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Articles by Lee Denton
The Site Report - Construction Law Insights, Issue 4, April 2023 | JD Supra
“A new study reveals some of the problems that plagued the real estate sector last year.” Why this is important: Residential construction in Pennsylvania is in steep decline according to a recent review of historical U.S census and labor bureau data. According to this data, the residential construction industry as a whole enjoyed a steady rise in the number and value of permits issued between 2012 to 2021. In fact, the number of residential permits issued in 2021 doubled the amount issued in 2012.
The Academic Advisor - Issue 4, April 2023 | JD Supra
“House Bill 1555 and Senate Bill 1373 becoming law requires public colleges and universities to implement these policies.” Why this is important: Virginia Governor Glenn Youngkin recently signed a bipartisan bill related to human trafficking into law. The new law requires public colleges and universities to incorporate human trafficking awareness and prevention training into their freshman year orientation programs.
Promissory Notes - Banking & Finance Insights: V 3, Issue 4, April 2023 | JD Supra
“Digitization and online banking will help the community banking sector grow substantially over the next five years.” Why this is important: Over the next five years, analysts are forecasting 5 percent growth in the community bank market share of overall banking services. If 5 percent seems comparatively small, consider the dollar comparison represented by that share: $207 billion. Community banks have many factors on their side as they continue this growth curve.
Decoded: Technology Law Insights - V 4, Issue 4, April 2023 | JD Supra
“In the brief notice, the agencies defined NFTs as ‘unique digital identifiers that are recorded via distributed ledger technology’ – which uses independent digital systems to record, share, and synchronize transactions – and that ‘may be used to certify authenticity and ownership of an associated right or asset.’” Why this is important: The U.S. Treasury Department and the IRS are seeking public feedback on the tax treatment of non-fungible tokens (“NFTs”) as collectibles under federal tax law.
SAY WHAT??—Defamation in an Era when Content Is King | JD Supra
On April 18, 2023, Fox News agreed to pay Dominion Voting Systems a staggering $787.5 million to settle a defamation lawsuit. Particularly startling about the settlement is that Dominion was valued at around $51 million as recently as 2018, meaning that the settlement resulted in a payout up to fifteen times Dominion’s value. Dominion filed the lawsuit in response to publicly broadcast statements by Fox News and its guests after the 2020 election.
Say what?? - Defamation in an era when content is king
(May 5, 2023) - Lee Denton of Spilman Thomas & Battle discusses business considerations regarding defamation on social media. On April 18, 2023, Fox News agreed to pay Dominion Voting Systems a staggering $787.5 million to settle a defamation lawsuit.1 Particularly startling about the settlement is that Dominion was valued at around $51 million as recently as 2018, meaning that the settlement resulted in a payout up to fifteen times Dominion's value.
The Site Report - Construction Law Insights: Issue 3, 2022 | JD Supra
Change in “Pay When Paid” Provisions for VA Public Contracts "An Act to amend and reenact §§ 2.2-4354 and 11-4.6 of the Code of Virginia, relating to contracts; payment clauses to be included; right to payment of subcontractors." Why this is important: There are currently bills before the Virginia Legislature to amend VA ST §§ 2.2-4354 and 11-4.6. The proposed amendments to VA ST § 2.2-4354 address the issue of who is liable for prompt payment of subcontractors on government construction...
Automation won’t cut out the adviser
Automation is a growing trend within the insurance industry and some advisers might feel that this could replace their role. In fact, automation will only aid the adviser, allowing them to deliver a more personalised service. Nowadays, many people are looking for the quick wins in all aspects of life. Anything that can speed up the process is seen as a positive and companies are fighting to meet that customer need. One way to make any process faster is to add automation.
Want more GI sales? It’s all about the PITCH
Insurance is a saturated market. Consumers have many different options available to them. They can go to their bank, to price comparison sites, direct or even to their local supermarket. Advisers have an advantage over all of these channels though, as they provide the consumer with the advice they crave. Also, as home insurance is an integral part of the home buying process, advisers have the opportunity to make a sale where others don’t.
Why aren’t you selling home insurance?
It’s a simple question, but perhaps not so easy to answer. Maybe you’re unaware of how lucrative it could be for you or maybe you’re not confident in your ability to promote the products and counter your client’s objections. Adding GI into your offering isn’t as complicated as you might think and at Source, we offer training and support every step of the way. What is home insurance?
A little change can make a big difference to your GI sales
If you already sell mortgages or provide advice on investments, you may feel confident that you have optimised your sales process as much as possible. However, making a small change like how and when you pitch GI to your customers could make a big difference. Perfecting your pitch The easiest change you can make to really boost your GI sales is to introduce it earlier into your sales process.
All Consuming - Financial Litigation Insights, Volume 2, Issue 1 - January 2021 | JD Supra
All is Not Lost: Mitigating the Risk of Loss of a Delinquent Collateral Asset in the Era of Autonomous Zones - The birth of autonomous zones has led to uncertainty regarding the protection of a lienholder's collateral assets, and raises new considerations that lienholders never had to consider in the past.
The Site report - Construction Law Insights: Issue 1, September 2020 | JD Supra
Welcome! If we have learned anything, 2020 has been an unexpected year. The pandemic has impacted the construction industry -- as it has with all industries -- over the past several months. Another thing that we know is that commerce continues and that includes construction projects. Our goal at Spilman is to look at trends, anticipate effects, and help our clients plan for the future. With that in mind, we have reconstructed this e-newsletter.
Unprecedented: COVID-19 Litigation Trends, Issue 13 | JD Supra
This 13th edition of Unprecedented, our weekly update on COVID-19-related litigation brings new developments in everything from constitutional law to tort liability. Shutdown cases show no signs of slowing down, and it seems probable that more will follow as some states reverse reopening plans in response to coronavirus outbreaks.
Unprecedented: COVID-19 Litigation Trends, Issue 11 | JD Supra
This 11th edition of Unprecedented, our weekly update on COVID-19-related litigation, identifies news reports placing the number of COVID-19 filings at around 2,700, with insurance coverage disputes former the single largest category. And so unsurprisingly, one of the matters we report this week is the dispute over whether those insurance coverage disputes should be consolidated into multi-district litigation.
COVID-19 and Unprecedented: Litigation Insights - Issue 10, 2020 | JD Supra
This tenth edition of Unprecedented, our weekly update on COVID-19-related litigation, finds us reporting fewer shutdown-related cases than in previous weeks, suggesting that these cases are winding down as the country opens back up. By contrast, our prediction that workers' compensation and personal injury cases would begin to pick up with reopening appears to have borne out, with this week bringing the first reported “household exposure” claim.
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