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Daily Clip 5/11/17
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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 .

 

Dorothy McAuliffe, wife of Virginia Governor, says she will not run for Congress

Dorothy McAuliffe, wife of Virginia Gov. Terry McAuliffe, said Wednesday she will not seek the Democratic nomination to challenge Rep. Barbara Comstock (R) next year. The first lady of Virginia was considering a run…

Dominion shareholders approve name change but face pressure on environmental issues

Dominion’s shareholders approved a company name change Wednesday but rejected proposals related to lobbying disclosures, nominating a board member with environmental expertise, preparing…

Business leaders convene at UVa-Wise to discuss future of Southwest Virginia economy

Business professionals, civic leaders, government officials and citizens convened at the University of Virginia’s College at Wise on Wednesday for a day dedicated to the future of Southwest Virginia’s economy…

State leader pitches six-point plan to revive coalfields' economy

At the second annual Southwest Virginia Economic Forum, Stephen Moret, head of the Virginia Economic Development Partnership, shared the future he envisions for the largely rural, often-overlooked corner of the state…

Tranlin delay may alter project, timeline

Delays continue to untrack the biggest economic coup in Chesterfield’s history – a proposed $2 billion paper factory off Willis Road near the James River. Chinese-owned Tranlin Inc. announced early last week that the project…

Extended Richmond Region gets ready to go with new economic development strategy

In the next 90 days, a new regional council has to produce a plan to make the economy GO in the extended Richmond region. The 20-member council, which met in Henrico County for the first time on Wednesday, is the last of nine regional councils to convene to carry out the Virginia Growth and Opportunity Act…

Planning Commissioners ok one of three proposed solar farm projects in Chesapeake

It wasn’t unanimous and there was lengthy discussion, but the Planning Commission ultimately gave its stamp of approval to one of three solar farm projects up for consideration Wednesday night…

Possum Point residents sue Dominion, alleging coal ash pond contamination

A pair of families living near Dominion Energy’s Possum Point power station in Dumfries have filed multimillion-dollar lawsuits against the utility giant, claiming discharges from the company’s five coal ash ponds at the site contaminated…

Developer files counterclaim in alley scrap

A local developer is firing back against allegations that she’s purposely blocked a competitor’s access to an alleyway and impeded a pending hotel deal along the canal-front…

$11M research facility under construction at VIMS

Construction is well underway for the new Consolidated Scientific Research Facility at the Virginia Institute of Marine Science, Gloucester Point. The new, two-story building will provide space for diverse components on the VIMS campus that are now scattered in older or insufficient space…

Maryland prosecution of environmental crimes at 20-year low

Maryland is prosecuting its fewest environmental crimes in at least two decades as Gov. Larry Hogan fulfills promises to ease regulatory burdens on businesses. The work force dedicated to enforcing laws and regulations…

Rural Georgians receive tax credits under newly signed law

Gov. Nathan Deal signed a hotly-debated $60 million tax credit into law Tuesday that was criticized by opponents from both sides of the aisle as a giveaway to corporate interests but praised by supporters as a boon to struggling rural communities…

How politicians say they can help rural NC

Farmers, politicians, lobbyists, educators and advocates came to downtown Raleigh on Tuesday to talk to legislators and hear speeches from top state officials as part of the state’s first-ever “Rural Day.”…

Calif., NY sue DOI over Coal Leasing Program

California, New York, New Mexico and Washington hit the U.S. Department of the Interior with a lawsuit in Montana federal court Tuesday for restarting the federal coal leasing program without…

Lender suits follow plunging taxi medallion values blamed on ride-share rivals

The disruptive and largely unregulated ride-sharing industry is leaving select taxi-cab rivals upside down on loans as their operation licenses plunge in value…

Aetna pulls out of last ObamaCare markets

Insurer Aetna announced Wednesday that it is exiting its last remaining ObamaCare markets, meaning it will not be participating on the health law’s exchanges at all next year…

Barclays to pay $97M over claim of overcharging clients

The England-based bank agreed to settle three sets of violations with the SEC for charging customers nearly $50 million in excess fees for financial advisory and portfolio management services…

Pros and cons of the franchise dealer model

Automakers have sold cars through franchised dealers for more than 100 years. Dealers say this system benefits consumers, but critics contend it is inefficient and adds cost…

Florida bans local Uber/Lyft regulations

Gov. Rick Scott on Tuesday signed into law a plan to build a 78 billion gallon reservoir south of Lake Okeechobee and a measure that will stop local governments from regulating ride-sharing companies such as Uber and Lyft…

How Amazon's bot army is trouncing Walmart in e-commerce wars

Dexterity with bots allows Amazon not only to see what its rivals are doing, but increasingly to keep them in the dark when it undercuts them on price or is quietly charging more…

Pitching plan to streamline state bureaucracy, Gillespie tries to sidestep a Trump bombshell

While most of the political world was transfixed by the drama unfolding in Washington, Republican gubernatorial front-runner Ed Gillespie sat at a kitchen table in Richmond on Wednesday talking about policies he acknowledged…

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