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Daily Clip 8/25/17
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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 .

 

Chinese Company Tranlin to pay back $5 Million to Virginia, reset plans for factory in Chesterfield

Tranlin Inc. will repay $5 million to Virginia, as the Chinese company resets its plans to build a paper products factory in Chesterfield County that was expected to bring $2 billion in investment and create 2,000 jobs…

Distressed U.S. cities seek to sell water systems: Aqua America CEO

Official interest in privatizing water utilities in cash-strapped U.S. cities is extremely high, Aqua America Inc's CEO Christopher Franklin told Reuters in an interview on Thursday. Aqua, which is focused on expanding by acquiring public water utilities from financially struggling local governments…

New dispute over cost of fixing Metro pits District against Virginia, Maryland

A disagreement between the District and its neighbors over how to split the cost of fixing Metro is blocking the region’s effort to agree on a plan for the transit system, raising doubts about whether a long-term solution can be found this year…

Tech Center Research Park tenants announced

The under-construction Newport News Tech Center Research Park near Jefferson Lab and the Whole Foods-anchored shopping center is attracting interest from Peninsula tech firms and out-of-state businesses…

BVU expects to close OptiNet deal this fall

BVU Authority now expects to complete the sale of its OptiNet division later this year, possibly in October. Authority President and CEO Don Bowman outlined the remaining process and schedule for the BVU board on Thursday during its regular monthly meeting…

At long last, GSA picks a new headquarters site for the TSA

The federal government has picked a Springfield site as the new headquarters for the Transportation Security Administration, a major victory for the Fairfax County submarket after a federal judge…

GO Virginia Regional Council identifies job clusters and strategies

The “GO” in GO Virginia stands for Growth and Opportunity. A regional council of businesspeople, educators and community leaders has been working since March to identify ways to spur growth in and diversify a regional economy that includes…

Bon Secours announces yet another plan for Westhampton School

The hospital system’s new plans include building a 55,000-square-foot, three-story medical office building just north of the school facing Libbie Avenue…

In search of opportunity, Virginia farmers look to hemp

Over the past few years, Virginians, including many Southside farmers interested in diversifying their once tobacco-heavy operations, have begun to warm up to hemp…

Speakers at real estate group’s meeting mostly see economy doing well

The U.S. economy seems likely to continue growing at roughly the same rate it has for a long time, with Virginia doing pretty well, several speakers said Thursday at a meeting on the state of the economy…

Proposed pipeline projects could mean bumpy end to the McAuliffe Administration

A coalition of environmental activists is planning a three day protest in September, when they plan to launch what they call "the most ambitious and creative environmental protest ever organized in Virginia history….

NC House aids consumer lending industry over Cooper's veto

A proposal opposed by consumer advocates is a step away from becoming law after the state House voted Thursday to override Gov. Roy Cooper’s veto. House Bill 140 started out with a focus on dental care. But on the last day of this year’s regular session, lawmakers inserted an unrelated provision that would help companies that sell high-interest-rate consumer loans….

Congress facing deadline to renew healthcare for children

Congress is approaching a healthcare deadline with enormous stakes for millions of people — and this time it isn't about ObamaCare. Federal funding for 9 million low- and middle-income children is set to expire at the end of September, setting up a crucial deadline for…

NY regulations set the bar high for Cybersecurity standards

New York’s cybersecurity regulations take effect on Aug. 28, marking a significant milestone in what is likely to be a new era in cybersecurity regulation on both a national and international level…

How Washington gridlock delays high-speed broadband to rural US

An internet battle has been raging for more than a decade over so-called “net neutrality,” the principle that internet service providers and governments treat all content equally, prohibiting the indiscriminate blocking or slowing down of certain material. The issue…

Va. High Court strikes receipts tax on Duty-free goods

The Virginia Supreme Court on Thursday found the imposition of a Loudoun County gross receipts tax on the sale of duty-free items sold at Dulles International Airport to be unconstitutional…

Gillespie eyes Northern Virginia voters in ad, touts working-class roots

Virginia GOP gubernatorial nominee Ed Gillespie on Wednesday started airing his first general election television ad in the Washington, D.C., media market, reintroducing himself to potential supporters in the voter-rich suburbs just outside the nation’s capital…

Del. Ron Villanueva headed a defense contractor that feds say another firm secretly controlled

While announcing a $16 million settlement this month, federal officials alleged a Virginia Beach defense contractor concealed its control of two other Beach companies so they could win federal contracts set aside for small or disadvantaged businesses. And…

Teachers fired, principal out at Petersburg school where VA. report says staff helped students cheat on SOLs

Some students at A.P. Hill Elementary School in Petersburg had to raise a hand after answering questions on state accountability tests last spring for a proctor to check their work…

Interstate Highways should not be toll roads

A transportation system that allows for the free flow of people and goods is as essential to the nation’s economy as a healthy circulation system is to the human body. That’s why transportation is…

Skeptical Courts may undermine Trump's Energy Project push

Recent court rulings ordering federal agencies to analyze the climate change impacts of fossil fuel projects highlight the legal hurdles facing President Donald Trump's executive orders encouraging faster approvals of energy infrastructure…

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