Sherrod Banks, President of The Banks Law Firm, announced that Howard Rhodes has joined the firm as an associate. Mr. Rhodes joins the practice with a focus on civil litigation and housing and economic development law. Mr. Rhodes is an associate who concentrates his practice in civil litigation, corporate transactions, and housing and economic development law. Prior to joining The …
Employers Beware of the EEOC’s New Position Statement Procedures
The U.S. Equal Employment Opportunity Commission (“EEOC”) has implemented new nationwide procedures regarding the disclosure of position statements which may impact how some public and private employers respond to EEOC charges. In the past, an employer’s position statement and supporting documents submitted to defend an EEOC Charge would only be disclosed to the Charging Party after the EEOC’s investigation of …
Major Changes to the FLSA “White Collar” Exemptions Coming Soon
The United States Department of Labor (“DOL”) is preparing to publish a final rule updating the criteria used to determine which workers are eligible for minimum wage and overtime pay under the Fair Labor Standards Act (“FLSA”). Under the proposed final rule, nearly 5 million additional workers will be eligible for overtime pay protection because of a 113 percent increase …
Ted Edwards and Eric Pristell Participate in the North Carolina Bar Association’s “Record-Setting Service Day”
All lines are busy at the WRAL call center. The North Carolina Bar Association’s ninth annual 4ALL Statewide Service Day is in the books. The record books, that is! Operating from seven call centers across the state, 532 North Carolina lawyers volunteered to provide free legal information to 10,136 citizens on Friday, March 4, establishing records for both volunteers and …
Greensboro Housing Authority Shared Valuable Expertise in RAD Portfolio Conversions [Video Available]
In 2015, the Greensboro Housing Authority (“GHA”) took a significant step in repositioning its assets by converting 893 units in eight public housing developments to project-based Section 8 units under the HUD RAD program. Some of the transactions involved FHA mortgage loans, Fannie Mae mortgage loans, tax-exempt bonds and low-income housing tax credits, and some had no outside financing at …
Ted Edwards to Provide a Construction Law Update at the 2016 Statewide Industry Kickoff Meeting
Principal Ted Edwards will provide a construction law update at the 2016 Statewide Industry Kickoff Meeting scheduled for Saturday, February 6, 2016 from 9:00 a.m. – 1:00 p.m. at the North Carolina Education Building, 301 North Wilmington Street, Raleigh, NC 27612. The event will showcase a statewide preview of business opportunities, events and issues relevant to the regional design and …
Eric Pristell Admitted to the Virginia and Georgia Bars
Sherrod Banks, President of The Banks Law Firm, P.A., announced that Eric Pristell, a Principal and Shareholder at the Firm, was recently sworn-in as a new member of the bars of the Commonwealth of Virginia and the State of Georgia. Mr. Pristell’s practice areas include affordable housing and community economic development law as well as public finance. He routinely represents …
Property Tax Exemptions for Affordable Housing Projects [Video Available]
Filing deadlines are fast approaching in North Carolina Sherrod Banks gave a free seminar on property tax exemptions for affordable housing in North Carolina and South Carolina at the Carolinas Council Conference in Myrtle Beach, South Carolina, just in time for developers, owners and housing authorities to prepare applications for property tax exemptions for 2016. Applications for tax exemptions are …
Danielle Barbour Wilson Named Rising Star by NC Super Lawyers Magazine
Principal Danielle Barbour Wilson has been named a Rising Star by North Carolina Super Lawyers Magazine for 2016. This coveted list honors up-and-coming attorneys who are either under the age of 40 or have been practicing for 10 years or less. Each year, the publishers of Super Lawyers Magazine, undertake a rigorous multi-phase selection process that includes a statewide survey …