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Pender & Coward attorneys are committed to your success and peace of mind. Our motto is simple, yet effective: “Service. Integrity. Results.” Our adherence to that motto transcends the legal services we provide, whether in complicated business law, complex litigation, family law or estate planning. Our attorneys are dedicated to each client’s best interests, and strive to provide first rate legal services at a very fair value. With offices in Virginia Beach, Chesapeake and Suffolk, our team of experienced attorneys can provide all your legal needs.

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From the Blog

Opinions & Observations

October 08, 2024

by Richard E. Biemiller

IntroductionWhen a commercial loan goes bad, the lender generally has two choices: (i) do everything it can to collect the loan, including a collection suit versus all obligors and/or liquidation of collateral or, (ii) work with the borrower by providing some time for it to right the ship and regain its financial footing. The latter option typically involves the parties entering into a forbearance agreement whereby the lender does not exercise any of its...

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Understanding How a Survey Enhances the Real Estate Closing Process

September 13, 2024

by Richard E. Biemiller

Underlying Tension in Real Estate Closings between Lenders, Borrowers and Title Insurance CarriersCommercial real estate closings are generally a collaborative process; everyone is working toward a closing with great optimism for the future. Nonetheless, all of the parties involved are also looking at ways to protect their individual interests in the event the borrower’s business plan or something else does not work out as expected. For example, both...

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The Future of Non-Compete Agreements: FTC's Final Rule and Its Implications

August 06, 2024

by Jeffrey D. Wilson

In May, the Federal Trade Commission (“FTC”) published a controversial Non-Compete Clause Final Rule (the “Final Rule”) that impacts almost all non-compete agreements between companies and their employees and contractors – including those already in existence. That Final Rule is scheduled to go into effect on September 4, 2024 (the “Effective Date”).FTC Outlaws Most Non-compete Agreements Effective September 4, 2024.So-called “non-compete agreements”...

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Name, Image, and Likeness: What is Going On – Part 2

August 05, 2024

by Diamond C. Royster

Name, Image, and Likeness (“NIL”) within the realm of collegiate sports continues to be a hot topic. I wrote my first blog post discussing this subject on October 16, 2023. (Click here to read). Since then, several events have occurred sparking a need for another update. For example, EA Sports, a video game developer, brought back its popular college football video game. The company discontinued it in 2013 due to challenges by former players against the...

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Our blog "Opinions & Observations" provides important updates, insights and solutions to legal questions and concerns.