Author: Jared Burden

The Trump administration’s aggressive use of tariffs led many companies in Virginia—and across the country—to ask: Can newly imposed tariffs excuse performance under existing contracts? Specifically, can they trigger force majeure clauses or support a defense of commercial impracticability under Virginia law? ...

The U.S. Treasury Department recently announced it will not enforce the Corporate Transparency Act (CTA) against domestic entities. This means that—at least for the timebeing—U.S.-based businesses are relieved of their obligation to report beneficial ownership information to FinCEN by the March 21, 2025 deadline....