In every industry, certain legal prerequisites must be met before the purchase of a business can be considered final. Some companies who are buying a business have to wait for the federal government to approve the purchase before it can move forward in order to comply with federal antitrust laws. People in Maryland who follow the telecommunications business most likely heard about the proposed merger between Comcast and Time Warner Cable. The deal was recently called off because it did not receive federal approval.
When a company takes the time to copyright its materials, it expects other companies to honor that fact. However, companies accusing other companies of copyright infringement file numerous lawsuits around the country, including some here in Maryland. One such business dispute between Getty Images against Microsoft Corp. recently settled.
Making the decision to start your own business can be both exciting and frightening at the same time. When you choose to start a franchise as your new business, the amount of paperwork can be intimidating. A thorough review of all of the documents required and the steps that need to be taken is essential to understanding your rights and responsibilities under Maryland and federal law.