Top 10 of 2010 – What Businesses Need to Know

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02/04/2011 3:51 AM

We thought it would be beneficial (and fun) to summarize how businesses were affected by laws, court decisions, and the like – in 2010.  For the next five days, we will give you our top 10 list and why it may be important to you and your business.

Friday, February 4:
Well, we come to the end of our Top 10 for 2010.  In today's posts, Bryan Saxton explains why a limited liability company may be seeing less protection than was once afforded to not only this type of entity, but to its officers and managers.  For our construction clients (especially the general contractors), Bobby Mowell has some good news regarding your liability when using subcontractors.

We hope that you not only have enjoyed our Top 10 of 2010, but that you found them informative.  These stories and tips can help you make nformed decisions at the corporate level, and hopefully, avoid lawsuits and complaints.

Thursday, February 3:
We continue with our 4th installment of the Top 10 for 2010.  Today, Jessica Tupis tells you why you must accept Powers of Attorney – even if they are not your forms.  Also, Cate Hopkin has another cautionary tale for our friends in the banking and finance industry.

Wednesday, February 2:
We continue with our 3rd installment of the Top 10 for 2010.  This installment is good news for businesses and a warning for lenders.  For businesses, the courts have enforced the damages cap in cases of pain and suffering.  Chris Tully takes you through a 2010 case and its outcome.  Now, to our clients and friends who are lenders: Cara Lewis explains how a court decision in Philadelphia may affect your secured loans.

Tuesday, February 1:
We continue with our 2nd installment of the Top 10 for 2010.  Today, Jessica Tupis breaks down the Tax Relief Act of 2010 and, for those of you, who sell goods (retail or wholesale), Chris Heagy gives you a warning about doing so with a customer who has filed bankruptcy.

Monday, January 31:
Today, we start with two very different topics: (1) how your document management/IT practices can adversely affect you in the case of litigation and (2) the liability facing employers in the healthcare field.

First, Craig Haughton explains how a document retention plan can help you in the event you are sued.  He also explains how it can be a deterrent if not properly administered.  Second, for our healthcare provider clients and friends – a look at your liability as an employer.  Healthcare providers know that they may not retaliate against an employee who complains about violations that affect public health or safety.  But, in 2010, Maryland's highest court had the opportunity to interpret the Health Care Worker Whistleblower Protection Act.  Greg Garrett gives us a look at what happened.

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