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Offit Kurman Attorneys At Law Names Three New Principals

This content has been archived. It may no longer be relevant Offit Kurman is pleased to announce that Frances C. Wilburn,Russell B. Berger, and Sandra A. Brooks have been promoted from Associate to Principal level status at the firm. Their new positions become effective today, July 1st, 2015.Frances Wilburn is a bankruptcy attorney and commercial litigatorwhose…

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The Weekly Scenario: Supreme Court Ruling on a Maryland Tax Case

Question: I’ve heard that there was a recent Supreme Court ruling based on a Maryland tax case and I was curious what it was about. Answer: The case, Comptroller of the Treasury of Maryland vs. Wynne, involved taxpayers who were Maryland residents but earned a large portion of their income outside of the state of…

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Read | Delete: Let’s Hear It For The Ladies!

A new report entitled, The State of Women-Owned Businesses, 2014, commissioned by American Express Open includes some interesting data. Women-owned businesses continue to form at an amazing rate – 1,200 new businesses per DAY compared to 740 in the prior year. Maryland, Virginia, and DC are all in the Top 10 States for women-owned businesses….

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A Video Conversation with Burck Smith, CEO of StraighterLine

Shortening the distance between students and degrees through low-cost, guaranteed pathways to accredited programs Burck Smith is the CEO and founder of StraighterLine, an education company headquartered in Baltimore, MD. StraighterLine partners with accredited institutions to offer students high quality online courses at a fraction of the cost of a traditional degree. Students choose their…

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Compensation and Compliance Matters: How Disparate Impact Ruling Affects Lenders’ Daily Operations

The Supreme Court’s recent ruling that the disparate impact theory of liability can be applied to the Fair Housing Act means mortgage lenders must be even more vigilant in their ongoing testing and evaluation of business practices that could be interpreted as even unintentional discrimination. Among other things, the Fair Housing Act makes it illegal…

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Offit Kurman Co-Founder Ted Offit Video On Business Warranties & Life After Selling

Preparing to sell your business? Theodore “Ted” Offit, co-founder of Offit Kurman, offers advice you cannot afford to ignore. In this excerpt from his recent appearance at the Ravens locker room at M&T Bank Stadium, Ted describes the warranties a seller will be expected to provide when given full purchase price for the sale of their…

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Feds Propose Update to Double Minimum Salary Requirements for White Collar Workers

On June 30, 2015, the Wage and Hour Division of the federal Department of Labor (DOL) issued proposed rules and requests for comments regarding, among other things, the minimum salaries paid to “white collar” employees.  Currently, to be exempt from overtime under the Fair Labor Standards Act, employees must meet certain minimum tests related to…

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Biz Tek Today: Non-Profit Businesses

Most people incorrectly view non-profits as not businesses and no money. Yet there are many highly sophisticated and successful businesses that are non-profits. The article below on lessons to learn from non-profit businesses is spot on. Non-profits must hone their message, refine their value propositions and zero in on their constituents to survive. And the…

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Friday Factoid: Creative Ice Cream Flavors – Yummy or Yucky?

Ice cream shops across the country display their inventive spirit by introducing new ice cream flavors during the summer. Some of the most unique flavors on sale in recent years include Garlic, Bone Marrow with Smoked Cherries, Maple Hickory, Nova Lox, Mustard, Avocado and Foie Gras. Sources: Time If you have any questions regarding the content…

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A Video Conversation with Nick Miller, CEO and Co-founder of Parking Panda

Changing how drivers and travelers find and reserve parking nationwide Nick Miller is the co-founder and CEO of Parking Panda, a parking directory and reservation service. Parking Panda allows users to find, reserve, and pay for parking in over 40 cities and airports across the U.S. The app has been featured in the Wall Street Journal,…

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