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Crown Center, Suite 300 580 E. Main Street (23510) P.O. Box 3127 Norfolk VA 23514-3127 U.S.A. (Independent City) View Map

Business

Interlocking Directorates
Section 8 of the Clayton Act, 15 U.S.C.S. § 19, prohibits corporations from having the same directors or officers in some instances. Thus, under Section 8, a person may not serve as an officer or director of two non-bank corporations if one of the companies has more than $10 million (adjusted for annual GDP changes) in capital, surplus, and undivided profits and the companies compete so that an agreement between them would eliminate that competition and result in a violation of an antitrust law. An example of a violation of an antitrust law which Section 8 of the Clayton Act is designed to prevent is an agreement between two or more competitors on the prices they charge, which would be a per se illegal agreement under Section 1 of the Sherman Act, 15 U.S.C.S. § 1. More...
Protection for Toxic Substances Control Act Whistleblowers
Protection for Toxic Substances Control Act Whistleblowers More...
Premerger Notification Under Section 7A of the Clayton Act
Section 7A of the Clayton Act, 15 U.S.C.S. § 18a, requires advance notice to federal antitrust enforcement agencies of mergers and acquisitions over a certain size. Pre-merger notification rules must be complied with and notice must be given to the Federal Trade Commission or the Department of Justice before the merger or acquisition may become effective. Those agencies have the option upon receiving proper notification to impose an additional waiting period upon the parties to the transaction in order for the agencies to evaluate any potential effect on competition or tendency toward a monopoly that would suggest an enforcement action to have the merger or acquisition enjoined. More...
Initial Public Offerings and Lockup Agreements
A lockup agreement is a contract between an underwriter and a company going public in which the insiders of the company, including directors, officers, employees, and friends and family agree that they will not sell shares of the company they own until a set period of time after the company's shares are sold to the public. The objective of the lockup agreement is to provide a stable market for the securities for a reasonable time after the initial public offering. More...
Mediation of Securities Disputes
Broker-dealer members of the National Association of Securities Dealers are required to arbitrate their disputes with investors. Also, the agreement signed by investors to trade through broker-dealers normally contains a provision requiring the investors to arbitrate their disputes with the broker-dealers rather than litigate such disputes. However, mediation is an additional method for resolving disputes that may be used prior to or in addition to mediation. More...

Office Hours

Monday08:30 AM - 05:00 PMTuesday08:30 AM - 05:00 PMWednesday08:30 AM - 05:00 PMThursday08:30 AM - 05:00 PMFriday08:30 AM - 05:00 PM

Areas Of Practice

  • Automobile Accidents
  • Bankruptcy
  • Business and Contract Litigation
  • Business Formations
  • Business Law
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