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Read | Delete: Profit Squeeze on U.S. Corporate Earnings
This content has been archived. It may no longer be relevant America’s biggest companies logged a fourth straight quarter of shrinking profits and tepid sales, as weakness from energy companies and lower business investment more than offset U.S. consumer strength. Source: Wall Street Journal Got an interesting Fast Fact for a business audience? Please send…
M & A Nuggets: Indemnification – Let’s Get Specific No. 2
This next nugget drills down the specifics of an indemnification clause. As a reminder, the purpose of the clause is for the seller to indemnify, or reimburse, the purchaser for loss or damage. Exactly what event or occurrence should the seller indemnify the purchaser for? First, the seller should indemnify the purchaser of any inaccurate statements (representation…
A Green Card Through a Job Offer
One of the most important documents sought by people wishing to migrate permanently to the United States is the Green Card. Once it has been acquired it gives you the same rights as a permanent resident, which means you can work and live permanently in the country anywhere without restriction. One of the key ways…
Offit Kurman Cannabis Attorneys Featured in the Daily Record
Banks out of reach, Md. marijuana businesses eye unique solutions With state regulators next week revealing the recipients of the first round of licenses for growing and processing medical marijuana, one big question remains: Where does the money go? The federal government is still at odds with the 25 states and the District of Columbia…
Why Use an Outsourced Legal Department? -Part 5
Click here for Part 1, Part 2, Part 3, Part 4 Why should an organization consider using an outsourced legal department? This six-part series takes a look at some of the most compelling reasons to engage a third-party lawyer or team of lawyers to meet your legal needs. Reason #5 to Consider an Outsourced…
The Entrepreneur’s Lab Video Series: Advisory Board
“The Entrepreneur’s Lab,” a one-minute video series aimed at offering practical guidance and thought leadership to entrepreneurs and business owners. Videos are adapted from business law and transactions practice group chair, Michael N. Mercurio’s recurring segment every Tuesday night from 6–7pm on AHA! Business Radio, a show produced for WJZ (CBS Sports Radio 1300). Each installment of “The…
A Video Conversation with Graham Dodge, CEO of Sickweather- Part 4- On Their Growth
Click here for Part 1, Part 2, Part 3 Tapping into social networks to help individuals and their families forecast and avoid illness Graham Dodge is the CEO of Sickweather. Similar to the way meteorological radars scan for indications of inclement weather conditions, Sickweather draws from social network conversation in real time to generate a…
Friday Factoid: USPTO Provides Fast Track Status for Cancer Treatment-Related Applications
In July 2016 the USPTO launched its Patents for Patients program, which provides a fast-track review of cancer treatment-related patent applications without the need for an applicant to pay an additional fee. This program is designed to cut in half (to 12 months or less) the time it takes for the USPTO to process cancer…
The Weekly Scenario: Importance of an IRS Form 8971
Question: I am the beneficiary of my aunt’s estate. I received an IRS Form 8971 in the mail. What is the importance of this form? Answer: When you inherit assets, there should be a tax basis associated with the inherited asset for income tax purposes equal to the ‘fair market value’ of many of the…
How the FLSA Affects the Mortgage Industry
Recently, I heard in the news about a two million dollar settlement from a single business unit of large bank for minimum wage and overtime violations. On top of this, I’ve received several calls from clients on this very same issue in recent weeks. Loan officers, in particular, pose a high risk of triggering non-compliance…
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