In retail bankruptcy cases, disputes occasionally arise between a secured lender and a seller of goods on consignment as to which party has a superior interest in the goods.
On April 30, 2019, Governor Lawrence Hogan signed into law (Chapter 284) the Maryland Commercial Receivership Act (MCRA) (new Title 24 to the Commercial Law Article).
Landlords and developers should consider owning the name of their tenants’ establishment. Landlords should also consider buying the name from a tenant that is going out of business.