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Our lawyers are thinkers as well as doers—and have published numerous informative and insightful articles on topics related to their respective practices and our clients’ industries. Read what our people have to say about what’s important to you.

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Recent Articles

SEC Imposes New Requirements for Brokers and Advisers in Adoption of Regulation Best Interest

On June 5, 2019, the Securities and Exchange Commission (SEC) approved the Regulation Best Interest, setting a higher standard of care for broker-dealers, and their financial professionals, when making a recommendation to a retail investor regarding a securities transaction. The SEC also now requires that both broker-dealers and investment advisers provide the retail investor with a Customer Relationship Summary (Form CRS) to allow the retail investor to compare one financial professional’s services to another. 

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Impact of PA Supreme Court’s Decision Regarding Stacking of UM/UIM Coverage has Become Much Broader

The Pennsylvania Supreme Court struck down the household vehicle exclusion holding that it violated the Motor Vehicle Financial Responsibility Law (“MVFRL”) in Gallagher v. GEICO Indemnity Company.  Following the ruling in Gallagher, several class action lawsuits have been filed on behalf of policyholders who have had their claims for stacking of uninsured or underinsured motorist coverage denied under the household vehicle exclusion. Carriers have been defending those class actions suits arguing that those claims were denied prior to the Supreme Court’s recent decision in Gallagher.  Recently, the U.S. District Court for the Eastern District of Pennsylvania opened the door for even more litigation against carriers by holding that the Supreme Court’s decision in Gallagher could apply retroactively, leaving insurance companies with uncertainty regarding what risks they currently insure, what prior losses they may be liable for, and how to price their policies. 

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The Landlord Need Have No Favorites: Duty to Mitigate in Maryland

The Fourth Circuit Court of Appeals wades into the muddy waters of Maryland’s application of the duty-to-mitigate defense under a commercial lease. 

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Representations & Warranties Policies: A Coverage Primer

Representation and Warranties policies (R&W policies) insure representations made by a Seller to a Buyer in a merger or acquisition transaction, including those concerning financial statements, taxes, compliance with laws, material contracts, employee-related issues, intellectual property, operations-related issues, litigation, fundamentals, and environmental issues. Becoming common since 2014, with more than 20 insurers currently offering R&W policies, they implicate a variety of coverage issues due to their uniqueness in both the insurance industry and in their reflection of the specific deals for which they are purchased. 

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Past Articles

SEC Imposes New Requirements for Brokers and Advisers in Adoption of Regulation Best Interest

On June 5, 2019, the Securities and Exchange Commission (SEC) approved the Regulation Best Interest,…

read more »
Representations & Warranties Policies: A Coverage Primer

Representation and Warranties policies (R&W policies) insure representations made by a Seller…

read more »
Reported Data Breaches Involving Maryland Residents on the Rise

Data breaches continue to occur on a spectrum of small to significant scale that can affect businesses…

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Maryland Takes on the SEC in Debate Over Fiduciary Standard of Care

The Maryland legislature may soon be considering legislation that would require Maryland-licensed…

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Baltimore City Increases Recordation & Transfer Taxes for Some Real Estate Transactions

In a bid to provide a reliable source of funding for an affordable housing trust, Baltimore City Council…

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