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      <title>DC Metropolitan Business Law Alert</title>
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      <description>Washington D.C. Corporate Lawyers &amp; Attorneys : Kelley Drye Law Firm</description>
      <language>en</language>
      <copyright>Copyright 2012</copyright>
      <lastBuildDate>Wed, 16 May 2012 17:34:38 -0500</lastBuildDate>
      <pubDate>Wed, 16 May 2012 17:34:38 -0500</pubDate>
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         <title>Maryland Legislature Effectively Kills the IDOT</title>
         <description><![CDATA[The Maryland Senate&rsquo;s passage of the widely debated and publicized Budget and Taxation bill&nbsp;effectively eliminates a long-used approach to avoid the current payment of mortgage recordation taxes on a commercial real estate loan. Rather than providing a direct deed of...]]></description>
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         <category domain="http://www.dcbusinesslawalert.com/">Corporations</category><category domain="http://www.dcbusinesslawalert.com/">Finance</category><category domain="http://www.dcbusinesslawalert.com/">Foreclosure</category><category domain="http://www.dcbusinesslawalert.com/">Lending Law</category><category domain="http://www.dcbusinesslawalert.com/">Limited Liability Companies</category><category domain="http://www.dcbusinesslawalert.com/">Local News</category><category domain="http://www.dcbusinesslawalert.com/">Maryland Law</category><category domain="http://www.dcbusinesslawalert.com/">Partnership</category><category domain="http://www.dcbusinesslawalert.com/">Property</category><category domain="http://www.dcbusinesslawalert.com/">Real Estate</category><category domain="http://www.dcbusinesslawalert.com/">Tax</category>
         <pubDate>Wed, 16 May 2012 17:08:55 -0500</pubDate>
         <dc:creator>Aaron Rosenfeld</dc:creator>

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         <title>Maryland Court Reaffirms Rule That Agents of Disclosed Principals Cannot Be Held Individually Liable </title>
         <description>The United States District Court for the District of Maryland recently reaffirmed the rule that an agent who discloses his or her principal cannot be held personally liable for any representations made on behalf of that principal. In Sears, Roebuck...</description>
         <link>http://www.dcbusinesslawalert.com/maryland-law/maryland-court-reaffirms-rule-that-agents-of-disclosed-principals-cannot-be-held-individually-liable/</link>
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         <category domain="http://www.dcbusinesslawalert.com/">Maryland Law</category>
         <pubDate>Wed, 16 May 2012 15:39:19 -0500</pubDate>
         <dc:creator>Elizabeth Johnson</dc:creator>

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         <title>Maryland Court Holds Arbitration Clause in a Contract Partially Unenforceable </title>
         <description>In College Park Pentecostal Holiness Church v. General Steel Corp., Civ. No. PJM 09-2070 (D. Md.), the United States District Court for the District of Maryland struck down several portions of an arbitration clause in a standardized construction contract as...</description>
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         <category domain="http://www.dcbusinesslawalert.com/">Maryland Law</category>
         <pubDate>Mon, 07 May 2012 11:57:49 -0500</pubDate>
         <dc:creator>Stephen R. Freeland</dc:creator>

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         <title>Virginia Supreme Court Ruling Denies Real Property Taxation of Non-Exempt Entity for Taxes Associated with an Exempt Entity&apos;s Ownership Interest in Property Owned as Tenants in Common.</title>
         <description><![CDATA[The Virginia Supreme Court&nbsp;recently considered whether a municipal corporation has the authority to impose additional real property taxes against a tax paying entity which owns real property as a tenant in common with a tax exempt entity.&nbsp; The court held...]]></description>
         <link>http://www.dcbusinesslawalert.com/business-litigation/virginia-supreme-court-rules-denies-real-property-taxation-of-non-exempt-entity-for-taxes-associated/</link>
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         <category domain="http://www.dcbusinesslawalert.com/">Business Litigation</category><category domain="http://www.dcbusinesslawalert.com/">Corporations</category><category domain="http://www.dcbusinesslawalert.com/">Limited Liability Companies</category><category domain="http://www.dcbusinesslawalert.com/">Property</category><category domain="http://www.dcbusinesslawalert.com/">Real Estate</category><category domain="http://www.dcbusinesslawalert.com/">Tax</category><category domain="http://www.dcbusinesslawalert.com/">Virginia Law</category>
         <pubDate>Thu, 05 Apr 2012 17:42:38 -0500</pubDate>
         <dc:creator>Aaron Rosenfeld</dc:creator>

