Dear ,
Welcome to our first 2013 issue of Off the Record. This is the beginning of an exciting year for Davis, Agnor, Rapaport & Skalny, LLC, as we today celebrate our 10th anniversary. Our firm has enjoyed continued growth and community recognition, and we thank you for your part in our success. We have lots of useful information to share in this issue, as well as some updates regarding our office expansion and renovation. We hope you enjoy the newsletter! |
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Legal Insights
Articles from Our Various Practice Areas
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Do Members of LLC's Owe any Duty of Loyalty to their Company?
Under Maryland's "corporate opportunity doctrine", if a director becomes aware of a business opportunity that could benefit the corporation, he is obligated to present that opportunity to the board.
The board must be given a right of first refusal to pursue the opportunity before the director can pursue it for his own benefit. Doing otherwise would be a conflict of interest and could subject the director to a lawsuit for breach of fiduciary duty.
But does the corporate opportunity doctrine extend to limited liability companies (LLC's)? Read more |
Family Values: Making Charitable Giving a Part of Your Estate Plan |
"Unless someone like you cares a whole awful lot, nothing is going to get better. It's not." No one could state the obvious better than... Dr. Seuss! So, what does he mean?
Perhaps William James added some explanation by saying "act like what you do makes a difference; it does."
Charitable giving makes a difference. It enables changes for the better. And, when charitable giving is a core value for you, it is a gift you should share with your family every chance you get.
Should charitable giving be a part of your estate plan? Should gifts be considered for your college, your religious institution, or one of your community's non-profit organizations? How would incorporating such gifts help in your estate planning process? Read more. |
Maryland Division of Unemployment Insurance Cases Based Upon Employee Misconduct Can Be Won
Practical advice for employers when it comes to terminating employees for misconduct.
Our turbulent economic times, together with what many believe is a strongly pro-employee process, often make it difficult for an employer to win an unemployment insurance hearing. This can be extremely frustrating for an employer when the employee has failed to adequately perform his duties and was terminated for cause.
There are, however, some practical ways an employer can terminate an employee for misconduct and increase its chances of winning at such a hearing. Read more about steps employers can take regarding this matter.
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