Built to Last: The Importance of Business Succession
March 30, 2011Building 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 …
Read MoreNew Tax Law Provides Greater Certainty in Business Tax Planning
March 30, 2011Until 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 …
Read MoreProfessional Liability Insurance: Are You Really Covered?
March 30, 2011An 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 …
Read MoreLock-Out Or Not, the Washington Redskins Lost
March 26, 2011Lock-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 …
Read MoreConstitutionality of Requiring Vaccines for School Children
March 24, 2011Yesterday 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 …
Read MoreBusiness Law: SBA Makes Changes to the 8(a) Business Development Program
March 14, 2011On 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 …
Read MoreBusiness Law: How To Work With Your Banker When Loan Default Looms
February 28, 2011Mark 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 …
Read MoreEstate Planning: Congress Increases Tax Exemptions and the Opportunity for People to Share Them
February 4, 2011Last 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 …
Read MoreWorst CEOs of 2010 – What Not To Do In 2011
January 24, 2011Tony 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 …
Read MoreBaltimore County Loses Appeal; Forced to Pay $700,000 Plus Interest in Breach of Contract Suite
January 12, 2011Baltimore 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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