relief from uncertainty and insecurity between two parties. See Virginia Code § 8.01-191. Circuit Courts have the authority to issue declaratory judgments in... Read More

Virginia Business Dissolution: What happens when business co-owners can’t agree? | Ryan C. Young | Richmond, Virginia Attorney

December 23, 2015October 10, 2019 Ryan C. Young, Esq.

Virginia Business Litigation Attorney: When business partners can’t agree, what happens with the business? Note: In this article, I use the term “partner” and “partnership agreement” loosely. The rules governing each are slightly different. For example, dissolution of a general partnership will be slightly different than for a stock corporation. Business partnerships can go wrong for many reasons. When you are in... Read More

Virginia Employee Law: Employee Duty of Loyalty to Employer | Ryan C. Young | Richmond, Virginia Business Attorney

September 30, 2015October 10, 2019 Ryan C. Young, Esq.

Matthew 6:24: “No one can serve two masters.”* *I did not include the Bible verse above in an attempt to win converts. This verse (or at least the concept) has often been used by Virginia courts in the past when explaining the common law duty of loyalty that an employee owes to their employer. When a job applicant is searching for employment,... Read More

Non-Disparagement Clause in a Contract | Ryan C. Young | Civil Litigation and Contract Attorney in Richmond, Virginia

September 7, 2015October 10, 2019 Ryan C. Young, Esq.

If you’re a party to any kind of contract in the state of Virginia, you’ll want to learn about non-disparagement clauses. These can appear in all kinds of contracts, and you may see one if you’re an employee or if you and another person are partners for any reason. Additionally, you may see this kind of clause if you receive... Read More

Virginia Contract Law: Damages in Breach of Contract Litigation | Ryan C. Young | Richmond, Virginia Attorney

August 24, 2015October 10, 2019 Ryan C. Young, Esq.

When two parties sign a contract in the state of Virginia, that document represents an exchange that is expected to be made. If you’re a homeowner and you sign a contract with a contractor to build a new deck on the back of your house, for example, the exchange is very simple: you will pay the contractor a specified amount... Read More

Brief Overview: Virginia Uniform Trade Secrets Act | Ryan C. Young | Richmond, Virginia Attorney

August 17, 2015October 10, 2019 Ryan C. Young, Esq.

With the Commonwealth of Virginia’s adoption of the Virginia Uniform Trade Secrets Act (also commonly referred to as the VUTSA), many people have begun to wonder exactly how it will affect the business environment that they operate in on a daily basis. At its core, the Act was designed to both protect innovation by companies that depend on such advancements... Read More

Defenses to Trade Secret Litigation in Virginia | Ryan C. Young | Richmond, Virginia Attorney

August 14, 2015October 10, 2019 Ryan C. Young, Esq.

Trade secrets are vital to many business interests and thus important to the American system of commerce. Trade secrets are one of the unique products of a business that may set that company apart from its competitors. In the interest of fostering competition, the government and the law has an interest in helping institutions protect their trade secrets. In the... Read More

Legal considerations when buying an existing business. | Ryan C. Young | Small Business Attorney | Richmond, Virginia

December 9, 2013October 10, 2019 Ryan C. Young, Esq.

Buying an existing business can be enormously rewarding. You won't face the challenges of establishing a company from scratch, along with the massive time commitments needed to create dynamic business plans, finding lenders or investors--or both--and all the minutia of launching a business from ground up. Read More

Category: Business Attorney