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News from BTLG:

Fiduciary duties: Corporate Opportunities
While managing members of LLCs owe a common law fiduciary duty to the LLC and other members, not all business opportunities are automatically attributable to the LLC as "corporate" opportunities
Stockholder Derivative Claims: Boland Remand Decision
The Circuit Court for Montgomery County applied the standards articulated in Boland v. Boland, remanded from the Court of Appeals, and found that the Special Litigation Committee acted properly in refusing to take action on a stockholder claim.
Wage Payment and Collection Law - Barufaldi II
In a decision issued June 29, 2012, the Maryland Court of Special Appeals held that an award of attorneys' fees is not mandatory to a plaintiff under the Maryland Wage Payment and Collection Law, but if awarded, a lodestar analysis is appropriate.
Workplace Fraud Act 2012 Amendments
On July 1, 2012, new amendments to the Workplace Fraud Act of 2009 will go into effect. The biggest change for employers is the establishment of an exception to a employment presumption.
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