Print Page   |   Contact Us   |   Sign In   |   Register
Daily Clip 6/22/17
Share |

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 .

 

Virginia sues Northrop Grumman for $300 Million in dueling IT divorce suits

The impending divorce between Virginia’s information technology agency and Northrop Grumman is getting more expensive, but the question is who will pay the bill. The Virginia Information Technologies Agency filed a $300 million countersuit against the McLean-based technology giant Wednesday, alleging…

Isle of Wight reduces incentives for Keurig after $36M shortfall

Isle of Wight County is reducing some of its financial incentives for Keurig Green Mountain Coffee Roasters by 20 percent after the company spent $36 million less than it pledged to on capital investments during a four-year time frame…

Sunset attorney: Conditions could kill OptiNet deal

The Virginia Coalfield Coalition granted conditional consent Wednesday for Sunset Digital Communications to acquire the OptiNet network but gave operational control of the wireless phone network it oversees to another firm. Sunset’s attorney said those terms would likely kill the deal…

Cash-strapped Petersburg names first permanent City Manager since canning Johnson 16 months ago

Aretha Ferrell-Benavides was looking for a challenge after three years at the helm of a 13,500-person Dallas suburb. She found one. On the eve of her formal introduction Wednesday as Petersburg’s incoming city manager, consultants tasked with pulling the city from the brink of financial ruin told…

Northam has 8-point lead over Gillespie in first post-primary poll of Virginia Governor’s race

Democrat Ralph Northam begins the general-election phase of Virginia’s governor’s race with an 8-point lead over Republican Ed Gillespie, according to a Quinnipiac University poll released on Wednesday. Northam, the current lieutenant governor, held a 47 percent to 39 percent lead over Gillespie…

Environmental groups: Justification for Dominion’s Atlantic Coast Pipeline has 'eroded'

A coalition of environmental groups wants a hearing on the need for Dominion Energy’s Atlantic Coast Pipeline, claiming in a federal filing today that the justifications for the 600-mile, $5.5 billion natural gas pipeline project have “eroded, if they ever existed…

WestRock to acquire more corrugated container operations for undisclosed amount

Packaging maker WestRock Co. on Wednesday announced its second deal in as many months to buy assets for making corrugated containers…

Prince William County supervisors will not send stadium bond issue to voters

The Potomac Nationals are likely closer to a new stadium in Prince William County after the board of supervisors there declined to put a decision on stadium funding in the hands of voters...

Workforce development seen as key to region's future

Unemployment has been cut in half in Waynesboro, Staunton and Augusta County since 2010, even as the area's top economic sector remains manufacturing…

Concern raised about Lee County's partner in plan to reopen hospital

Americore Health LLC in October signed a letter of intent with the Lee County Hospital Authority to develop a plan to reopen the shuttered facility, which has been closed since 2013...

Report: Virginia making overall progress in Chesapeake Bay cleanup

Overall, the picture looks rosy enough: Virginia is on track to hit its pollution-reduction targets to help restore the Chesapeake Bay. But the devil is in the details. Virginia has made such "incredible progress" in upgrading its…

America's hungriest wind and solar power users: big companies

Major U.S. corporations such as Wal-Mart Stores Inc and General Motors Co have become some of America’s biggest buyers of renewable energy, driving growth in an industry seen as key to helping the United States cut carbon emissions…

'Clean coal' plant may not use coal

Mississippi regulators are asking the owners of a under-construction “clean coal” power plant to draft a plan for it to run solely on natural gas. The unanimous Wednesday vote by the state’s Public Service Commission could spell the end for one of the largest attempts to demonstrate that…

San Francisco to ban sale of flavored tobacco

The San Francisco Board of Supervisors on Tuesday unanimously voted to ban the sale in the city of all flavored tobacco products, including menthol cigarettes, which the bill’s sponsors say are disproportionately marketed to minority populations and youth…

Pa. Justices create uncertain New Era for Enviro Reviews

The Pennsylvania Supreme Court’s ruling on Tuesday reaffirming constitutional guarantees on the right to clean air and pure water is being hailed as the biggest environmental decision in the state in decades and a harbinger of a new and uncertain era of scrutiny for projects with…

Anthem to end ObamaCare plans in Indiana, Wisconsin

Anthem cited uncertainty surrounding how the Trump administration will handle the Affordable Care Act (ACA) as one reason for leaving…

Tesla dealership bill pops up late in session

A surprise late-session bill to let electric-car manufacturer Tesla sell direct to consumers in North Carolina materialized Wednesday at the legislature. Other automobile manufacturers were not happy. But auto dealers…

Fed change should make tests less stressful for most Banks

A change in the way the Federal Reserve will evaluate most banks’ ability to withstand a financial shock should make the central bank’s stress testing process for this year much less harrowing than in previous years…

Changing America, part V: The coming millennial boom

In the weeks before residents of Tulsa, Okla., went to the polls last spring, coasters started showing up in the city’s bars advertising a party outside the county elections office.The group of civic-minded young professionals who paid for the coasters offered…

How Highway Tolls can make US Infrastructure great again

When we do finally get around to focusing on the president’s infrastructure plan, the provision eliminating tolling restrictions on interstate highways deserves particular attention. It is a good idea, but it requires some work to sell…

Why rural localities in North America should band together to form their own Trade Zone

Bear with us today for a thought experiment. In this case, the “bear” in question involves polar bears. Let’s turn our thoughts to the Canadian province of Manitoba. The capital Winnipeg is a major city…

Sign In
Sign In securely