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      • Transportation
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ChAmber Blog

Buying, Selling and Restructuring Distressed Assets

10/28/2020

1 Comment

 
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Eric Lemmer, Esq., Attorney & Counselor at Law, Admitted in Virginia and the District of Columbia, Arlington Law Group

Given the unprecedented economic turmoil caused by COVID-19, there has been a substantial uptick in distressed asset transactions (i.e. the sale of something well below its traditional market value). We have been surprised by the number of these transactions that have lacked traditional due diligence and contingency planning. Seemingly, parties have been willing to ignore traditional risks and are increasingly motivated by fear or greed. However, distressed asset transactions typically have heightened risks associated with them, which justify additional planning from a legal perspective, not less.


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1 Comment

What Can I Do?

10/20/2020

0 Comments

 
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Sarah White, Chief Operating Officer, Cowboy Cafe, Lost Dog Cafe - South Arlington, McLean, Dunn Loring

“What can I do?” It seems like I get asked this several times a day in the world of restaurants. “I want to support my local restaurant, but don’t know how I can help.” I get it. We all want to support our local restaurants, but some of us just aren’t ready to dine in, or cannot afford to eat out all the time. That is why I would like to take a minute to tell you how you can be supportive no matter your situation.


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0 Comments

How COVID is Changing Your Electric Usage, Creating a Disaster for the Unprepared

10/14/2020

1 Comment

 
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Scott Reamy, Manager Electric Distribution Design, Dominion Energy

COVID is changing how business is conducted across the Commonwealth.  As the weather begins to cool, and temporary accommodations are made to adhere to local guidelines, businesses, such as bars and restaurants, may begin to install electric heaters, lighting, audio equipment, and other electronics that require additional electricity. It is important to understand how much available load you have in your panel box and whether any additional work needs to be done to accommodate new electric load.


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1 Comment

Phishing Scams: Understanding, Detecting, and Avoiding

10/7/2020

1 Comment

 
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Jack Pittas, Co-Founder of PK Cyber Solutions Inc.

While the increased use of teleworking has created stress and additional headaches for employees, it’s generated nothing but opportunities for cyber criminals, specifically the “Online Scammers.” That is why the use of “phishing” has absolutely skyrocketed within the last 6 months.



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    The mission of the Arlington Chamber of Commerce is to strengthen businesses and the economic environment for those who work, live and do business in Arlington.
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