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Compensation and Compliance Matters: Why MSAs Are More Trouble Than They’re Worth
This content has been archived. It may no longer be relevantThe guidance that the Consumer Financial Protection Bureau issued recently on marketing services agreements is fuzzy, at best. Because the bureau has “grave concerns” about MSAs, and are watching lenders’ compliance closely, the strategy should be undertaken with only the most rigorous planning, documentation and…
Telebriefs®: Unpaid Interships
Taking effect on October 1st, a new Maryland law basically states that in order to employ or engage an unpaid intern the employer and the intern in Maryland must agree that the intern will not be entitled to wages for any work that the intern performs, and that essentially the work that the intern is…
Friday Factoid: Change to Procedure for Enforcing Copyrights Online
A federal Court of Appeals recently held that a copyright holder must first consider whether a posting based on its protected work constitutes a “fair use” (and is therefore permitted) before it sends a takedown notice to sites such as YouTube. This decision will likely change the landscape for the online enforcement of copyrights. Source: Court…
Offit Kurman Attorney Herb Fineburg Presents The 11th-Hour Estate Plan
Herb Fineburg, shareholder and managing principal of Offit Kurman’s Philadelphia office, presented with Joe Romano, executive director of Morgan Stanley’s Wealth Planning Center, for the Philadelphia Exit Planning Exchange monthly meeting. Fineburg and Romano presented “The 11th-Hour Estate Plan,” discussing the common questions, concerns and mistakes made when planning at the last minute before the sale…
Offit Kurman Attorney Dave Severn Represents Client in Front of Frederick County Council On Where Medical Marijuana Should Be Grown
The Frederick County Council had questions for staff Tuesday about where and why current zoning laws would allow medical marijuana to be grown. The council is looking at whether to let companies receive state licenses to grow the plant on agricultural property in the county. After discussing the topic for about an hour Tuesday, the…
The Weekly Scenario: Can my IRA own gold bullion?
Question: Can my IRA own gold bullion? Answer: Yes, IRAs are generally pretty flexible when it comes to investments they can hold. IRAs can own virtually anything other than life insurance, S Corp stock and collectibles. By collectibles, this means coins and metals (including gold), but the tax code provides for an exception for Treasury…
Lessons for Businesses of All Sizes to be Learned from GM Ignition Switch Debacle
As with many stories in the news, the coverage of the initial allegations of wrongdoing is easy to understand but the later resolution is more complicated and harder to follow. As an attorney who regularly advises businesses of all sizes, I believe there are some important lessons that must be learned from the failure of…
A Video Conversation with Rob Wray, CEO of Whitebox
ETC: Investing in Baltimore’s innovative, emerging technology companies and entrepreneurs Robert Wray is the CEO and founder of Whitebox, an ecommerce automation and fulfillment service. Rob is also the founder of Innovative Technology, a technology consulting and repair business, as well as the co-founder and president of Mp3Car, an online vehicle computing resource. Citybizlist interviewed…
Law Matters: October 2015
Welcome to Law Matters, Offit Kurman’s monthly newsletter. Here you will find the latest articles on diverse legal topics written by our team of attorneys, as well as interviews and conversations with CEOs and decision-makers, news and events from the firm, videos, and other exclusive thought leadership content. Features, videos and topics in this month’s…
Why Use an Outsourced Legal Department?
For organizations around the world, outsourcing various functions and departments has become an ordinary part of doing business. Legal services are no exception. In fact, according to Deloitte’s 2014 Global Outsourcing and Insourcing Survey, nearly two-thirds (65%–67%) of organizations everywhere outsource legal opinions and counsel, and even more respondents (15%–23%) said they planned to do…
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