Relating to Real Estate - May 2022

In This Issue: IF YOU PLAY THE BUSINESS JUDGMENT CARD, I’LL PLAY THE DISINTERESTED DIRECTOR CARD

The Capital ‘S’ in ‘State’ Makes all the Difference; Or Was It the Word ‘the’?

As set forth in Gateway Terry, LLC v. Prince George’s County, 253 Md.App.

Tax Assessment of Casino Is Limited to Value of the Land

In Anne Arundel County v. PPE Casino Resorts Maryland, LLC, No. 1248, Sept.

It Takes a Lot to Reject a Procurement Officer’s Decision

From Montgomery Park, LLC v. Maryland Dep't of Gen. Servs., No. 35, Sept. Term, 2021, 2022 WL 537546 (Md.

If You Play the Business Judgment Card, I’ll Play the Interested Director Card

In Cherington Condo. v. Kenney, No. 157, Sept. Term, 2021, 2022 WL 959967 (Md. Ct. Spec. App. Mar.

Maryland Legal Alert - May 2022

In This Issue: CONVENIENCE FEE CONCERNS EXIST FOR LENDERS

FDIC to Supervised Banks: Provide Notice Before Engaging in Crypto-Related Activities

The Federal Deposit Insurance Corporation (FDIC) issued a Financial Institution Letter on April 7, 20

U.S. Senate Passes Bill Extending Expansion of Eligibility for Small Business Chapter 11 Filing

As we previously reported, certain temporary bankruptcy code amendments that U.S.

Virginia Approves New Requirements on Merchant Cash Advances to Businesses

In an effort to address concerns over merchant cash advances (MCAs) to Virginia businesses, Virginia Governor Glenn Youngkin signed
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