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Ingrained in the fabric of American Law is the notion that each party should be responsible for her own attorneys’ fees, regardless of the outcome. Although this may be true in most cases, there are … Read More

With the American economy limping along, a great deal of attention has been focused recently on the availability of credit. Borrowers complain that bankers aren’t making loans, and bankers complain that their willingness and ability … Read More

One of the most effective ways to protect a business owner’s personal assets is to operate the business through a corporation, LLC, limited partnership, or other limited liability entity (“LLE”). LLEs are considered “persons” under … Read More

One of the most common concerns that an owner of a closely-held business faces regarding business succession is liquidity. How can the future owners of the business, be they family or key employees, pay the … Read More

Most accountants are well aware of the accountant-client privilege in Maryland. By preventing disclosure of confidential communications, the privilege preserves an honest and open relationship between accountants and their clients. The privilege in Maryland is … Read More