Arthurdale is an unincorporated community in Preston County, West Virginia, United States. Arthurdale was named for Richard Arthur, former owner of the land on which it was built, who had sold the land to the federal government under a tax default. Arthurdale was the first of many New Deal planned communities established under Franklin D. Roosevelt's administration. It was intended to take impoverished laborers, farmers, and coal miners and move them to a modern rural community that would allow them to become economically self-sufficient. The idea for such a self-sufficient community originated when Eleanor Roosevelt learned through her friend, Lorena Hickok, of a plan to relocate a group of West Virginia coal miners to a nearby farm with the intention that they could combine subsistence farming with simple industries to reclaim their economic footing. Mrs. Roosevelt was so passionate about the concept that she brought it to the attention of her husband, who decided to place the project under the direction of the United States Department of the Interior.

Mergers And Acquisitions Law Lawyers In Arthurdale West Virginia

Advertisement

What is mergers and acquisitions law?

In the law of corporations, a merger is effected when one or more corporations becomes a part of, or merges, with another corporation so that one ceases to exist and the other continues to exist. In a merger, the company that continues to exist retains its name and identity and acquires the assets, liabilities, franchises, and powers of the corporation that ceases to exist. Attorneys who practice in mergers and acquisitions (sometimes called M & A) represent corporations and other business entities in strategizing, negotiating, and carrying out transactions in which two or more companies or corporations combine into a single new entity, a merger, or where one business purchases and absorbs the assets of another, an acquisition.