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July 2014 Archives

Startup taxi services sued by competitors

Seven taxi companies filed a lawsuit in Fairfax Circuit Court in Virginia on July 18 claiming that startup companies Uber and Lyft were operating without proper permits. The two companies allow people to download an app and then use that app to request a ride from anyone nearby offering their services through the companies. The majority of the plaintiffs are operated by Stafford Limousine, Inc., which is based in Richmond and operates in the central and northern parts of the state.

Virginia law standardizes farmer rights throughout the state

HB 261 took effect in Virginia on July 1 after being signed into law by Governor Terry McAuliffe. The bill provides protection from regulation for farmers who conduct certain types of operations on their farms. It was created after the controversy that stemmed from a ruling in 2012 by the Fauquier County Board of Supervisors that forced a farmer to stop selling produce that she grew on her own land.

Cable industry giants seeking mergers and acquisitions

Virginia businesses may be interested in some of the cost issues that cable companies are facing with regard to sports content. These issues may be connected with two high-profile mergers between industry heavyweights already in the works.

Lockheed swoops up another business

Lockheed Martin Corporation, like other defense businesses around the nation, has suffered from a business freeze. However, that could be changing nationally as mergers are now stepping up and acquisitions are increasing. Lockheed participated in another deal in June of this year, the fourth such acquisition in recent months, when it purchased the Fairfax, Virginia, company Zeta Associates, Inc., which has approximately 350 employees.

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