What Happens if Both Parties Breach a Contract in Maryland?
- April 20, 2020
- William Heyman
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A breach of contract occurs when either party fails to follow through with the terms of their agreement or violates any part of the agreement. When a breach of contract occurs, the parties who were harmed in the breach may…
Are Property and Zoning Restrictive Covenants Enforceable in Maryland?
- October 7, 2019
- William Heyman
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A restrictive covenant in property law is a limitation on how you can use your property. It may seem unfair if you own the lot or the land that you can’t decide what to do with your own property –…
Do Fiduciary Duties Survive a Termination in Maryland?
- September 25, 2019
- William Heyman
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If you operate a business that requires the use of trade secrets and other confidential information to succeed, you will want to protect that information fiercely. When an employee departs a company, there is always a question of whether he…
Can You Remove a Corporate Director Without Their Consent in Maryland?
- August 1, 2019
- William Heyman
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A corporation is organized to be run by a group of people and continue to operate even after the original founders or operators are gone. This means that in most cases, the leadership of the company – the board of…
How Do You End a Business Partnership in Maryland?
- August 1, 2019
- William Heyman
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The ending of a business partnership may require a lot more work than a business owner might suspect. If the business partners do not agree on how to resolve certain issues, this could make the process even more complicated. That…
How Does an Arbitration Clause Work in Maryland?
- July 10, 2019
- William Heyman
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An arbitration clause is typically inserted into a contract as a means of alternative dispute resolution. While not appropriate for every agreement, arbitration clauses often provide valuable benefits to companies, employers and businesses by reducing the potential costs that could…
How Damages Are Calculated for Breach of Contract in Maryland
- July 10, 2019
- William Heyman
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When a contract is breached, it typically means that someone didn’t get what they were entitled to. Those parties affected by the breach can often sue to get what they should have received under the terms of their agreement. The…
What Happens When Your Business Partner Dies in Maryland?
- July 10, 2019
- William Heyman
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Starting a business with a trusted partner can be a rewarding experience. However, if your business partner, unfortunately, passes away, your business could be affected in a number of ways. Additionally, if you did not have a plan about what…
Can One Business Partner Force a Buyout of the Other in Maryland?
- May 28, 2019
- William Heyman
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If you operate a business with one or more partners and you believe your partner is not handling their share of the workload, you may wonder if you can force a buyout of that partner. While there are many other…
How Are 50/50 Shareholder Disputes Typically Resolved in Maryland?
- April 2, 2019
- William Heyman
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When a business has two owners, both usually must agree on major decisions about the company. Unfortunately, this creates the opportunity for disagreements to result in deadlock – which, if not addressed effectively, can hinder operations and ultimately prove fatal…