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Biz Tek Today: Millennials & Entrepreneurship
This content has been archived. It may no longer be relevant Are Millennials not as inclined for entrepreneurship as other generations (see the article below)? The author provides some thoughts as to why it appears Millennials are not as entrepreneurial. For me, I don’t know whether or not Millennials are…
Friday Factoid: Happy Birthday Song in the Public Domain
In the wake of the recent $14 million settlement which placed the Happy Birthday song in the public domain, law suits were recently filed regarding the copyright status of Woody Guthie’s song, This Land is Your Land, and the civil rights anthem, We Shall Overcome. In addition to the issue of copyright royalties, these cases…
The Advantages of a Separation Agreement
In my practice, I frequently get asked by clients if they can file for a “legal separation” from their spouse. Unfortunately, Maryland does not recognize a “legal separation” as a marital status—you are either married or divorced. The closest thing to a “legal separation” is to have a binding contract—called a Separation Agreement—that resolves all…
M&A FAQs: How Much Does M&A Cost?
If you’re considering selling your business, you may find it extraordinarily difficult—if not impossible—to estimate the fees you’ll pay your attorney, accountant, banker, and anyone else involved in the sale. That’s because there is really no certain way of knowing during the early stages of an M&A transaction. Just as every business is unique, there’s…
Life after Divorce: Becoming a Stepparent
Nothing in life prepares an adult or a child for the stepparent relationship. Approaches to the role of a stepparent vary greatly. Some take the view that a stepparent should be as involved as the parent, and others take the position that a stepparent should operate at arm’s length. Negotiating the relationship between a stepparent…
To Correct Or Not To Correct: A Survival Guide to the IRS Pension Plan Correction Minefield
Despite the best intentions of the various players in the qualified pension plan drama, including Plan Sponsors, Plan Administrators, and Trustees, it is inevitable that an employer or plan will discover at some point that it is out of compliance. This will occur in several ways. First, the parties charged with running a Plan will…
Read | Delete: Profit Squeeze on U.S. Corporate Earnings
America’s biggest companies logged a fourth straight quarter of shrinking profits and tepid sales, as weakness from energy companies and lower business investment more than offset U.S. consumer strength. Source: Wall Street Journal Got an interesting Fast Fact for a business audience? Please send and share it with our 1,653 subscribers. Click here to subscribe to…
M & A Nuggets: Indemnification – Let’s Get Specific No. 2
This next nugget drills down the specifics of an indemnification clause. As a reminder, the purpose of the clause is for the seller to indemnify, or reimburse, the purchaser for loss or damage. Exactly what event or occurrence should the seller indemnify the purchaser for? First, the seller should indemnify the purchaser of any inaccurate statements (representation…
A Green Card Through a Job Offer
One of the most important documents sought by people wishing to migrate permanently to the United States is the Green Card. Once it has been acquired it gives you the same rights as a permanent resident, which means you can work and live permanently in the country anywhere without restriction. One of the key ways…
Offit Kurman Cannabis Attorneys Featured in the Daily Record
Banks out of reach, Md. marijuana businesses eye unique solutions With state regulators next week revealing the recipients of the first round of licenses for growing and processing medical marijuana, one big question remains: Where does the money go? The federal government is still at odds with the 25 states and the District of Columbia…
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