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Archive by tag: Rosenberg Martin Greenberg LLPReturn

My Deal Was Approved By High-Ranking Government Officials; How Can I Not Have a Binding Contract?

Parties entering into contracts with corporations, limited liability companies, and other legal entities often require proof, in the form of resolutions by the board of directors or members authorizing an identified officer to sign the contract on...By: Rosenberg Martin Greenberg LLP
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Key Tax Extensions for Real Estate Developers

The Department of Treasury and the Internal Revenue Service (the “IRS”) have issued IRS Notice 2020-23 (the “Notice”), which extends several deadlines that fall between April 1, 2020 and July 15, 2020. The IRS has changed the deadlines referenced in...By: Rosenberg Martin Greenberg LLP
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COVID-19 Updates: MAC Clauses

Invoking MAC Clauses During the Pandemic - Although Material Adverse Change (“MAC”) clauses are quite prevalent in loan and financing documents, there is very little case law in Maryland dealing with the successful or unsuccessful enforcement of...By: Rosenberg Martin Greenberg LLP
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Final Overtime Rule Announced

On September 24, 2019, the U.S. Department of Labor announced the Final Overtime Rule which will go into effect January 1, 2020.  The Overtime Rule changes the eligibility requirements for executive, professional and administrative exemptions from...By: Rosenberg Martin Greenberg LLP
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Baltimore County Gets Ready for 2020 Comprehensive Zoning Map Process

In September 2019, Baltimore county will kick off the Comprehensive Zoning Map Process (“CZMP”).  The CZMP is the quadrennial process through which Baltimore County redraws its zoning maps.  Every four years, the Baltimore County Council, in...By: Rosenberg Martin Greenberg LLP
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Amazon and Products Liability: What A Difference the Mason-Dixon Line Makes

Less than two months apart, two U.S. Courts of Appeal examined the same two issues involving Amazon and came to diametrically opposed conclusions on one of them.  The issues were: (a) whether the Communications Decency Act (“CDA”) insulated Amazon...By: Rosenberg Martin Greenberg LLP
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New Legislation Proposed to Lower Threshold for Projects to Qualify for Baltimore City's High-Performance Market-Rate Rental Housing Tax Credit

On May 9th, Councilman Bill Henry introduced CCB #19-389, which proposes to modify the number of rental units required to qualify a multi-family dwelling project for the City’s High-Performance Market-Rate Rental Housing Tax Credit (the “Tax Credit”)...By: Rosenberg Martin Greenberg LLP
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