You Signed a Form Contract, Now What?
What Does Lodestar Mean?
Much is being made of the use of the so-called “archaic” word “Lodestar”, a 14th century word used by an anonymous op-ed penned by an anonymous White House official critical of the President, according to the Washington Post.
The Nightmares of Banking with Electronic Funds Transfers
Recently our firm assisted a client with a devastating problem. The company discovered that their CFO, who had been in his position for more than 10 years, had fraudulently stolen over $750,000.00 through electronic funds transfers.
Non-Compete And Non-Solicitation Agreements: Employer Beware
A recent case from the Circuit Court for Montgomery County, Maryland underscored the growing trend by courts across the country to limit the application of non-compete and non-solicitation agreements. These agreements, typically referred to as “restrictive covenants”, are integral to many employment agreements. Restrictive covenants in employment contracts serve as a means of assuring the employer that its employee will not use his/her familiarity with the customers of the employer to take those customers and clients to a new employer. Even though they constitute a restraint against trade, most courts will enforce them provided that the limitations are reasonable, both in terms of the length of the prohibition as well as the geographic scope of the limitation.
Are You a Maryland Employer? Get Ready NOW to Comply with the State’s New Sick Leave Law
February 11th is a date every employer in Maryland needs to know and prepare for right now. On that day, the new Maryland Healthy Working Families Act (the “Act”) takes effect. For many businesses, it will affect the nature and details of sick and safe leave that you must provide to your employees. It will add new levels of rules that may have a big impact on your current policies. And there are consequences if you don’t comply with the timetable that the Act requires.