Forty years ago, the Supreme Court decided Chevron v. Natural Resources Defense, which gave deference to federal agencies to implement their charging statutes. In its latest term, the Court’s 6-3 decision in Loper Bright Enters. v. Raimondo overturned Chevron and dramatically altered the balance of power between federal agencies and…
After the enactment of the Tax Cuts and Jobs Act in 2017, the limitation on an individual’s ability to itemize tax deductions resulted in higher income tax for many Maryland business owners. On May 8, 2020, Maryland enacted legislation allowing pass through entities (primarily LLCs, partnerships and S corporations) to…
WeWork. WeLitigate. We Holdings LLC and We Company (collectively “WeWork”) is a privately held company that leases office space on a short-term basis. Following a failed IPO in 2019, the company was faced with a liquidity crisis. In response, the board of directors formed a special committee (the “Special Committee”) to…
The Statutory Right to Purchase Shareholder Stock in the Dissolution of a Close Corporation In Bartenfelder v. Bartenfelder, 248 Md. App. 213 (2020), the Court of Special Appeals considered whether a complaint by a stockholder in a close corporation seeking the appointment of a receiver triggers the right of another…
Marketing entrepreneurs’ greatest strengths are their creativity and vision. It is this vision that drives many to take the leap to start their own agency/consultancy or join a start-up venture to market an exciting new product. Unfortunately, most marketers are not well-versed in the intricate legal issues involved with starting…