Lawrence Ponoroff The oxymoronically titled Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (“BAPCPA” or “2005 amendments”) has received considerable attention since its passage, and considerably less than all of it is positive. By even a neutral account, the bill is clumsily drafted, unnecessarily prolix, internally inconsistent, and annealed in a cauldron of special …
Category Archive: Blog Posts
Jennifer O’Hare Following the financial crisis, the synthetic collateralized debt obligation (“CDO”)—a complex derivative that received little mainstream attention prior to the housing meltdown—became big news. Journalists wrote numerous articles explaining how synthetic CDOs spread the contagion of toxic assets throughout the financial system, nearly bringing down the global economy. Government hearings exposed the ugly …
Charles R. Korsmo The events of May 6, 2010 took high-frequency trading from the edges of public consciousness to being front page news. American stock markets had opened that morning to unsettling rumblings from Europe. The previous day had seen violent protests in Greece against proposed austerity measures designed to avert a default on Greek …
Sharon K. Lieblich That the Court of Appeals of Virginia has reached its maturity is evident from the court’s recent decisions, which rarely break significant new ground. The last two years have seen the court mainly applying established principles in new contexts, and the most interesting cases tend to be the ones whose unusual facts …
Richard G. Moore The voluntary nonsuit is a potent weapon in the arsenal of a Virginia litigant, primarily the plaintiff, and it has been recognized by common law and statute for hundreds of years. Nevertheless, the Virginia nonsuit statute has long been controversial and the subject of sharp debate. While it has been modified through …
Laurence V. Parker Over the past two years, there have been a number of legislative changes to Virginia’s business entity statutes. Part II high-lights the changes to the Virginia Stock Corporation Act (“VSCA”) and the Virginia Nonstock Corporation Act (“VNSCA”). Part III highlights changes to the Limited Liability Company Act (“LLCA”) and other business entity …
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Courtney M. Malveaux, Download OSHA Enforcement of the “As Effective As” Standard for State Plans: Serving Process or People?
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Clayton LaForge, The Silver Lining in the Red Giant: China’s Residential Mortgage Laws Promote Temperance Among the Surging Middle Class
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Dowloand Orderly Liquidation Authority: A New Insolvency Regime to Address Systemic Risk