Recent Publications
New Mandate Requires Local Debt Policies by September 1
May 2009
With the economy garnering so much attention this spring, the State of Maryland intends to more closely oversee local government finances. Governor O'Malley signed Chapter 693; Acts of 2009 into law on May 11, 2009, requiring all local governments to adopt a "local debt policy" and file it with the State Treasurer.
If you have questions about the legislation or would like assistance in drafting a debt policy to comply with the new mandate, please refer to your routine contact in our Local Government Practice Group or Victor K. Tervala.
Insurance Commissioner Rules Insured Lacks Standing to Request Hearing
May 2009
The Commissioner granted our client's motion to dismiss a complaint by two people who were not trustees of a trust that owned a life insurance policy. The MIA had found for the insurer regarding the processing of the surrender of the policy. Bryan D. Bolton represented the insurer in this matter.
More publications or law bulletins.
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News and Notes
Eric S. Schuster Joins Funk & Bolton
July 2009
Funk & Bolton is pleased to announce that Eric S. Schuster has become a member of the firm and head of the firm's new Creditors' Rights Practice Group in the firm's Baltimore office. With over 20 years of experience representing creditors, Mr. Schuster will provide advice and counsel to financial services companies, including banks, finance companies, insurance companies, and other types of lenders, in restructurings, workouts, bankruptcies, foreclosures, and litigation.
Elissa D. Levan Rejoins Funk & Bolton
April 2009
Funk & Bolton is pleased to announce that Elissa D. Levan has rejoined the firm after a year as a Maryland Assistant Attorney General. Ms. Levan is a member of the Local Government Practice Group in the firm's Baltimore office. With over 20 years of experience, Ms. Levan will resume her practice of counseling Maryland municipalities and public entities. To learn more about Ms. Levan, please review her bio.
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Litigation Briefs Bank
League of Life and Health