Startup companies eager to accelerate their growth sometimes face tough options—and succumb to questionable decision-making–when it comes to raising capital, and iAnthus, one of early leaders in the booming legal cannabis industry, is the latest example of how quickly and dramatically things can go wrong when a company enters into a risky financing deal. Decision-making […]
Each month Perkins Law spotlights a local nonprofit doing inspiring work in the central Virginia area, and the featured nonprofit for February 2022 is ART180. Perkins Law salutes ART180 for providing a space, free of judgment, that encourages creative self-expression while developing local young creators and promoting them through exhibitions, performances, public art, publications, and […]
If you are thinking about starting your own business then consider signing up for the upcoming virtual SCORE workshop “How to Start Your Own Business” featuring RVA’s small business attorney, Eric Perkins on March 10th. Speakers will cover such topics as: Choosing the legal structure that’s right for you Building a successful marketing and sales […]
Question: If an individual serves on an Endowment Committee for a nonprofit organization that has started to invest significant sums in a for-profit privately held company in which the volunteer is a co-owner and executive employee, should the volunteer step down from the Endowment Committee? Answer: Conflicts of interest are not prohibited per se. A […]
Each month Perkins Law spotlights a local nonprofit doing inspiring work in the central Virginia area, and the featured nonprofit for December 2021 is Live Red Foundation. Perkins Law salutes Live Red Foundation for offering free fitness programs, which teach 8 core life skills, to youth in low-opportunity communities. Click here to learn more.
Richmond small business attorney Eric Perkins has again been selected by Virginia Business magazine as a “Legal Elite” in the Business Law category for 2021. Started in 2000 in cooperation with the Virginia Bar Association, the Legal Elite recognizes lawyers selected by their peers as outstanding attorneys in 20 different practice areas.
The limited liability company (“LLC”) has emerged as the entity of choice throughout the small business community over the past 25 years. However, for many professional service providers, Virginia offers another, yet confusingly similar, option: the professional limited liability company (“PLLC”). Because (i) the two types of entities are similar in many substantive respects, yet […]
RVA nonprofit attorney Eric Perkins will discuss key questions to answer before getting started, how to form a Virginia Nonstock Corporation with SCC and how to apply for recognition of tax exempt status. Attendees will also hear valuable insights and close with plenty of time to answer questions. Virtual workshop will be held on Thursday, […]
Each month Perkins Law spotlights a local nonprofit doing inspiring work in the central Virginia area, and the featured nonprofit for November 2021 is ACTS. Perkins Law salutes ACTS for its mission to provide funds, support, and other resources to neighbors in financial crisis, enabling them to live sustainable, self-sufficient and dignified lives. Click here […]
I was saddened to recently to hear the news that the Innsbrook Foundation was dissolving, an unfortunate fate for an organization that had served the Innsbrook community so effectively for over 30 years, but an inevitable part of the life cycle of any nonprofit organization or business entity. The COVID-19 pandemic has been a catalyst […]