Read & Share: Bitcoin is Near All-Time Highs and the Mainstream Doesn’t Care…Yet

Bitcoin Near All-Time Highs vs. Search Interest Just about every financial asset saw a huge drop in March, but few have had the spectacular recovery that bitcoin has had since then. Up more than 300% from the March lows, bitcoin is within $1,000 of its all-time high ($19,891) established three years ago. While 2017’s run-up […]

Howard K. KurmanPrincipal, Offit│Kurman

LawMatters – November 2020

LawMatters – November 2020 In the November 2020 edition of LawMatters, Offit Kurman attorneys discuss how to continue connecting virtually and how to prepare yourself for the upcoming holiday season, while our Intellectual Property group highlights California’s Privacy Rights laws and the U.S. Trademark Offices latest plans. Our LawMatters newsletter has been a staple in […]

Howard K. KurmanPrincipal, Offit│Kurman

This Week in Real Estate: Why are Delaware Real Estate Settlements SO Different?

Contrary to just about every jurisdiction in the country, all real estate settlements for real property located within the State of Delaware must be performed by a Delaware licensed attorney.  The Delaware Supreme Court has designated just about all aspects of a real estate transaction as the practice of law.  As such, each and every […]

Howard K. KurmanPrincipal, Offit│Kurman

Recent Amendments to the Maryland LLC Act –What Happens After the Last Member Dies?

A problem that occurs not too infrequently in the realm of businesses owned by individuals organized as limited liability companies (LLCs) is how to deal with the death or incompetency of the last remaining member. This is particularly true in the case of single-member LLCs. Under the Maryland LLC Act, Section 4A-902(a)(4) and (b), an […]

Howard K. KurmanPrincipal, Offit│Kurman

EB-5 Investor Visas – USCIS Redeployment Policy Change Announcement

On July 24th, USCIS (the United States Citizenship and Immigration Services) issued a Policy Alert to clarify guidance regarding the redeployment of capital under the EB-5 program. This new guidance will substantially impact how EB-5 project sponsors and regional centers approach the future re-deployment of EB-5 capital.  EB-5 investor program allows U.S. permanent residence for […]

Howard K. KurmanPrincipal, Offit│Kurman

LawMatters – July 2020

In the July 2020 edition of LawMatters, the attorneys of Offit Kurman continue to discuss the phases of COVID-19 and what it means for each state, as well as address some noteworthy topics presented in the news. This edition also includes more interviews from our new series, Inspiring Views from the Bright Side, which highlights individuals […]

Howard K. KurmanPrincipal, Offit│Kurman

The IRS Resumes its Global High-Wealth Examination Program and Targets High Income Non-Filers

The IRS has largely reopened for business on July 15, with an eye toward high net-worth individuals. The IRS recently announced it will restart its global high-wealth program by commencing several hundred new examinations of high net-worth individuals between July 15 and September 30. IRS audits of individual tax returns showing more than $1 million […]

Jeffrey A. LiesemerMember, Caplin & Drysdale, Chartered

Philadelphia Passes First of Kind Ordinance to Protect Workers with COVID-19 Complaints

If you are a business with employees in Philadelphia, you need to know about Philadelphia’s new Essential Workers Protection Act. The Act, which was signed into law on Friday, June 26, 2020, protects workers who speak out about unsafe workplace conditions during the COVID-19 pandemic. The ordinance is one of the first of its kind […]

Howard K. KurmanPrincipal, Offit│Kurman

Report Issued by the Urban Institute Critical of Opportunity Zone Program

The Urban Institute, a nonprofit research organization, has issued a research report entitled, “An Early Assessment of Opportunity Zones for Equitable Development Projects,” that critiques aspects of the Opportunity Zone program enacted as part of the Tax Cuts and Jobs Act in December 2017.  This program provides incentives for investors to invest capital gains into […]

Howard K. KurmanPrincipal, Offit│Kurman

Series LLCs: Are They for Your Business? – Part IV

Read Part I, Part II, and Part III here » The first three parts of this Article introduced Serial LLCs – a relatively new form of business entity structured to operate multiple businesses in subordinate “protected series” (sometimes “protected series” or “series”) with the ability to partition ownership of assets and exposure to liabilities among the Series LLC […]

Howard K. KurmanPrincipal, Offit│Kurman