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The Benefits of Peer Advisory Groups
This content has been archived. It may no longer be relevantAs a business owner or senior level executive, who do you turn to when you have a question, problem, or concern? You are supposed to be the authority in your company, but you can’t possible know everything. So what do you do? The answer can…
The Three Types of Buy-Sell Agreements
A few months ago, we answered the question “What is a Buy-Sell Agreement?” In that blog, we briefly outlined the Three Types of Buy-Sell Agreements: the Cross Purchase Agreement, the Redemption Agreement, and the Hybrid Agreement. Today, we are going to take a more in-depth look at each type of Buy-Sell Agreement. The Three Types…
Game of Thrones Finale sets Record for Most Illegal Downloads
HBO has roughly 5.4 million subscribers. However, many more than 5.4 million people have seen last season’s Game of Thrones finale. How? Illegal Downloads. But this is nothing new for Game of Thrones, which hit 4.28 million downloads with one episode in 2012, topping all other pirated shows, according to TorrentFreak. This record has since…
The Weekly Scenario from Steve Shane – 9.30.13
Question: My parents are not particularly wealthy, but they have a number of items that have significant sentimental value (as opposed to real value). How do we deal with the disposition of these items now in a way that mitigates the conflict down the road when they both pass away? Answer: So called ‘tangible personal…
Friday Factoid – 9.27.13
In July 2013, the U.S. Commerce Department’s Internet Policy Task Force issued a major green paper on copyright issues in the digital economy. This report discusses ways to balance economic growth and enforce copyright laws online. To view a copy of this document, click on the link below. Source: http://www.uspto.gov/news/publications/copyrightgreenpaper.pdf
A Franchise Lawyer’s Perspective: Six Myths of Franchising
By Brian A. Loffredo, Esq. Franchising is here to stay. From fast food to home health care, there are few business sectors devoid of franchised concepts. However, while the idea of franchising is well-known, there are widespread misconceptions about the relationship between franchisors and franchisees. Set forth below are six myths of franchising for potential…
Condo Leasing Question/Answer
Question: I recently purchased a condominium unit. After moving in, I noticed that a few units are being rented and no one seems to know much about the tenants. Is it reasonable or legal to require all adult tenants to provide proof of their identification to the homeowners’ association board or its management firm? My…
Crowdfunding is coming…so we’re told.
Ever since President Obama signed the 2012 JOBS Act into law, we’ve been waiting for the SEC to publish crowdfunding rules to implement the law. We’re still waiting, but the SEC has loosened the reins a little bit by lifting the ban on general solicitation. Now, if you are looking to raise money for your…
Offit Kurman represents Summit Solutions, LLC in its acquisition by National Security Partners, LLC.
In January 2012, Offit Kurman business law and transactions attorney Michael N. Mercurio served as legal counsel to Summit Solutions, LLC – a woman owned, veteran owned small business providing strategic planning, cybersecurity and intelligence systems engineering services to the federal government – in its acquisition by National Security Partners(NSP), LLC. NSP is a service…
Is Marital Property Divided 50/50 Upon Divorce In Maryland?
Is marital property divided 50/50 upon divorce in Maryland? Not automatically. The law in Maryland provides that, after the court considers a number of statutory factors, the court is to make “an adjustment of the equities and rights of the parties concerning marital property.” Family Law Article Section 8-205(a). While a 50/50 division of marital…
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