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Compensation and Compliance Matters: CFPB Gets Serious on Loan Officer Comp
This content has been archived. It may no longer be relevant For years, many have been asking when the Consumer Financial Protection Bureau was going to get aggressive when it comes to pursuing lenders it believes skirted the loan officer compensation rules. It appears that time is now. Two lenders recently have settled claims they violated the…
Friday Factoid: Father’s Day-Related Design Patent
Patents issued by the USPTO may protect a product’s design instead of its functionality. The USPTO previously issued a design patent regarding an ornamental design for a “daddy saddle” to be used by children when riding on the backs of their fathers. Sources: United States Design Patent If you have any questions regarding the content…
A Conversation with Rick Miller, President and CEO of Woodsboro Bank
Rick Miller is the president and CEO of Woodsboro Bank, a community bank based in Frederick County, Maryland. With seven branches throughout the region, Woodsboro Bank offers customers products and services commensurate with those of national financial institutions, including online and mobile checking. The bank’s lending office in downtown Frederick serves the needs of local…
The Risks of Investing in Other Players’ Action
The long-thriving underground futures market of poker is on the cusp of going mainstream with operations like YouStake.com now promising delivery of a seemingly-credible mechanism for players and fans alike to invest in the action of others, and perhaps it is merely disreputable anecdote, but as this year’s World Series of Poker gets underway, the…
The Weekly Scenario: Financial Power of Attorney
Question: Should I designate more than one agent in my Financial Power of Attorney? Answer: You may appoint more than one agent on your power of attorney and it is fairly common to do so. By appointing multiple agents, the individuals you appoint will need to share the responsibility and divide up the tasks to be done….
Offit Kurman Continues To Grow In Frederick MD
Welcomes Two More Attorneys To The Frederick Office Offit Kurman is pleased to welcome Tracie Clabaugh and Keith Schiszik to the firm. Ms. Clabaugh and Mr. Schiszik join the six attorneys based out of Offit Kurman’s offices at 50 Carroll Creek Way, Suite 340, in Frederick, Maryland. Click here to read the entire press release….
How Gaming Wins and Losses Can Impact Your Tax Obligations
“Render therefore unto Caesar the things which are Caesar’s.” Except, of course, for those things you lost to Caesar in his Las Vegas palace or Atlantic City resort. Taxes – the less morbid of those two certainties that permeate the world in which we live – are a subject of such appreciable complexity that reformation…
Third Circuit Defines Contours of Overtime Requirement in the Transportation Sector
In a recent pair of decisions, the Court of Appeals for the Third Circuit (which circuit includes Delaware, New Jersey, and Pennsylvania) expounded upon the contours of an important exception to the overtime mandate relevant to the transportation industry. Specifically, the court held that bus drivers employed by transportation companies regulated under the Motor Carrier Act…
Bankruptcy Preference Demand Video: Defenses – Part 2
What happens when a company that owes you money goes bankrupt? And how should you respond when that company claims the reverse, and threatens you with a lawsuit if you refuse to return whatever payment they have made? In this video series, Offit Kurman business law and transaction attorney Glenn D. Solomon explains how and why some…
Read | Delete: Branding Your Business
Your brand is what people say about you when you are not in the room. —Jeff Bezos, Amazon.com founder http://youtu.be/gxQS7jFWUc4 Bill Borrelle, senior vice president of brand strategy at Pitney Bowes, says branding “starts with knowing who you are and what you do” and continues with being able to tell your story succinctly. He says…
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