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Inventorship: A cautionary tale

Orville and Wilbur Wright invented the airplane. Thomas Edison invented the electric light. Samuel F. B. Morse invented the first practical telegraph. All achieved fame and fortune because they were inventors, and they patented their inventions. What, then, in the ...

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Subpoenaing Internet, telephone providers

The evidentiary use of information from various Internet sources and the like is expanding significantly. A subpoena is required for the information to be obtained and used in court. Over time, the following addresses may change. Information on a particular ...

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Standing in the passenger seat≠

When police officers effectuate a traffic stop, both the driver and passengers are seized. A traffic stop communicates to a reasonable passenger that he or she is not free to terminate the encounter and move about at will. Arizona v. ...

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Biz financial statements do matter

When applying for a business loan, many existing and potential borrowers are asked to supply various financial statements, including fiscal year-end business tax returns and/or accountant-prepared statements and interim management-prepared statements. Two of the most common questions the bank receives ...

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Enforcement of an ordinance

A local law or municipal ordinance may have penal sanctions. The following issues may arise in the enforcement of an ordinance: Prosecutor A town or village attorney may prosecute violations of local ordinances. Application of CPL The procedures set forth ...

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Estate tax relief in the works

The U.S. House voted Dec. 3 to make the current 2009 estate tax law permanent. While the legislation is subject to the approval of both the Senate and the president, it is the first step in addressing what currently is ...

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Appellate Division, Third Department, Case Digests

Statute of Limitations Medical Malpractice Johanson v. Sullivan 506855 Appealed from Supreme Court, Saratoga County Background: The appeal is from an order that granted the defendant’s motion for partial summary judgment. Beginning about 1990, plaintiff David Johanson was a patient ...

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Value employee stock options properly

An employee stock option is a call option on the company’s common stock, issued as a form of non-cash compensation. Employee stock options commonly are offered as part of a company’s executive or key employee compensation packages. They also may ...

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M&A rules change for nonprofits

In May — although the printed document carries an April date — the Financial Accounting Standards Board issued Statement of Financial Accounting Standards No. 164, “Not-for-Profit Entities: Mergers and Acquisitions,” which included an amendment of FASB ASC 350 (FASB Statement ...

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Western New York On The Move

The Rochester law firm of ChamberlainD’Amanda recently expanded its Labor & Employment practice with the addition of Chalisse R. Sharp, who will focus her practice on labor and employment law, employee benefits and other employment law issues under ERISA. Attorney ...

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The good, the bad and the ugly

Social media sites are becoming the new advertising and communications ground, and are growing at a rate that is too big to be ignored. Just how big is social media≠ It took radio 38 years to reach 50 million users; ...

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Retirement plan maximums unchanged in 2010

2010 defined benefit plan maximums unchanged Given the lack of inflation in the past year, retirement plan contributions to defined contribution plans and defined benefit plans will remain unchanged in 2010. Fortunately, Code Sec. 415(d) does not allow decreases in ...

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