Sands Anderson PC

Rogue CFO I- Introduction

Small, privately owned corporations deal with all types of challenges: competition, government regulations, recessions, rising cost of benefits for employees —the list is long. But one area that seems to be a persistent problem…more

| Business Torts, Commercial Law & Contracts, Criminal Law

‘S Wonderful, ‘S Marvelous, ‘S Unreasonable

One of the reasons to choose an S-Corp instead of an LLC is tax savings. An S-corp does not pay any taxes at the corporate level, but instead all income is passed through to the shareholders, who are responsible for a number of…more

| Business Organizations, Commercial Law & Contracts, Labor & Employment...

Are E-Cigarettes A Reasonable Accommodation?

Much has been written in the last several weeks about the rise in popularity of electronic cigarettes (e-cigarettes). States are proposing legislation to protect teens as well as prohibit use in public places. But the answer…more

| Labor & Employment Law

Significant Changes to the North Carolina Limited Liability Act

On January 1, 2014, the North Carolina Limited Liability Act was significantly overhauled. Existing Chapter 57C was repealed and 57D was passed in its place. Many of the substantive changes are highlighted below…more

| Business Organizations, Commercial Law & Contracts

Nervous Time for Localities: The General Assembly Is In Session

It happens in January, every year. The General Assembly convenes and considers all manner of bills that localities support or oppose. And localities get nervous. More nervous than most Assembly-watchers, I say…more

| Administrative Law, Elections & Politics

In NC and Virginia, Consumers Can Dispute Debts Verbally

If you routinely collect debts from consumers, you are probably familiar with the requirements of the federal Fair Debt Collections Act (FDCPA). Under this act, consumers who disputed a debt had thirty days after receiving…more

| Civil Procedure, Consumer Protection, Finance & Banking

A Trade Name May Not Smell So Sweet If It’s Also a Trademark

There are many legal principals behind names of companies and their products and services. It is common for new businesses to check with the North Carolina Secretary of State to make sure no one else has their name. This is a…more

| Business Organizations, Commercial Law & Contracts, Intellectual...

Moody’s Revises Rating Criteria for Local Governments

On January 15 of this year, Moody’s announced a revised methodology for its evaluation of local government general obligation credits. Moody’s overall methodology is to evaluate each locality seeking/maintaining a rating over…more

| Commercial Law & Contracts, Finance & Banking

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