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The Weekly Scenario: Power of Attorney for an 18-Year-Old

This content has been archived. It may no longer be relevant Question: Would you advise that my 18-year-old going off to college this fall have a Power of Attorney? Answer:  A Power of Attorney is a legal document that allows one person (called the “principal”) to appoint someone else (called the “agent” or “attorney-in-fact”) to…

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The Gimme: SAM

  A contractor must annually update its SAM profile, and for each offer submitted to the Government the contractor must verify that the “reps and certs” in its SAM profile are current, accurate, complete, and applicable to the solicitation at issue as of the date of its offer.       If you have questions…

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So You Want To Sell Your Business? – Part 2

How to Prepare to Sell and Other Presale Considerations Read Part 1 Here You are past the expansion phase and now you want to cash out. What do you do? Before you put a “for sale” sign in the front yard and begin courting potential buyers, you would be best served to do presale planning….

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Friday Factoid Quiz: Famous Trade Secrets

Since the passage of the federal Defend Trade Secrets Act in 2016, there has been a significant increase in the number of federal suits filed with claims relating to trade secret misappropriation. In light of this development, test your knowledge of some of America’s most famous trade secrets. . [quiz-cat id=”61100″]   ABOUT JONATHAN WACHS…

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Construction Industry Alert: Avoiding Paid Sick Leave Claims

Employers involved in construction projects in Maryland and the District of Columbia have a new challenge: complying with state laws enacted in both jurisdictions that require employers to accrue paid sick leave hours for each employee. Under the Maryland Healthy Working Families Act, which went into effect this year, all companies that have 15 or…

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M&A Nugget: FinTech

The FinTech, or Financial Technology, industry is exploding. According to CB Insights, FinTech startups received $17.4 billion dollars in funding in 2016 and the acquisition of FinTech companies by banks has accelerated rapidly. What is FinTech? – it is basically a marriage of technology and finance. FinTech companies provide a broad spectrum of technological innovation…

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First Citizens Bank

First Citizens Bank celebrated the opening of its first Howard County branch, with a ribbon cutting at its Ellicott City location. Patrick Shurney, Lisa Novotny, and Cody Carbaugh will lead the office, which specializes in commercial lending. Leonardo McClarty, President and CEO of the Chamber, and Larry Twele, President and CEO of Howard County’s Economic…

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The #MeToo Movement: NYS and NYC Legislatures Say #YouMust to Employers

New York State and New York City have placed employers on the front line of the #MeToo movement, with legislation that broadens the scope of protection against both sexual harassment and sexual discrimination, as well as placing additional obligations on employers to combat sexual harassment. New York State In April 2018, the New York State…

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Franchise Facts: When Do I Need a Franchise Lawyer? Part Two

Click here for part one In my last post, I discussed the process of buying a franchise, and I explained that the process takes time. But when during that process should you consider hiring a franchise attorney? I get this question routinely, so I am sharing my thoughts here. The answer is that while a…

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Read Delete: United States of Tech Startups

Over the last 20 years, people have flocked from all over the world to Silicon Valley. It’s the epicenter of the tech boom, and a magnet that attracts talent, ideas, and capital to come together to create new things. Software mania has shifted the most important corporate addresses in the country from the streets of…

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