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Extended BOI Filing Deadlines
On December 23, 2024, the United States Court of Appeals for the Fifth Circuit lifted the injunction placed by a lower court on the filing of Beneficial Ownership Information (“BOI”) with the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCen”), as required by the Corporate Transparency Act. FinCen, which had previously advised that companies who…
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We are proud to announce that The Law Offices of Oren D. Saltzman has been recognized for excellence in the 2025 edition of Best Law Firms® Rankings!
The 15th edition of Best Law Firms, independently produced by Best Lawyers®, holds significant importance in the legal industry. It serves as a benchmark for excellence, providing a comprehensive and reliable guide of the top-performing law firms across 127 practice areas and 188 local jurisdictions. The rankings are meticulously compiled based on a rigorous evaluation…
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We are grateful that Oren D. Saltzman has been named to the 2025 edition of The Best Lawyers in America®!
The 2025 edition of The Best Lawyers in America ® has recognized Oren D. Saltzman for his exceptional practice of law in Maryland. This is the third consecutive year that he has been honored by his peers by being listed in this report. We are excited to congratulate him for this distinction!
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Maryland’s New Vacancy Tax Law
The Governor of Maryland has recently signed into law HB2, which provides counties the authority to set a special property tax rate for certain vacant and abandoned properties. This statute will be effective on June 1, 2024. The purpose of the statute is encourage vacant property into usable spaces, and in particular, more housing. In…
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The Future of Non-Competition Clauses in Maryland
Non-competition clauses in employment agreements are generally enforceable in Maryland. However, a recent rise in workers’ rights and anti-monopolist sentiments might find Maryland following California’s lead in significantly limiting the power of these clauses. Ultimately, non-compete clauses are designed to protect a company’s trade secrets, client relationships, and competitive advantage. However, by limiting a professionals’…
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Bankruptcy Can Change Your Ownership Interest in Real Property
In Maryland, the declaration of bankruptcy can have the unintended effect of converting ownership interests of real property held as joint tenants to interests held as tenants in common. This can cause a serious impact to your rights as a property owner and can make it increasingly difficult to protect the interests of both you…
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Maryland’s New Proposed Data Privacy Bill
Maryland may soon have a new online data privacy law that will change the obligations for many businesses providing services in the State. For the past several years, Maryland legislators have attempted to enact a data privacy law akin to laws in fourteen other states. This year, a compromise bill might find its way to…
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Small Business Recovery in Small Claims Court
Until October 1, 2023, a judgment creditor had the ability to enforce a judgment made in small claims court in Maryland by way of oral examination (i.e. oral deposition before the court) or through interrogatories. Now, following the enactment of a new Maryland Statute, if you obtain a judgment in small claims court, there is…
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Your Obligations Under the Corporate Transparency Act
Beginning on January 1, 2024, business entities are now required to report certain information regarding their beneficial owners to the Federal Government. The newly enacted Corporate Transparency Act (“CTA”) requires business entities in existence before January 1, 2024, to file Beneficial Ownership Information (“BOI”) with the U.S. Department of Treasury prior to January 1, 2025.…
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Appeal Time in Maryland is Not What It Seems
In 2007, the Maryland General Assembly amended several Maryland Rules of Civil Procedure in an attempt to “provide greater uniformity in the treatment of prematurely filed post-judgment motions.” See, 34-2 Md. Reg. 78. Unfortunately, in amending Rules 2-532, 2-533, 2-534, and 2-535, the General Assembly opened the door for post-judgment motions to be filed months…