On December 3, 2024, the United States District Court for the Eastern District of Texas issued a Memorandum Opinion and Order granting Plaintiffs’ motion for a preliminary injunction, on a
Continue Reading Transparency is in Your Future – Federal District Court Grants Nationwide Preliminary Injunction of the Corporate Transparency Act
New York State recently adopted a new law known as the Freelance Isn’t Free Act (the “NYS Act”), as Article 44-A of the General Business Law. The NYS
Continue Reading Do you have a contract for that? – Hiring Independent Contractors and Freelance Workers under the New York State’s Freelance Isn’t Free Act
In our Transparency-is-in-Your-Future series, we have covered the timing and information required in beneficial owner information reports (“BOI reports”), what determines a beneficial owner of a reporting company
Continue Reading Transparency is in Your Future – FinCEN Hosting Virtual Information Session on Beneficial Ownership Reporting under the Corporate Transparency Act
For those of you following our Transparency-is-in-Your-Future series, you already know that the Corporate Transparency Act (“CTA”) went into effect on January 1, 2024 and now entities of
Continue Reading Transparency is in Your Future –Reporting Company Exemptions under the Corporate Transparency Act
As covered in our Transparency-is-in-Your-Future series, Congress enacted the Corporate Transparency Act (“CTA”), requiring certain entities that are not otherwise exempt to file information about their beneficial ownership
Continue Reading Transparency is in Your Future – New York’s Own Version of the Corporate Transparency Act focused on Limited Liability Companies
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