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New Jersey Inheritance Tax Reform! A Message for Maryland

Like many states, Maryland has adopted legislation gradually increasing the states estate tax exemption. By 2019, Maryland's exemption will be identical to the federal exemption$5 million, indexed to inflation. But there is a catch. Even if a beneficiary owes no estate tax, he or she may still owe a separate"inheritance"…

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md legal servcies

Objectives of Lawyer’s High Ethical Standards

The Martindale-Hubbell Peer Review Ratings are an objective indicator of a lawyer's high ethical standards and professional ability, generated from evaluations of lawyers by other members of the bar and the judiciary in the United States and Canada. Longman & Van Grack Attorney Robb Longman has recently received an AV…

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business law maryland

Maryland Pharma Company Could Reap $500 Million in Damages for Breach of Licensing Agreement

A six-year battle over an anti-viral drug has ended in a victory for Annapolis, Maryland-based PharmAthene over Siga Technologies Inc. Now it is up to a judge to decide how much the winner should receive in damages. The calculation depends heavily on the legal theory the court relied on to…

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One of Maryland’s Oldest Family-Owned Businesses Sold to Competitor

Southern Maryland Oil has purchased heating oil company Hein Bros., a family-owned business founded in 1921. Southern Maryland Oil will retain 14 Hein Bros.employees, though President Carl Hein and Vice President Frank Hein, the 80-year old brothers who have run the company, will leave, as will other family members. Southern…

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Study Finds Parents and Adult Children at Odds on Estate Planning

Parents and their offspring often have different perspectives on everything from music to clothes to cellphone use. A new study suggests that the generation gap is alive and well in another area of estate planning. The 2014 Fidelity Investments Intra-Family Generational Finance Study showed that almost two-thirds of parents and…

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Software Developer Acquires Maryland Data Protection Company as Industry Battles Hackers

With hacking incidents on the rise, data protection has become a critically important area for companies worldwide. Gemalto NV's acquisition of Belcamp, Maryland's SafeNet Inc. is part of this ongoing trend. The Amsterdam-based company will pay $890 million for Safenet, which forecasts revenue of $370 million and profit from operations…

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Oculus VR Rejects ZeniMax Claims in Acrimonious Litigation

Virtual-reality startup Oculus VR has responded to a lawsuit by Rockville, Maryland-based ZeniMax Media Inc., owner of Bethesda Games Studios. In May, ZeniMax had sued Oculus, and its founder, Palmer Luckey, claiming that Oculus's key product, the "Oculus Rift" head-mounted virtual reality display, was based on stolen technology. In its…

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