Search

The decision of the Federal District Court for the Northern District of Alabama in the case of National Small Business United v. Yellen , announced on Friday, March 1, 2024, has created uncertainty for both reporting companies and their attorneys under the Corporate Transparency Act (“CTA”). What...

The federal Corporate Transparency Act (“CTA”) requires that corporations submit a report to the Financial Crimes Enforcement Network (“FinCEN”) before January 1, 2025, with information on the persons who exercise substantial control over the corporation. As currently in place, condominium and...

New requirements arising from the Corporate Transparency Act of 2019 took effect on Jan 1, 2024. If your small business is formed as an entity that meets the definition of a “Reporting Company” under the Act, your organization will have to report information about their beneficial owners, i.e., the...

For all “reporting companies” created or registered on or after January 1, 2024, information concerning the “beneficial owners” of the reporting company must be reported to the Financial Crimes Enforcement Network (“FinCEN”) along with information concerning “company applicants.” As a result, both...

A 2023 update on corporate litigation in the Delaware Court of Chancery, as well as an update on the annual amendments made to the General Corporation Law of the State of Delaware and alternative entity acts, which were all effective as of August 1, 2023. The material statutory amendments discussed...

Introduction The introduction to the final regulations issued under the Corporate Transparency Act (“CTA”) by the Financial Crimes Enforcement Network of the United States Treasury (“FinCEN”) states that, “[i]llicit actors frequently use corporate structures such as shell and front companies to...

“Company applicants” — the term may sound vague, but the identities of “company applicants” of reporting companies are just as important under the new federal Corporate Transparency Act (the “CTA”) as the identities of the beneficial owners of those companies. What You Need to Know: The era of...

If you are the owner or co-owner of a small to medium-size medical practice, dental practice, or other health care concern, you have probably never thought of your practice as the type of vehicle that can be used to launder money—not much revenue in the form of cash, too much regulatory oversight...

Neither shots nor pills will immunize smaller medical, dental, chiropractic, and physical therapy practices, surgery centers, and other healthcare concerns from compliance with the looming (and burdensome) reporting obligations imposed on them if they are “reporting companies” under the federal...

​Final regulations published on September 30, 2022 (the “final Regulations”) by the Financial Crimes Enforcement Network (“FinCEN”) of the Department of Treasury under the Corporate Transparency Act (“CTA”) grant business owners a reprieve, but not a pardon, with respect to their looming beneficial...

Marshall Paul focuses his practice on counseling businesses, health care concerns and professionals with respect to limited liability company matters, general corporate matters, joint ventures, acquisitions and sales, fiduciary duty issues and financings. His clients include large-scale health care...

Dave Martin assists real estate companies, real estate investment trusts (REITs) and other businesses in complex acquisitions and dispositions of office, retail, industrial and multi-family properties, including multi-million dollar portfolios and joint venture arrangements, across the United States...

Jack Brinker is member of the Transactional Department in the firm's Chicago office. He maintains a general real estate practice and assists with a variety of deals, including commercial leasing, development projects, and property sales and acquisitions. While earning his J.D. at Villanova...

A Strong Link in a Complex Chain For restaurants, bars, hotels and others in the hospitality industry, the complexities of serving the public and managing service employees, while striving for profitability and growth, can prove daunting. Acquisitions and investments, capital projects, regulatory...

Jim Goodrich handles commercial real estate transactions and construction contracts across the United States for developers, owners, higher education institutions and major construction companies. Jim's approach to negotiations is to start with commercially reasonable documents and then to cut to...

Counsel on Commercial Arrangements, Business Operations and Regulatory Matters Regardless of size or structure, health care providers, payors, entrepreneurs and businesses must navigate a complex maze of federal and state laws and regulations to remain economically competitive. Health care...

Thomas Doyle advises companies on legal issues in connection with their daily operations and long-term business strategies. His experience includes representing clients in a variety of transactions, including mergers and acquisitions, venture financing and debt financing. Companies frequently rely...

Handling the Challenges of a Rapidly Evolving Industry From the rise of smart cities and 5G to blockchain and machine-to-machine communication, next generation wireless technologies are reshaping our world. Participants in the telecommunications and digital infrastructure industry have a critical...