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Updated February 2024 Non Compete Law Changes in Virginia While the rest of the world was focused on dealing with the implications of COVID-19, Virginia quietly passed it’s legal changes to whittle down already-disfavored non-competition laws. Starting July 1, 2020, businesses may not “enter into, enforce, or threaten to enforce” a non-competition clause with any […]
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Both corporations and LLCs limit the liability of the investors (owners and shareholders) from the debts of the business and against lawsuits against the business. It “limits” individual’s liability for actions of that business. This is called the “corporate veil,” meaning that there is a separation between the liability of the business and the liability of the […]
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