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The Trend of Solo Practitioners Joining Larger Firms
This content has been archived. It may no longer be relevantAs an attorney for more than 35 years, I have seen many solo practices come and go. Many young attorneys believe that the easiest way to begin a practice is to start their own. However, after several years, they often experience a series of headaches…
The Weekly Scenario: How Many Rollovers are you Allowed Per Year on Individual IRA’s?
Question: Am I permitted more than one (60 day) rollover per year from my Individual Retirement Account (IRA)? Answer: There has been a rule change starting next year. Beginning January 1, 2015, an owner of an IRA will be allowed only one 60-day rollover per 12 month period (regardless of how many IRAs they own)….
Construction Payment Bonds: A Pot of Gold at the End of a Treacherous Rainbow
For those who are not paid for their work on a construction project, a payment bond represents a welcomed pot of gold at the end of the rainbow. However, extracting money from a surety, the issuer of the payment bond, is never simple. Sureties typically do not simply issue checks whenever a claim is made….
Can HOA board members profit from insider deals? How do we deal with secretive HOA boards?
Q: The president of our homeowners’ association tells us it’s illegal to disclose names of owners who are delinquent in payment of assessments. Is this correct? He and others have profited from their knowledge of delinquencies by buying lots for low prices without notice to other HOA members who might buy them. A: The answer to the…
Firefighters in Emmaus can Vote to Unionize
Offit Kurman attorney Neil A. Morris, Chair of Philadelphia Labor and Employment Practice, was requested by the media for comment on an important labor matter. Firefighters belonging to the Emmaus Fire Department located in the Lehigh Valley, Pennsylvania are now considered to be employees rather than simply volunteers. This gives them the right to vote…
Compensation and Compliance Matters: CFPB Disregards Employment Classification to Find Kickbacks
Last week the Consumer Financial Protection Bureau announced another enforcement action aimed at “kickbacks” prohibited by the Real Estate Settlement Procedures Act. This time, it was a title company that had received referrals of title business from independent sales agents. What is particularly interesting about the CFPB’s actions in this case, are that it recognized…
Read|Delete: Adidas vs. Nike For The World Cup
Nike is now the largest sportswear company in the world, with $25 billion in revenue and 17 percent market share. The second-largest, Germany-based Adidas, has $20 billion in revenue and 12 percent of the market. Combined they comprise 70 percent of the soccer gear market. Soccer was always Adidas’ market but Nike is closing in….
The clock can run out on HOAs’ ability to sue for defective work
Note: This is part two in a two-part series about condominium and HOA construction defects by my colleague Gregory L. Shelton, who practices construction law at Horack, Talley, Pharr & Lowndes, P.A. This first part covered common defects and their consequences. Now Greg explains how legal time limits can prevent the association or its owners from suing the parties…
Kurman Appointed to UMD Law Board
Howard Kurman, a labor relations and employment law attorney and co-founder of the firm of Offit Kurman, has been appointed to the Board of Visitors of the University of Maryland Francis King Carey School of Law. “I am honored and privileged to have received this appointment,” said Kurman. “After practicing law for more than 35…
Friday Factoid: Founding Fathers
Several of our nation’s Founding Fathers were also well-recognized inventors. Some of their inventions include a 16 sided threshing barn (George Washington), bifocals and the lighting rod (Benjamin Franklin) and the cipher wheel (Thomas Jefferson). Source: Forbes If you have any questions regarding the content of this communication, please contact Jonathan R. Wachs: jwachs@offitkurman.com | 301.575.0302If you…