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Business Law: Certain Tax Benefits and Business Arrangements Available Only if Spelled Out in the Governing Agreement
If you are a member of an LLC taxed as a partnership or a partner of a partnership, you may be able to revalue the property of the LLC or partnership upon the occurrence of certain events, but you must have certain provisions in your operating agreement or partnership agreement to do so. Such revaluation…
Read MoreIntellectual Property Law: Patent Trolls, The Intellectual Property Predators Trying to Take a Bite Out of Your Business
Stand guard against patent owners who acquire patents, and attempt to enforce them, for the sole purpose of extracting fees. You are not defenseless. A patent troll is usually a person or entity, often called a non-practicing business entity (NPE) that seeks to enforce patents against alleged infringers in an aggressive manner. Often the NPE…
Read MoreReal Estate Law: Muddled Notice Means a Longer Wait to Take Possession in Foreclosure
Landlords, tenants, and foreclosure purchasers are often confused about how long a tenant may reside at a property if the property is sold at a foreclosure sale. The answer depends on the timing of the lease, the mortgage, and the clarity of the notice provided to the tenant. Here, the construction and real estate attorneys…
Read MoreEmployment Law: You May Be Personally Liable for Unpaid Wages
A recent Maryland high-court decision has expanded liability under the Maryland Wage Payment and Collection Law (“Wage Payment Act”) to individual officers, directors, stockholders and supervisors who exert sufficient control over the employment relationship. In Campusano v. Lusitano Construction LLC, the Court of Special Appeals of Maryland discussed the “economic reality test”, which is historically…
Read MoreBusiness Law: Getting You Letters Worth in a Limited Liability Company
What Is an LLC? A limited liability company (LLC) does just that, it limits the liability of the business’s owners. This means that with limited exceptions, liability for the actions of the LLC can only be satisfied from the assets of the LLC. Personal holdings and assets of the individual owners and officers are protected…
Read MoreFirm Files Suit to Stop Unsavory Competition on Amazon.com
The Maryland Daily Record may have said it best in an article that stated “two companies could be headed for a high noon showdown in U.S. District Court over copyright infringement on engraved firearm parts.” In a federal lawsuit that made recent headlines in Maryland’s premier business and legal newspaper, Bowie & Jensen LLC is…
Read MoreLegalEase Newsletter Q2 April 2013
In case you missed our LegalEase E-newsletter from the second quarter, here is a link to the edition: http://conta.cc/10xjDhg
Read MoreConstruction Law: April Showers Bring May Delay Claims
The construction industry is getting ready to awake from winter hibernation. Longer daytime hours and warmer weather also marks the beginning on various construction projects, Unfortunately, Mother Nature does not always cooperate with even the best planned construction schedules. April showers bring May flowers, as well as delay claims. The construction industry must address the…
Read MoreEmployment Law: Top Employer Concerns for 2013
Many employers may be surprised to learn that their personnel policies and procedures may actually violate the National Labor Relations Act, especially if they operate in a union-free environment. Here are the top concerns employers should be made aware of in 2013. Employee Manual Language Under the National Labor Relations Act (NRLA), non-union employees have…
Read MoreA Detective for your Divorce
Bowie & Jensen Attorney Matthew G. Hjortsberg joins Private Investigator Jules Dorner as a special guest speaker at the upcoming Baltimore County Bar Association dinner event “Investigating Your Divorce Case by Private Investigator and Intercepting Emails.” The program, sponsored by the BCBA’s Family Law Committee, will focus on the mutually beneficial relationship between family law…
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