In remarks before the American Bar Association’s Trading and Markets Subcommittee, the chief counsel of the SEC’s Division of Trading and Markets raised concerns about certain private fund practices that implicate the need for the fund advisor or other associated persons to register as broker-...
By: Peter W. Sheehan, Jr.
On June 25, 2012 -- while Constitutional Law wonks waited with bated breath for the Supreme Court’s decision on the Patient Protection and Affordable Care Act, which came just three days later -- the U.S. Court of Appeals for the Ninth Circuit rendered an interesting opinion on the relationship...
By: Julie A. Chase
Takeaway: Boards may have an opportunity to limit the association's liability to unit owners, but they often don't take full advantage of it. Where do you find the possible protection? Check your governing documents, especially your covenants. "Limitation of liability" provisions, as they are known...
By: M. Trent Zivkovich, Jane Saindon Rogers
Highlight: Maryland has new local stormwater fees that will be implemented in certain counties beginning July 1, 2013.
By: Dorothy Deng
In December 2012, the House Committee of Ethics (the "Committee") issued new regulations governing privately funded, officially connected travel by House Members, officers and employees. These new travel rules are not only applicable to House members and staff, but are also applicable to...
By: Jefferson C. Glassie
Originally published in the 1st quarter issue of ICE Digest, the official quarterly e-newsletter of the Institute for Credentialing Excellence (ICE).
In late-March 2013, the staff of the SEC’s Division of Trading and Markets issued two no-action letters related to online platforms involved in private placements. Although the facts presented by the two letters differ, both involve platforms that use a “venture fund” model to facilitate...
By: M. Trent Zivkovich
This article is one in a series presenting the current status of legislation implementing local stormwater fees in each of the ten jurisdictions across Maryland required by state law to establish a Watershed Protection and Restoration Program and associated fee structure by July 1, 2013. The...
By: Roberto M. Montesinos
Over the past year, community boards have faced an increasing number of requests from owners wishing to install electric car charging stations (“ECCS”) in their assigned common element or limited common element parking spots. Given the growing popularity of fuel efficient vehicles, community boards...
By: Jennifer S. Jackman
The Maryland Court of Appeals has shifted the burden in disability discrimination cases and now requires associations to prove that a requested accommodation was unreasonable.