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Overview of Proposed Carried Interest Regulations Under Code Section 1061
This content has been archived. It may no longer be relevantBackground On July 31, 2020, Treasury and the IRS issued proposed regulations, REG-107213-18 (“Proposed Regulations”) under section (“Section”) 1061 of the Internal Revenue Code of 1986, as amended (“Code”) regarding taxing gain from certain carried interests held less than three years as short term capital gain…
Maryland Joins the Ranks of States Addressing Out-of-State Travel Amidst Rising COVID-19 Positivity Rates
On July 29, 2020, Governor Hogan issued a “Notice – Out of State Travel and Public Travel Advisory”, effective immediately, which shall remain in effect until the state of emergency in Maryland has been lifted and the proclamation of the catastrophic health emergency has been rescinded. Unlike other state travel advisories which are mandatory and…
EU Privacy Earthquake: Can U.S. Companies Comply With GDPR After “Schrems II”?
Every United States business that uses personal data of European data subjects would do well to revisit immediately its strategy for complying with European privacy law. On July 16, 2020, the Court of Justice of the European Union (“CJEU”) issued its decision in Data Protection Commission vs. Facebook Ireland, Max Schrems (Case C‑311/18) (“Schrems II”),…
Webinar Recording: Rebuilding Construction Coming Out of the Pandemic
WEBINAR HELD Tuesday, August 4th, 202012:00 p.m. – 1:00 p.m. Watch The Recording Join Offit Kurman attorneys Josh Quinter and Wojciech ‘Voytek’ Jackowski for a free webinar presentation on the changes in the construction industry as it emerges from the governmental restrictions imposed by various state and federal government entities during the COVID-19 pandemic. Josh and…
Read & Share: U.S. Economy Suffers Historic Slowdown Amid Pandemic
After 23 quarters of consecutive growth, the second quarter of 2020 has seen the steepest decline in the U.S. economy. According to the Bureau of Economic Analysis, “Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020, according to the “advance” estimate released by the Bureau…
Tuesdays with Todd: Retaliatory Eviction
Tuesdays with Todd is a weekly, one-minute, video series with tips and important information for the Maryland landlord and property manager. From instructions on filing non-payment to rent suits to steps you need to take to schedule an eviction, Todd puts the pieces together for you to help you be the most informed property manager or landlord.
Four Major Business Development Mistakes & How to Avoid Them
Business development is not rocket science, but it is easy to make some mistakes. Over the years, I have seen the best and the worst of them all, and I have noticed four very common mistakes that can be and should be avoided: 1. Increasing your network, instead of building meaningful relationships. If I could…
Even Amidst National Shutdowns and Layoffs, Offit Kurman Still Pursues Growth
Offit Kurman was recently named as one of the fastest growing law firms in America by the National Law Journal in the “NLJ 500.” The annual publication is a report on the 500 largest law firms in America. Offit Kurman was reported as being the second fastest growing firm in the nation – growing more…
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