Articles

Under Maryland’s “corporate opportunity doctrine”, if a director becomes aware of a business opportunity that could benefit the corporation, he is obligated to present that opportunity to the board. The board must be given a right of first refusal

Practical advice for employers when it comes to terminating employees for misconduct. Our turbulent economic times, together with what many believe is a strongly pro-employee process, often make it difficult for an employer to win an unemployment

“Unless someone like you cares a whole awful lot, nothing is going to get better. It's not.” No one could state the obvious better than… Dr. Seuss! So, what does he mean? Perhaps William James added some explanation by saying “act like what

The deal is done? Maybe. The “fiscal cliff” was avoided? Perhaps. Will “estate planning” no longer be an oxymoron? Yes! The American Taxpayer Relief Act of 2012 (“ATRA”), with broad bipartisan support, was finally passed by Congress in the

On August 21, 2012, the Maryland Court of Appeals affirmed its April 26, 2012 ruling in Tracey v. Solesky, No. 53, September Term, 2011, (the “Pit Bull Case”). In its revised opinion, the Court deleted all references to cross-bred pit bulls and

A healthy employer and employee relationship is key to a productive work environment. By annually updating your policies and handbooks, you will maintain consistency, employee accountability and legal compliance with the ever-evolving employment

During the 2012 legislative session the Maryland General Assembly made a number of changes to the Maryland Limited Liability Company Act (the “LLC Act”) that will be of interest to lenders and their counsel. These changes became effective October

Taxmageddon is coming. This is the rather clever term being used to describe the impact of Congress’ apparent inability to address the self-created deadline of December 31, 2012, when all of the so-called “Bush Tax Cuts” from 2001 are sunsetted,

Maryland’s legislature has been busy in both its regular and special sessions and some new laws went into effect in June and July that will be of interest to businesses and lenders. 1. Tax on Indemnity Deeds of Trust. Traditionally,

America is admired around the world because it strives to follow the rule of law. When an American business enters into a contract in the United States, they know that that they have recourse to the most sophisticated legal system in the world

On April 26, 2012, the Maryland Court of Appeals, the highest court in the State of Maryland, issued its opinion in the case of Tracey v. Solesky, No. 53,