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Business Law

Dec 22
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Employment Law Roundup (2020)

By Skyler Santomartino Business Law

This year, a variety of important revisions were made to employment laws at both the Federal and State of Maryland levels.  It is critical that employers take notice of these changes to ensure that they are in compliance with the applicable requirements. Revisions to the…

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Sep 25
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Understanding the Concept of Successor Liability

By Skyler Santomartino Business Law

When two businesses engage in a transfer of assets, the transferee (the “successor”) should be mindful of the fact that under certain narrow circumstances, it may inherit the liabilities of the transferor (the “predecessor”). As a general rule, a company that acquires only the assets…

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Jan 09
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Why is a Non-Binding Letter of Intent Important in a Transaction?

By Faith E. Harrison Business Law, Commercial Law, Construction Law No Comments

Once a buyer and seller have finished their preliminary discussions on the terms of a purchase and sale of a business or real property, they will usually draft and sign a Letter of Intent (LOI) which describes the basic terms of the transaction.  Clients have…

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Feb 13
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Maryland’s 2018 Paid Sick and Safe Leave Law

By Faith E. Harrison Business Law, Employment Law

Under the Maryland Healthy Working Families Act (aka “Maryland’s paid sick and safe leave law”) passed on January 12, 2018, all Maryland businesses with 15 or more employees (including part-time, seasonal and temporary employees regularly working a minimum of 12 hours per week and calculated…

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Jan 03
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Important Changes to Pay Provisions Under the Fair Labor Standards Act Put on Hold

By Faith E. Harrison Business Law, Employment Law

On December 1, 2016, changes to certain overtime pay regulations under The Fair Labor Standards Act (“FLSA”) were to go into effect.  Based on a federal judge’s ruling, those changes have been put on hold for the time being, as the judge ruled that the…

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Mar 20
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What Does “(Seal)” Next to Your Name Mean?

By Harrison Law Group Business Law, Construction Law

At some point you may have been asked to sign a contract that has a signature block similar to the one below:    XYZ Subcontractor, LLC:                    ________________________(Seal)  John Doe, President  ________________________  Print Name and Title  ________________________  Date   It’s such a small detail that most…

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Jan 20
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Record Retention Requirements Under Federal, State, and District of Columbia Law

By Harrison Law Group Business Law, Employment Law

Listed in the tables below are company record retention requirements on the federal and state level for the mid-atlantic region.  Each table breaks down which documents are to be retained, how long employers are required to retain those documents, and under what basis according to…

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May 28
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Recent Maryland Legislation on Indemnity Deeds of Trust (IDOTs)

By Faith E. Harrison Business Law

What is an IDOT?  In connection with the borrower of money receiving a loan, a lender (e.g., a bank) will usually require security to ensure repayment of the loan.  Often, a third party (guarantor) will provide that security in the form of an indemnity deed…

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Jun 04
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Maryland's Changed Approach to Recordation Tax for Imdemnity Deed of Trust (IDOT)

By Faith E. Harrison Business Law

An Indemnity Deed of Trust, or IDOT, is an instrument whereby the guarantor of a loan grants a security interest in real property (the IDOT) to secure a loan from a lender to a different party, the borrower. Under this arrangement, the guarantor must not…

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Sep 13
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Employment Law: New Posting Requirement of Employee Rights under NLRA – [VIDEO]

By Faith E. Harrison Business Law, Employment Law

  Faith Harrison briefly discusses the recent National Labor Relations Board’s ruling, and what is required of employers.       For more informative videos discussing various legal topics, please visit our Media Center page.

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    • Adam C. Harrison
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