Vermont Business Magazine The Vermont Attorney General and 12 other state attorneys general sent a letter today to the leaders of the U.S. House of Representatives Subcommittee on Environment and the Economy objecting to a provision in proposed legislation amending the federal Toxic Substances Control Act of 1976 (TSCA) that would strip states of the power to protect their citizens and the environment from dangerous chemicals.
by Walter Judge, Jr Vermont Attorney General William Sorrell has won a major victory in his groundbreaking effort to use state law to crack down on “patent trolls.” In State of Vermont v. MPHJ, LLC, the Vermont federal court has rejected the preliminary bid of MPHJ, an alleged “patent troll,” to avoid facing possible liability under Vermont consumer protection law.
Vermont Business Magazine Governor Peter Shumlin today signed new legislation passed in the State Legislature updating Vermont’s captive law, amending the reciprocal insurer section and creating a new “dormant” status for captives. The dormant status establishes an efficient mechanism for a captive that has ceased insurance operations to cost-effectively retain its license should it elect to resume operations in the future. The law takes effect immediately.
In the first quarter of 2014, the Vermont Community Loan Fund (VCLF) loaned $907,500 to Vermont's small businesses, developers of affordable housing and child care programs. The loans have resulted in the creation and preservation of local jobs, affordable homes, and quality early care and education for Vermont children.