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         <title>Maryland House and Senate Approve Recordation Tax on Indemnity Deeds of Trust (IDOTs).</title>
         <description>The Maryland State Senate and House of Delegates have approved the 2012 budget bill that included provisions that require the application of the state recordation tax at the time of recording on all indemnity deeds of trust (and indemnity mortgages)...</description>
         <link>http://www.dcbusinesslawalert.com/distressed-debt/maryland-house-and-senate-approve-recordation-tax-on-indemnity-deeds-of-trust-idots/</link>
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         <category domain="http://www.dcbusinesslawalert.com/">Distressed Debt</category><category domain="http://www.dcbusinesslawalert.com/">Foreclosure</category><category domain="http://www.dcbusinesslawalert.com/">Lending Law</category><category domain="http://www.dcbusinesslawalert.com/">Local News</category><category domain="http://www.dcbusinesslawalert.com/">Maryland Law</category><category domain="http://www.dcbusinesslawalert.com/">Property</category><category domain="http://www.dcbusinesslawalert.com/">Real Estate</category><category domain="http://www.dcbusinesslawalert.com/">Tax</category>
         <pubDate>Tue, 03 Apr 2012 10:27:08 -0500</pubDate>
         <dc:creator>Aaron Rosenfeld</dc:creator>

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         <title>Register Today For Kelley Drye&apos;s State of the Real Estate Market Seminar</title>
         <description><![CDATA[Please join Kelley Drye &amp; Warren LLP on April 24th for our upcoming seminar "State of the Real Estate Market: A Conversation with Ethan Penner."&nbsp; The seminar will feature a discussion of the current state of the commercial mortgage market...]]></description>
         <link>http://www.dcbusinesslawalert.com/kelley-drye/please-join-us-for-kelley-dryes-state-of-the-real-estate-market-seminar/</link>
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         <category domain="http://www.dcbusinesslawalert.com/">Kelley Drye</category>
         <pubDate>Mon, 02 Apr 2012 15:22:56 -0500</pubDate>
         <dc:creator>Joseph B. Hoffman</dc:creator>

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         <title>U.S. Tax Court Reviews Apartment Cost Segregation Analysis Mostly To Taxpayers&apos;s Chagrin</title>
         <description><![CDATA[In a lengthy decision (Amerisouth XXXII, Ltd., et al. v. Commissioner, Tax Court Memo 2012- 67), the United States Tax Court decided yesterday that a taxpayer&rsquo;s cost segregation analysis was, for the most part, ineffective to establish differing components for...]]></description>
         <link>http://www.dcbusinesslawalert.com/tax/us-tax-court-reviews-apartment-cost-segregation-analysis-mostly-to-taxpayerss-chagrin/</link>
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         <category domain="http://www.dcbusinesslawalert.com/">Federal Law</category><category domain="http://www.dcbusinesslawalert.com/">Tax</category>
         <pubDate>Mon, 19 Mar 2012 14:50:14 -0500</pubDate>
         <dc:creator>Allan Weiner</dc:creator>

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         <title>Virginia Supreme Court Holds Private Cause of Action Permitted Under State Consumer Real Estate Settlement Protection Act</title>
         <description>Last week, in First American Title Insurance Co. v. Western Surety Co., the Virginia Supreme Court ruled that a title insurance company, First American Title Insurance Co., could maintain a private cause of action based in common law against its...</description>
         <link>http://www.dcbusinesslawalert.com/virginia-law/virginia-supreme-court-holds-private-cause-of-action-permitted-under-state-consumer-real-estate-sett/</link>
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         <category domain="http://www.dcbusinesslawalert.com/">Virginia Law</category>
         <pubDate>Mon, 05 Mar 2012 16:40:46 -0500</pubDate>
         <dc:creator>Elizabeth Johnson</dc:creator>

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         <title>Maryland Budget Proposes to Eliminate Deferred Recordation Taxes on IDOTs in Excess of $1 Million</title>
         <description><![CDATA[Buried within the Governor of Maryland&rsquo;s budget is a proposal that eliminates the ability of a grantor, as guarantor of a loan, to defer payment of Maryland mortgage recordation taxes on an indemnity deed of trust (&ldquo;IDOT&rdquo;) until such time...]]></description>
         <link>http://www.dcbusinesslawalert.com/real-estate/maryland-budget-proposes-to-eliminate-deferred-recordation-taxes-on-idots/</link>
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         <category domain="http://www.dcbusinesslawalert.com/">Maryland Law</category><category domain="http://www.dcbusinesslawalert.com/">Real Estate</category><category domain="http://www.dcbusinesslawalert.com/">Tax</category>
         <pubDate>Mon, 05 Mar 2012 13:38:03 -0500</pubDate>
         <dc:creator>Aaron Rosenfeld</dc:creator>

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         <title>Largest Maryland Trade Mission to India Coincides with Liberalization of Indian Securities Laws</title>
         <description><![CDATA[Maryland is working hard to actively develop new business and investments in India. Late last year, more than 100 state officials and business leaders, accompanied by Maryland Governor Martin O&rsquo;Malley, traveled to India for six days to foster new commercial...]]></description>
         <link>http://www.dcbusinesslawalert.com/local-news/largest-maryland-trade-mission-to-india-coincides-with-liberalization-of-indian-securities-laws/</link>
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         <category domain="http://www.dcbusinesslawalert.com/">Kelley Drye</category><category domain="http://www.dcbusinesslawalert.com/">Local News</category><category domain="http://www.dcbusinesslawalert.com/">Maryland Law</category>
         <pubDate>Tue, 31 Jan 2012 12:19:26 -0500</pubDate>
         <dc:creator>Rebecca Tzou</dc:creator>

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