Reported Data Breaches Involving Maryland Residents on the Rise

• Related Attorney(s):
• Spencer S. Pollock

• Practice Area(s):
• Business and Corporate Law, 
• Commercial Litigation
• , Data Security & Privacy Law

Data breaches continue to occur on a spectrum of small to significant scale that can affect businesses of all sizes. In January alone, the Maryland Attorney General’s “Maryland Information Security Breach Notices” noted ninety-four (94) data breaches involved Maryland residents.

read more »

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

• Related Attorney(s):
• Michael P. Shaw

• Practice Area(s):
• Business and Corporate Law
• , Securities Law

The Maryland legislature may soon be considering legislation that would require Maryland-licensed broker-dealers to abide by a fiduciary standard of care when recommending stocks, bonds and mutual funds to Maryland consumers. The same law would require Maryland-licensed insurance agents to abide by a fiduciary standard of care when recommending insurance products to Maryland consumers.  

read more »

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

• Related Attorney(s):
• Matthew L. Kimball

• Practice Area(s):
• Commercial Real Estate

In a bid to provide a reliable source of funding for an affordable housing trust, Baltimore City Council has adopted a new excise tax on real estate transactions of more than $1 million, increasing the combined transfer and recordation taxes in Baltimore from 3% to 3.75%, taking effect on January 11, 2019.

read more »

Preparing, Adapting and Responding to Cyber Incidents: Marriott International Case Study

• Related Attorney(s):
• Spencer S. Pollock

• Practice Area(s):
• Business and Corporate Law, 
• Commercial Litigation
• , Data Security & Privacy Law

Cybersecurity is an issue that every company, of every size, must address as part of standard risk identification. The Marriott International data breach case study provides lessons learned in preparing for a proactive data security strategy, adapting to cyber threats, and responding to vulnerabilities for a company of any size operating anywhere in the world. 

read more »