Kaufman and Canoles



Employee Benefits Update - December 2014
The IRS released on October 23rd the updated qualified retirement plan limits for 2015. Please see our full chart showing all the relevant limits for 2015 and the prior 5 years at the bottom of this newsletter.
By ESOPs & Employee Benefits

Private Client Services Update - Transfer of Residence to Living Trusts: Insurance Issues
Living trusts have become so popular that financial advisors, bankers, insurance agents and lawyers are accustomed to seeing their clients convey residences to living trusts. There are insurance pitfalls associated with conveying one’s residence to a living trust which advisors should be prepared to identify.
By Gregory R. Davis and Private Client Services

The Consumer Financial Protection Bureau
E. Andrew Keeney presented The Consumer Financial Protection Bureau at the MDDCCUA Chairman's Forum on December 3, 2014.
By E. Andrew Keeney

Press Releases

45 Kaufman & Canoles Attorneys Named to Virginia Business Magazine's Legal Elite 2014
Kaufman & Canoles is pleased to announce that 45 of its attorneys were selected for inclusion in Virginia Business Magazine’s 2014 Legal Elite, the most of any firm in the Commonwealth.
About Debra C. Albiston, Allison W. Anders, Stanley G. Barr Jr., Robert J. Barry, Dale Truitt Berrett, John M. Bredehoft, Kristan B. Burch, Paul K. Campsen, R. Johan Conrod Jr., Ann K. Crenshaw, Gregory R. Davis, Jason R. Davis, Paul W. Gerhardt, David B. Graham, Laura Geringer Gross, Nicole J. Harrell, R. Braxton Hill III, David Kamer, Kirkland M. Kelley, Scott W. Kezman, Charles E. Land, Dennis T. Lewandowski, Jeffrey L. Marks, Vincent J. Mastracco Jr., T. Braxton McKee, Charles V. McPhillips, Christy L. Murphy, Terence Murphy, E. Duffy Myrtetus, Stephen E. Noona, Patrick H. O'Donnell, Alfred M. Randolph Jr., Jonathan B. Reed, Mary Elizabeth Sherwin, Hunter W. Sims Jr., Robert E. Smartschan, Anna Richardson Smith, Jeffrey M. Stedfast, Stephen E. Story, Timothy O. Trant II, William R. Van Buren III, Lewis W. Webb III, Kevin A. White, Burt H. Whitt and James L. Windsor

Kaufman & Canoles Named to 2015 US News Best Lawyers - "Best Law Firms"
November 2014– Kaufman & Canoles is pleased to announce that the firm received national and local rankings in the 2015 edition of U. S. News – Best Lawyers® “Best Law Firms”.   The firm received Tier 1 rankings in Norfolk in the following practice areas:

Local Organizations Partner to Host Workshops to Provide Insight on Franchise Ownership
September 2014 – In an effort to educate potential franchise owners, the Hampton Roads Chamber of Commerce; Small Business Development Center of Hampton Roads (SBDC); Kaufman & Canoles, P. C. ; FranNet; and Hampton Roads Veterans Business Outreach Center have partnered to host
About Nicole J. Harrell and Stephen E. Story


Kaufman & Canoles Represents Wheeler Real Estate Investment Trust in Initial Public Offering
Kaufman & Canoles, P.C., is pleased to announce that Wheeler Real Estate Investment Trust, Inc. (WHLR), successfully completed the initial public offering of its common shares on the Nasdaq Capital Market.
About Charles E. Land and Jonathan B. Reed

Kaufman & Canoles Represents Bank of America in Financing of New Retail at Williamsburg Pottery
Kaufman & Canoles recently served as bank counsel in connection with a $10,000,000 loan by Bank of America, N.A. to finance the development of three new retail buildings for the Williamsburg Pottery in Williamsburg, Virginia.
About Otto W. Konrad

Kaufman & Canoles Represents Taylor Farms in Conditional Use Permit Application
Kaufman & Canoles recently represented Taylor Farms Land Company, LLC in its application for a conditional use permit before the Virginia Beach City Council to allow a large scale sand borrow pit on a portion of its property.
About Ann K. Crenshaw