UPDATE: FinCEN removes Beneficial Ownership Reporting requirements for U.S. companies and U.S. persons, but also sets new deadlines for foreign companies.
UPDATE, MARCH 3, 2025 -- As was reported on Twitter/X Sunday, the Treasury Department will not enforce the Corporate Transparency Act's Beneficial Ownership Information reporting requirement. See this article from Entrepreneur for the latest and what small businesses need to [...]
Status as of January 13, 2025 of the Corporate Transparency Act's Beneficial Ownership Information reporting requirements and the stay on the reporting deadline.
Employment attorneys, Brian Farrington and Casey Erick explain the recent FTC final rule banning most Non-Compete Agreements, the Effective Date, and whom it affects.
Bill Siegel looks at the In re Cyber Litigation and whether a Controlling Director's intent to defraud can be imputed to the Innocent Directors of a company's Board of Directors.
The Corporate Transparency Act requires most small corporations, companies and limited partnerships to register "beneficial ownership information" with the Financial Crimes Enforcement Network (FinCEN).
California has updated its non-competition law to give employees more freedom to work with competitors. This means that any agreements that restrict someone from working with a competitor in California are now invalid, except in limited cases.
In the proposed “Workforce Mobility Act of 2023,” another attempt has been made to ban non-compete agreements. The Proposed "Workforce Mobility Act of 2023" A bipartisan group of U.S. senators introduced the "Workforce Mobility Act of 2023 " [...]
When your business gets sued, if you do not file a timely answer, the plaintiff can take a default judgment against you. Notice of a final judgment is mailed to the address that the plaintiff submitted as your last known address. That is where a problem can arise.
The U.S. News recently reported that the combined factors of a 2023 recession, decline in job growth, continued inflation, and higher interest rates – will likely culminate in pressure that will lead to more layoffs. Therefore, the U.S. News [...]
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