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News & Press: 2019 Economic Development News

TSS Today's Clips-Thursday, August 8

Thursday, August 8, 2019  
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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.

 

New I-81 Committee to meet for first time next week in Lexington

The newly formed Interstate 81 Committee will meet next week in Lexington to discuss the status of highway upgrades. The Virginia General Assembly approved the formation of the I-81 Committee earlier this year…

Private group has spent $20 Million on Coliseum Redevelopment proposal to date

Affiliates of the private group behind the $1.5 billion proposal to redevelop the area around the Richmond Coliseum have already spent millions planning for the project…

Regional effort to establish York drone facility hinges on potential solar farm

The idea to turn an out-of-use fuel farm in York County into a facility for unmanned systems developers to test their drones is on its last wings, but officials are optimistic that the concept will pan out…

Culpeper group urges Madison to rein in utility-scale solar plants

A Culpeper citizens group is urging Madison County officials to rein in utility-scale solar plants by limiting them to industrially zoned land. On Monday afternoon…

Twin City Mayors agree on rail service, not baseball stadium

Passenger rail service, a baseball stadium and the proposed resort casino were among the wish list items mentioned Wednesday by the Twin City’s mayors during the seventh annual State of the Cities address…

Eastman to invest more than $7.7 Million to expand its manufacturing base

The more than $7.7 million Eastman Chemical plans to spend to expand its manufacturing presence in Henry County will create $67,775 in new annual taxes for the county…

After 31 years, LeClairRyan law firm is closing

The Richmond-based legal giant LeClairRyan is shutting down, a casualty of a dramatic collapse in revenue and an exodus of lawyers in recent years. The national law firm’s demise also is attributed in part to…

State Police: Spotsylvania fraud a case of 'phishing' scams

A fraud case involving a $600,000-plus payment for synthetic turf for Courtland High School’s football field does not appear to be linked to two other thefts from Spotsylvania County government…

MVP tries again to remove 2 tree-sitters

Unable to convince a federal judge to remove two tree-sitters blocking work on the Mountain Valley Pipeline, attorneys for the company are turning to state court in an effort to end the long-standing dispute…

Electric scooter companies will need contract with Virginia Beach to operate next year

Before Virginia Beach becomes overrun with the devices, council members want to establish ground rules that could include a cap on the number of vendors and scooters in the city…

Hampton University looks to train next generation of black esports players, entrepreneurs

The university plans to create an esports lab with space for students to develop and pitch video games. It also will create a specialized esports track within its sports management graduate program and a separate graduate certificate….

Warren pushes for public broadband networks

Sen. Elizabeth Warren (D-Mass.)on Wednesday released a proposal to invest in rural America, sayingshe would push to create publicly owned high-speed internet networks across the country to address the lack of broadband access in rural and low-income areas…

Novartis CEO says organization can 'stand proud' after hiding manipulated data from FDA

Drug company Novartis is defending its decisionto withhold information from the Food and Drug Administration (FDA) about partially faulty data in its application for approval of a $2.1 million drug...

McDonald's says thicker paper straws can't be recycled

McDonald’ssays its new eco-friendly paper straws cannot be recycled and instead are being placed in general waste. The fast-food giant said while the straw material is recyclable, the thickness of them makes it difficult for recycling centers to process…

Walgreens plans to close 200 U.S. stores, according to new SEC filing

According to the document posted Tuesday on theSecurities and Exchange Commission website, the move to close stores follows “a review of the real estate footprint in the United States.” The closing stores represent less than 3% of Walgreens nearly 9,600 U.S. stores…

Secret recipes of Duke’s mayonnaise founder were stolen, SC lawsuit claims

A Greenville, SC maker of pimiento cheese, chicken salad and other sandwich spreads says a former sales executive stole its recipes, and it wants a federal judge to order their return…

5 insurance coverage questions raised by opioid litigation

A look at the early footprints left by current opioid litigation reveals two insurance coverage issues in their infancy — whether alleged opioid damages were because of bodily injury or caused by an occurrence — and another three issues likely to be litigated soon…

NCSL panel urges Fed. law on taxing digital goods

A resolution reaffirming support for federal legislation standardizing the taxation of digital goods and services and recognizing the Wayfair decision's impact was passed by a National Conference of State Legislatures' committee on Wednesday…

Justices' betting ruling may spur State tax action: Panel

The landmark U.S. Supreme Court decision that struck down a federal law prohibiting most states from legalizing sports betting might provide a new avenue to challenge federal restrictions on state taxes, panelists said Wednesday…

Preserve Ag land for agriculture

Another local grassroots group is challenging an out-of- state company’s plans to erect an industrial-size solar farm on agriculturally-zoned land in Virginia. Last time, the fight was in Spotsylvania County. This time it’s in Culpeper County…

McLaughlin: Where did $600,000 of Spotsylvania taxpayer money go?

Where did it go? A bond referendum authorized the Spotsylvania County School Board to borrow money for various school-related capital projects. One project was the installation of synthetic turf football fields at each of the county’s five high schools…

 

 

 

Michael W. Woods
Senior Manager - Virginia

Direct: 804.697.2256 | Mobile: 804.339.0260
mike.woods@troutman.com

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