|Successor liability: Mere continuation revisited
A corporation which acquires the assets of another corporation is not liable for the debts and liabilities of the predecessor corporation, absent several exceptions
|Demand refusal: Board action without a Special Litigation Committee
The Maryland Court of Special Appeals clarifies the appropriate standard of review of board action without the use of a special litigation committee (“SLC”).
|Unpaid Interns: Discrimination and Accommodation
The federal courts have historically held that civil rights protections under Title VII of the Civil Rights Act of 1964 do not extend to unpaid interns.
|Letters of Intent: don’t assume you can’t be bound to terms within a letter of intent
The fact that a letter of intent contemplates future agreements does not alone render the terms unenforceable.
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