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Member Articles


Power Trip: How to Resolve Power Abuse in a 50/50 Business Partnership

By: David Kay What can you as a business owner do to protect your business or maximize its value if you lack the voting power to control the business? Entrepreneurs enter into 50/50 ownership situations, or worse, for a ...

Lenders, Be Wary When Extending Credit on Rental Income Stream

By: Alison Rind A recent 7th U.S. Circuit Court of Appeals case reminds lenders that it is incumbent upon the lender to verify the income stream before extending credit based on rental income. In Wells Fargo Equipment ...

Perfect Your Security Interest By Filing Before A Closing

By: Michael Smith In most commercial loan transactions, a lender will secure a loan by filing a Uniform Commercial Code (UCC) financing statement to perfect its security interest in the borrower’s personal property. ...

Sublet v. State: It is what it is or is it?

By: Brad McCullough One of the more ubiquitous idiomatic phrases used in recent years has been, “It is what it is.” In three consolidated cases decided last month by the Court of Appeals of Maryland, the Court turne ...

Maryland Court Rules Letter of Intent is Binding Even if Parties do not Wish to be Bound

By: Ann Marie Mehlert The highest court in Maryland recently found that a letter of intent was binding on the parties even though the parties were unable to agree to the terms of the lease based on the letter of intent. ...

Key Maryland Land Use & Zoning Updates You Should Know

By: Patricia A. Harris   Bethesda CBD Sector Plan The Planning Staff is tentatively scheduled to present the Staff Draft of the Bethesda Sector Plan to the Planning Board on May 21, 2015. The Staff Draft will shed li ...

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