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Friday Factoid: Who Owns the Copyright When a Monkey Takes Its Own Picture?
This content has been archived. It may no longer be relevantHuman creativity is required to create a copyright protected image. This concept was recently tested by wildlife photographer David Slater. Slater claimed he owned the copyright in a photograph taken of a macaque monkey by the monkey who stole the camera from Slater’s tent. Unfortunately…
Minimum Wage Increase Conundrums For Maryland Employers
In the last General Assembly Maryland joined many other states in increasing its minimum wage above federal levels. The State hike in hourly wages will be made gradually slowly edging up to $8 an hour on January 1, 2015 and $8.25 on July 1, 2015. After that point, the rate is increased in 50 cent…
Compensation and Compliance Matters: Here Come the Redlining Investigations
Following the City of Providence, the State of New York has filed the first of many promised lawsuits against lenders, accusing mortgage companies of redlining. Specifically, lenders are facing charges that they failed to lend in certain geographic areas that are racially or ethnically diverse. A current investigation the State of New York is now conducting targets…
Weekly Scenario: What is the difference between 401(k), 403(b) and 457 retirement plans?
Question: I learned recently about 401(k) retirement plans, but I am public school employee and have a 403(b) plan through my employer. Are there differences I should be aware of? I also heard of something called a 457 plan. Can you tell me what that is? Answer: Generally 403(b) plans are similar to 401(k) plans as both…
Read|Delete: Increase in Women-Owned Businesses
The United States continues to crawl out of its economic slump with women emerging as the key drivers in new business creation. This year’s OPEN State of Women-Owned Business report finds that an estimated 1,200 new businesses a day were started by women in the past year. That number is up from a previous 740…
How to Protect the Inheritance that your Children Will Receive from Divorce
One of the things that I’ve learned over the years, is that clients aren’t sure that their children are happily married. I, therefore, wasn’t surprised when a long-time client of mine indicated to me that she was concerned that her son, Bill, and her daughter-in-law, Hillary, would get divorced in the years to come; and…
Thirteen Offit Kurman Attorneys Named Best Lawyers 2015
Offit Kurman is pleased to announce that 13 of the firm’s attorneys have been named to the 2015 Best Lawyers in America® list. The list is based on over 5.5 million attorney peer reviews. The Offit Kurman attorneys who made the 2015 list are: Theodore A. Offit – Best Lawyer Since 2013 Ted Offit is…
Friday Factoid: Key Ruling Regarding Compensation For The Names, Images and Likenesses of NCAA Athletes
On August 8, 2014, a federal judge in California ruled the NCAA’s rules prohibiting athletes from being paid for use of their names, images and likeness violate antitrust laws because they constitute an unreasonable restraint on trade. Source: CBS Sports If you have any questions regarding the content of this communication, please contact Jonathan R. Wachs: jwachs@offitkurman.com…
Compensation and Compliance Matters August Round Up
This Month in Compensation and Compliance Matters Each week, labor and employment attorney Ari Karen writes about the latest hearings and litigation in the financial sector, and offers his viewpoint on diverse compliance and compensation matters. Whether you run a business, work for a financial institution, or are involved in an employment dispute, Mr. Karen…
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