When Bidding on Public Contracts in Maryland, Contractors Need to Remember That a Certified MBE’s Participation Only Counts Toward the Contract’s MBE Goals if the MBE is Identified as Performing a Commercially Useful Function for the Contract (Not for the Prime Contractor’s bottom line) In…
NEW THRESHOLDS IN EFFECT FOR EMPLOYEES TO BE CONSIDERED EXEMPT FROM MINIMUM WAGE AND OVERTIME REQUIREMENTS UNDER THE FAIR LABOR STANDARDS ACT As of January 1, 2020, changes to overtime pay regulations under The Fair Labor Standards Act (“FLSA”) went into effect for employees whose…
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…
A recent report released by the Office of Legislative Audits (OLA) found that during the 2012 calendar year, the Maryland Lottery and Gaming Control Agency (MLGCA) and the Governor’s Office of Minority Affairs (GOMA) had failed to set minority participation goals for construction and procurement…
Faith Harrison discusses the benefits and components of the limited liability company. For more informative videos discussing various legal topics, please visit our Media Center page.
This posting may appear to be outdated, after all, why would I be discussing a change in Maryland law that occurred three and a half years ago? The reason is because the rate of commercial real estate sales and purchases have decreased considerably over the past…
Signing a document as an owner or officer of a corporation binds the corporation but not the signator personally, right? Correct, IF the person signs as a representative of the business entity ONLY. However, if the document is signed in a personal capacity also, the individual…
Adam Harrison discusses the importance of preventative risk management during the economic recovery in the construction industry. For more informative videos discussing various legal topics, please visit our Media Center page.
Wal-Mart has disclosed plans to open four stores in Washington, D.C. in 2012. The stores will be the retail giant’s first presence in the District of Columbia, and are expected to range in size from 80,000 to 120,000 square feet. Initial projections estimate that the…
The Maryland State Department of Assessments and Taxation (SDAT) requires companies to file an Annual Report and Personal Property Tax Return each year. So, what’s the big deal if a company fails to file these documents? The company will no longer be considered in “good standing” according…
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