A Partnership of Professional Corporations
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If you are seeking to grow your Maryland business, you may consider creating a merger and acquisition (M&A) strategy. Merging with or acquiring new businesses allows you to offer a greater range of products and services, grow your customer base and maximize your...
Indemnification clauses appear in many commercial contracts. Indemnification generally means one party compensating the other for losses or liabilities due to a third-party claim. The purpose of an indemnification clause is to allocate risk between the parties to the...
For Maryland business owners, especially in today’s highly litigious environment, they have likely heard of or thought of mandatory arbitration clauses. And, they may have thought, are mandatory arbitration clauses legal here? Yes. Under the Maryland Uniform...
Accusations that you’ve breached a contract can have tremendous consequences for your business. They can threaten your financial stability if judgment is entered against you, and a finding that you’ve neglected your contractual obligations can damage your reputation...
When you find yourself involved in a business dispute, you may decide to arbitrate before proceeding to litigation. Your business contract may also include a mandatory arbitration clause, requiring you to try arbitration. Arbitration is common in the business world,...
Fixed-price contracts often offer predictability for buyers and sellers. However, they do not automatically insulate companies from tariffs unless the agreement explicitly allocates responsibility for those costs. Tariffs, which are government-imposed fees on imported...
A strong partnership can steel your business against ever-changing market forces, giving you the expertise, stability and flexibility needed to succeed. Yet, partnerships can have their challenges. After all, those who run a partnership are human, each with their own...
Construction defects can be a homeowner’s nightmare, presenting a complex web of legal challenges that require careful navigation. Whether it's a leaky roof, cracking foundation, or faulty wiring, these defects can lead to significant financial and emotional distress....
When you are considering purchasing a business, you will go through the due diligence process. Conducting due diligence means gathering information to verify that a business is financially sound and identifying risks to ensure you are making the correct decision. The...
Businesses large and small rely on contracts to ensure their business grows, runs smoothly and maintains employees. Thus, when issues concerning a contract arises, it could have significant ramifications on the business. As such, it is important to understand the...