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Daily Clip 5/3/17
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TROUTMAN SANDERS

STRATEGIES

Below are newspaper articles from around the Commonwealth that you may find of interest.These materials are to inform you of developments that may affect your business and are not to be considered legal advice. If you have any questions please contact Mike Woods .

 

Will Virginia forge its own path on carbon regulation?

At the end of this month, a working group convened last year by Gov. Terry McAuliffe and tasked with recommending “concrete steps” to reduce carbon pollution from Virginia’s power plants will deliver its report to the governor’s desk…

More than a week later, Virginia State Police still working to clean malware from computers

The Virginia State Police is cleaning hundreds of computers at its state headquarters to rid them of malware that infected one computer 11 days ago and prompted the law enforcement agency to shut down its email system last week…

Chinese Paper Firm will "adjust its business plans" at proposed giant Chesterfield plant

Tranlin Inc., the U.S. division of a China-based company that announced plans in 2014 to open a massive $2 billion paper products plant in Chesterfield County, is pushing back its construction plans for the project. The company said…

Owens & Minor to acquire New York-based medical products distributor for $380 million

The acquisition will extend the company’s sales of medical supplies beyond hospital settings and into home health care. Byram Healthcare is based in White Plains, N.Y., and sells medical supplies directly to patients and home health agencies…

Chesterfield, Henrico getting funding to boost mental health services

The community services boards in Chesterfield and Henrico counties are among the first public mental health providers in the state getting a boost in funding to improve their services…

Charlottesville temporarily blocked from selling Lee Statue

The city of Charlottesville will not be permitted to sell its statue of Robert E. Lee within the next six months. Following the City Council’s vote in February to remove the statue, which a group of local residents and Confederate ancestors have responded to with a lawsuit…

Private companies set to build Purple Line aren’t backing out

The team of private companies hired to build, operate and maintain the Purple Line isn’t looking to back out of its $5.6-billion contract with the Maryland Transit Administration, despite the project being stalled due to a pending lawsuit, the team’s leader said Tuesday…

NC gave out a record $245M in energy tax breaks. Here's who benefited

NC residents and businesses claimed a record quarter-billion dollars in tax credits for renewable energy projects last year. That record is likely to stand because the NC legislature allowed the tax credit to expire…

Duke Energy filing rate-hike request June 1

A major Duke Energy division plans to formally begin its quest in early June for a rate hike covering some of its coal ash cleanup expenses, as well as overall modernization efforts…

Merger Savings defense gains toehold from Anthem ruling

The D.C. Circuit ruled recently that more than $2 billion in claimed savings could not salvage the $54 billion Anthem-Cigna deal from an antitrust challenge by the government, but the court left an opening for…

House panel to vote on GOP Dodd-Frank rewrite

The House Financial Services Committee is expected to vote Wednesday on a Republican bill to uproot the Dodd-Frank Wall Street Reform and Consumer Protection Act…

Tobacco Co. asks Justices to review Backdated Tax law

Tobacco giant R.J. Reynolds Tobacco Co. has joined a growing number of companies urging the U.S. Supreme Court to review a Michigan appeals court ruling in favor of the state’s decision to retroactively withdraw from a multistate agreement on corporate franchise taxes…

Genworth Investors fight for top spot in $2.7B merger action

The battle continued Monday over which investors will be named lead plaintiffs in a suit in Virginia federal court challenging the $2.7 billion cash sale of insurer Genworth Financial Inc., with…

Three ways to survive a Retail meltdown

Cities and suburbs are getting clobbered by the collapse of the retail sector. But there are ways to use the crisis as a way to speed long-overdue land use reforms...

Wall Street fears end of boom as automakers' April U.S. sales drop

The drop in sales versus April 2016 came on the heels of a disappointing March, which automakers had shrugged off as just a bad month. But two straight weak months has heightened…

NLRB rules sped up union elections by 38 percent

The study from the management law firm Fisher Phillips examines just how quickly union elections are taking place under the NLRB’s new rules, which were issued in April 2015…

At local level, marijuana getting mixed reception in Arkansas

Local governments across Arkansas are the key to implementing the voter-approved Arkansas Medical Marijuana Amendment, but some county and city officials say they have questions about how to do so legally and responsibly…

Kentucky to get nearly $3B in new business investments since passing economic reforms

Companies have announced billions in new business investment in Kentucky a few months after the state passed key economic reforms. Illinois lawmakers should take note…

Reeves airs first TV ad

The ad opens with a bird’s-eye view of a suburban neighborhood. It then zooms to a house, where a woman unloads groceries as two children kick a soccer ball in the driveway. Suddenly…

Northam prepares to face Perriello in Virginia Gubernatorial Primary

Virginia Lt. Gov. Ralph S. Northam, Democrat, met Tuesday with pro-choice activists in Northern Virginia and started airing television ads boasting of opposition to gun-rights groups, seeking to strengthen his position among the state’s liberal voters ahead of the gubernatorial primary in June…

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