The Times West Virginian

Business

February 17, 2008

Courts of chancery

Can a forum dedicated to business law free up the state’s court system?

FAIRMONT — The West Virginia House of Delegates recently passed a resolution to investigate what a business court could do for the state.

House Speaker Richard Thompson introduced House Concurrent Resolution 20, which the house adopted on Feb. 8. Next, the senate will review and vote on the resolution.

The resolution calls for a committee to conduct an interim study of a business court system and report back to the Legislature. Upon passage of the resolution, a legislative subcommittee will be assigned to the study. The Legislature will bring in interested parties to give their input, suggestions and concerns.

“We would hope that they would have legislation to introduce at the beginning of the 2009 legislative session,” Thompson said.

Lawmakers could create a law master system by statute to hear business matters. The legislature could also pass a constitutional amendment or choose to go with other alternatives.

Stacey Ruckle, communications director for the West Virginia House of Delegates, said the speaker has looked into “courts of chancery” in some other states, such as Delaware, which has a high number of Fortune 500 companies. She said Delaware and West Virginia have similar court systems.

A business court would deal mostly with disputes between companies, like franchise issues, and cases that should receive attention from someone with expertise in business law, Ruckle said.

“The basic idea behind this is to expedite the process for businesses so that disputes can be handled outside of the circuit court system,” she said.

Thompson said the circuit court has to handle all types of cases, and sometimes business lawsuits get lost among the others that are filed. Because business cases aren’t as pressing as child abuse or neglect cases or criminal cases, naturally they don’t receive attention as fast, he said.

A chancery court would allow more experienced individuals to deal with business disputes and provide quicker results, Thompson said. It would provide speedy resolution and more predictability.

Text Only
Business
  • MM Consulting Services-JB.jpg MM Consulting caters to unique needs

    MM Consulting Services LLC is ready to help clients be successful by catering to their unique needs.
    The “MM” in the name stands for Marianne Moran, who started this Fairmont-based business in January 2013. She offers a wide range of marketing and advertising consulting services.

    April 20, 2014 1 Photo

  • Organization shows Americans how tax dollars are spent

    Last week, the deadline arrived for citizens across the state and country to pay their 2013 income taxes.
    But how exactly are those federal income tax dollars spent by the government?
    Anyone who has ever pondered this question can turn to the National Priorities Project for a detailed answer.

    April 20, 2014

  • Statewide online directory lets you track local goods

    A new online tool is providing a detailed look into West Virginia’s local food system.
    The West Virginia Food Mapper, a statewide interactive mapping application, was officially finalized and launched in February through a partnership among several entities. Those partners include Downstream Strategies, the West Virginia Food and Farm Coalition and its Meat Processing Working Group, and the West Virginia GIS (Geographic Information Systems) Technical Center.

    April 13, 2014

  • Chancelors reopens at new site after devastating fire

    Nothing, not event a devastating fire, can keep Chancelors down.
    At the beginning of March, this family-owned auction business and store opened at its new location beside Premier Body Works, a mile and a half past the Barrackville Covered Bridge.

    April 13, 2014

  • Despite coal decline, West Virginia remains strong in exporting

    Companies throughout West Virginia are bringing new dollars into the economy by exporting.
    The governor’s office recently reported that the state’s exports in 2013 totaled $8.4 billion. This is the third-highest amount of exports that West Virginia has seen in its history.

    April 6, 2014

  • Mannington B&B Wireless offers affordable service

    B&B Wireless is now offering affordable cellphone services to the Mannington area.
    Owner Brad Weaver recently opened this store, which is an nTelos Wireless exclusive retail provider, at 122 Market St. in Mannington. The new business is located beside Hero’s Corner Cafe and shares a building with Fancy Nancy’s Gift Shop.

    April 6, 2014

  • NASA IV&V, TMC play key role in launch of satellite

    A modeling and simulation product developed by the NASA Independent Verification and Validation Facility and TMC Technologies, both in Fairmont, recently played a key role in launching a satellite off the ground.
    Brandon Bailey is the lab manager of the Jon McBride Software Testing and Research (JSTAR) Laboratory at NASA IV&V.

    March 30, 2014

  • Quality of life focus at White Hall Hearing Care

    White Hall Hearing Care encourages people to do their ears a favor and visit an audiologist.
    Owner Barb Litton Cox, a nationally certified state licensed audiologist, opened her office on March 4 at the White Hall Professional Complex, located at 177 Middletown Road.

    March 30, 2014

  • Small Business Resource Summit and Entrepreneurs Café set Tuesday

    Main Street Fairmont is helping small businesses find opportunities to grow.
    The Small Business Resource Summit and Entrepreneurs Café are scheduled for this Tuesday at Veterans Square, located at 320 Adams St. in downtown Fairmont.

    March 23, 2014

  • Microtel Inn & Suites by Wyndham opens doors

    The team of the new Microtel Inn & Suites by Wyndham is glad to be in Fairmont.
    The hotel, located at 20 Southland Drive next to the Middletown Mall, officially opened its doors on Friday, March 21. That afternoon, the management team and staff welcomed members of the public to tour the new facility and enjoy lunch during an open house.

    March 23, 2014

Featured Ads
NDN Business
House Ads