By Victoria Hudgins| October 11, 2018 at 12:00 PM Honored Philadelphia lawyer Alan H. Molod is the recipient of the seventh annual Pennsylvania Bar Association W. Edward Sell Business Lawyer Award, which is set to be presented at the2018 Business Law Institute in Philadelphia, Nov. 7-8. Molod is being recognized for his contributions to the practice of business […]
The Test: Does the European General Data Protection Regulation Apply to Your Business Operating in the USA?
BY: William Mark Mullineaux, Esq.* Sagan Medvec* On May 25th, 2018, the European Union’s (“EU”) General Data Protection Regulation (“GDPR”) goes into effect and it may shift the way you collect data, manage user information, and market to prospects even if you are not intentionally marketing to people in Europe. […]
MODERNIZED LAWS FOR NON-CORPORATE ENTITIES
On November 21, 2016 Act 107 was adopted by the Pennsylvania legislature, effective February 21, 2017, adopting a new partnership act, a new limited partnership act, and a new limited liability company act (LLCs). In addition revisions were made to the laws governing limited liability partnerships (LLPs) and limited liability […]
Changes affecting Commercial Powers of Attorney in Pennsylvania
On October 4, 2016, Governor Wolf signed into law House Bill 665 (Act 103 of 2016) which clarified certain sections of the Pennsylvania power of attorney law that went in effect on January 2, 2015 (Act 95 of 2014). The changes were aimed at correcting issues with commercial powers of […]
New Jersey Estate Tax Repeal
On October 14, 2016, Governor Christie signed a new law that will eliminate the New Jersey estate tax. Currently, decedents residing in New Jersey with taxable estates exceeding $675,000 may be subject to New Jersey estate tax. With the new law, New Jersey residents who die during 2017 will not […]
Term Sheet or Letter of Intent
Business Law – Term Sheet or Letter of Intent. The Term Sheet or Letter of Intent states specifically that it is not a binding agreement and is subject to the parties turning it into a formal binding agreement. This does not mean that it should not be reviewed by an […]
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