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by ME&W | Jun 1, 2016 | Banking Law, Hoy, Timothy A, Industry News
by Tim Hoy and Melanie Vanderau The final interim rule governing garnishments of accounts containing certain federal benefits (31 CFR § 212.1 et. seq.) has been amended. The final interim rule, effective May 1, 2011, was established by the Department of the Treasury, the Social Security Administration, the Department of Veterans Affairs, the Railroad Retirement Board, and the Office of Personnel Management (“Agencies”) and created a procedure financial institutions were required to follow when receiving... by ME&W | Apr 19, 2016 | General Law, Industry News
Permission To Record Must Be Granted First The Pennsylvania Superior Court ruled that the use of the voice memo app on a smartphone to record a conversation, without the permission of the participants in the conversation, is a violation of the Pennsylvania Wiretap Act. Section 5703 of the Wiretap Act provides that “a person is guilty of a felony of the third degree if he … intentionally intercepts, endeavors to intercept, or procures any other... by ME&W | Apr 1, 2016 | Estate Planning & Taxation, Industry News
As we begin wrapping up the year, it is time to think about year-end financial considerations. For many of us, charitable giving is one of them. When thinking about how much your contribution should be for this year, there are number of issues that sometimes come into play. In general the amount that you are able to make in charitable contributions is a fraction of your adjusted gross income on your income tax return. That... by ME&W | Mar 28, 2016 | Business Law, Industry News
Two recent changes in Pennsylvania law made it advantageous to convert a limited partnership which owns real estate (and/or other income-producing assets) to a limited liability company. A preferred form of ownership for real estate and other income-producing investments prior to January 1, 2016 was the limited partnership which owns the real estate with a limited liability company (“LLC”) as the general partner. This vehicle accomplished two purposes: one, it avoided the Pennsylvania capital stock... by ME&W | Dec 18, 2015 | Business Law, Industry News, Martin, Aaron D
by Aaron D. Martin The protection of your company’s online identity is more important than ever before. You need a unique presence to maximize business from online inquiries. Because of the value of a business’s online presence, dishonest competitors will sometimes attempt to improperly divert online search results through “cybersquatting.” Cybersquatting occurs when a business unrelated to yours improperly uses your business name or mark to market itself online to your detriment. It often takes... « Older Entries