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Maryland high court nixes company’s stock buyback plan
Maryland’s top court nixed a real estate company’s Great Recession-era bid to buy back shares of its Class B Stock for about a penny on each dollar invested.
Coronavirus may trigger ‘force majeure’ clauses in contracts, attorneys say
Supply chain disruptions, closures and cancellations due to the spread of the novel coronavirus have attorneys fielding calls from clients wondering what their rights and responsibilities are under contracts that are affected by the situation. Many contracts have “force majeure” clauses, which excuse performance when unforeseeable circumstances prevent a party from fulfilling the terms[...]
Branching out
Though a little scary to jump into a new practice area, you probably know more than you think.
RODRICK JACKSON v. MAYOR AND CITY COUNCIL OF BALTIMORE, MARYLAND
Former firefighter appeals dismissal of breach of contract claim against the city of Baltimore, arguing it was premature and an abuse of discretion to decide Appellant did not have grounds to pursue a breach of contract claim per the Memorandum of Understanding.
SHAFIQ UMAR, et al. v. KHURRAM SHAHZAD
This was not a typical commercial lawsuit between parties on the opposite sides of a contract. Rather, this was an action for, among other things, fraud, breach of fiduciary duty, and civil conspiracy brought by one seller against his co-owner and the purchaser of the station.
Wage law provides out-of-state protection, court says
A poorly drafted employment contract between a Maryland lawyer and a Virginia law firm gave Maryland’s top court the opportunity to say the state’s wage-protection law safeguards Marylanders working for out of state companies regardless of where their contract was signed.
ERIC KEMPSON, et ux. v. ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIATION
Appellants filed a pro se Motion to Vacate Judgment on the ground of fraud pursuant to Rule 2-535(b). Their fraud allegation was based upon a claim that they never entered into a contract with the party named as plaintiff. In its response, the bank admitted that it had incorrectly stated its own name through “a scriveners error."
WINIFRED J. BOOKER v. JAMES LAWRENCE KERNAN HOSPITAL, INC. et al.
Appellant alleged breach of contract, breach of an implied covenant of good faith and fair dealing, negligence, and other misconduct by Kernan Hospital, Inc., and others. Kernan successfully raised the defense of immunity under state and federal law.
KENSINGTON TRANSCOM, INC., ET. AL. v. FREESTATE AVIATION, INC., ET AL.
This appeal involves a challenge to an increase in fees charged for use of an airport hangar at the Montgomery County Airpark. The circuit court granted Montgomery County Revenue Authority's motion to dismiss.
STANLEY KEYSER v. ORLO HOLDINGS NY, LLC
Did the court err in not finding under MD Rule 2-611(e) a sufficient basis for an actual controversy as to the meritorious defense of Statute of Limitations to the Confessed Judgment action?
Sarah Jane Smith etc., et al. v. Robert L. Findley etc., et al.
Did the circuit court err by enforcing an arbitration clause contained in a limited partnership agreement that was never correctly executed?
Plumbers & Pipefitters National Pension Fund et al. v. Consortium Atlantic Realty Trust, Inc. et al.
This case seeks our determination of the meaning of the terms “prior appraisals” and “fair market value” in the withdrawal provisions of a shareholder agreement (the “Agreement”). CART Inc., a Real Estate Investment Trust (“REIT”), and a group of pension funds (collectively, the “Funds”) that were seeking an investment vehicle entered into the Agreement in 2006.
