Continuing our Transparency-is-in-Your-Future series, we now turn our focus to the beneficial ownership reporting requirements established in the (i) Corporate Transparency Act (“CTA”) and (ii) related regulations adopted
Continue Reading Transparency is in Your Future – Am I a Beneficial Owner under the Corporate Transparency Act?
As previously discussed here, Congress enacted the Corporate Transparency Act (the “Act”) to require certain entities to file information about its beneficial ownership with the intent to prevent and
Continue Reading Transparency is in Your Future – Looming Deadline for Reporting Company Beneficial Ownership Information
In the ancient times (i.e. before email), there was little doubt about how a person evidenced their intent to be bound by a written agreement – he or she manually
Continue Reading Seeing Through the Mists of Email Signatures
As you may know, the use of facial recognition technology has been growing rapidly in a wide variety of public life, such as in retail locations and entertainment venues. Accompanying
Continue Reading Biometric Data Restrictions: New York City Today, New York State Tomorrow?
As previously discussed here, Congress recently enacted the Corporate Transparency Act (the “Act”) to amend the Bank Secrecy Act by requiring businesses to file information about their beneficial ownership.
Continue Reading Updates on FinCEN’s Corporate Transparency Act Regulations
As we discussed in an article a couple of months ago, LIBOR (the London Inter-Bank Offered Rate), an interest rate benchmark that is used as a reference rate for a
Continue Reading New York Legislation Addressing Discontinuance Of Libor Awaiting Governor’s Signature
The question of which party to a contract writes the first draft is generally understood among attorneys, but can sometimes be a mystery to clients. This article will present a
Continue Reading Commercial Contracts: To Draft or Not to Draft?
Over the last several years, there has been growing concern within the financial and trade regulatory communities about the use of shell companies to evade anti-money laundering laws, economic sanctions,
Continue Reading Peeking Inside The Shell – Who Owns The Company?
As previously discussed here, LIBOR (the London Inter-Bank Offered Rate) is an interest rate benchmark that is used as a reference rate for a wide range of financial transactions.
Continue Reading The Beginning Of The End of Libor
Parties regularly enter into contracts for the purpose of achieving a desired result. Sometimes there is an absolute requirement to achieve the result; sometimes merely an agreement to try to
Continue Reading Best Efforts, Reasonable Efforts, Commercially Reasonable Efforts: Is Distinguishing Among them Worth the Effort?