News & Insight

Built to Last: The Importance of Business Succession

March 30, 2011

Building a successful business can take much of a lifetime; passing it along to the next generation should not consume all the rest. Succession planning, especially if the intended successors are family members, is essential both for purposes of estate

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New Tax Law Provides Greater Certainty in Business Tax Planning

March 30, 2011

Until the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (the “Tax Relief Act of 2010”) became law on December 17, 2010, the fate of a number of existing tax relief provisions were unclear. In the waning

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Professional Liability Insurance: Are You Really Covered?

March 30, 2011

An interesting federal appeals court case affirms an insurance coverage rule that all businesses that carry professional liability insurance should know. Here, the qualified Maryland attorneys at Bowie & Jensen discuss items that you should look out for in your

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Lock-Out Or Not, the Washington Redskins Lost

March 26, 2011

Lock-out or not, the Washington Redskins lost today. In court. A federal appeals court upheld a decision that the team violated the Americans With Disabilities Act by not providing three individuals who are deaf or hearing-impaired, with access to the

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Constitutionality of Requiring Vaccines for School Children

March 24, 2011

Yesterday the United States Court of Appeals for the Fourth Circuit, which is the federal appeals court that has jurisdiction over federal courts in Maryland and other Mid-Atlantic states, upheld the constitutionality of a West Virginia law requiring all children

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Business Law: SBA Makes Changes to the 8(a) Business Development Program

March 14, 2011

On March 14, 2011, revisions to the U.S. Small Business Administration 8(a) Business Development Program become effective, marking the first time in 10 years that comprehensive changes will be made. The revisions include technical and substantive changes to ensure small

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Business Law: How To Work With Your Banker When Loan Default Looms

February 28, 2011

Mark T. Jensen, co-founder of Bowie & Jensen and head of the firm’s transaction department, gives tips for businesses struggling with loans Towson, MD: Mr. Jensen is a co-founder of Bowie & Jensen and leads the firm’s transactional department. He

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Estate Planning: Congress Increases Tax Exemptions and the Opportunity for People to Share Them

February 4, 2011

Last December Congress enacted estate tax legislation that substantially increases exemptions and the opportunity for married couples to share them. Unfortunately, the new law expires at the end of 2012, again creating uncertainty for estate tax planning beyond the near

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Worst CEOs of 2010 – What Not To Do In 2011

January 24, 2011

Tony Hayward of BP, Mark Hurd, CEO of HP and William Weldon of Johnson & Johnson have been identified by Sydney Finkelstein, Steven Roth Professor of Management at the Tuck School of Business at Dartmouth College, as the worst CEO’s

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Baltimore County Loses Appeal; Forced to Pay $700,000 Plus Interest in Breach of Contract Suite

January 12, 2011

Baltimore County Loses Appeal; Forced to Pay $700,000 Plus Interest in Breach of Contract Suit; Monetary award has been accruing interest at a rate of 10% as allowed by Maryland law. Today the Fourth Circuit Court of Appeals issued an

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