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Congress set to disclose hidden corporate owners

Clark Gascoigne’s entire career has been about ending anonymous shell companies. Starting at Global Financial Integrity in 2009 and then at the Financial Accountability and Corporate Transparency Coalition, Gascoigne has been on a mission to inject transparency into the ocean of anonymously owned corporate entities that can hide all manner of financial malfeasance. He and other advocates moved closer to success on Dec. 8, when the House passed the National Defense Authorization Act, with provisions that would establish a beneficial corporate ownership reporting regime and change other anti-money laundering laws. The Senate followed suit last Friday, marking significant legislative steps to make life harder for tax evaders, traffickers and counterfeiters.

Insurers, nursing homes among those facing COVID-19 lawsuits

Insurers, nursing homes among those facing COVID-19 lawsuits Associated Press Print Plans for a lawsuit against a Maine venue that hosted what became a superspreader wedding reception underscore the liability risks to small businesses amid the coronavirus pandemic and an uphill push by Republicans in Congress to give such outfits legal immunity. Behemoths like Walmart and Tyson Foods, which have been the target of COVID-19-related lawsuits, can largely absorb any losses. But hundreds of negligence lawsuits have been filed across the country, with mom-and-pops most fearing the prospect of litigation that could put them under. They can end up losing even if they win a lawsuit, said David Clough, of the National Federation of Independent Businesses, because costly litigation can bankrupt small businesses that don t have deep pockets.

Businesses fear COVID-19 lawsuits | News, Sports, Jobs

Dec 21, 2020 FILE In this March 30, 2020 file photograph, workers from an Amazon fulfillment center in Staten Island, N.Y., protest conditions over fears COVID-19 virus spread, at the company s warehouse in New York. Behemoths Amazon, Walmart and Tyson Foods, which have been the target of COVID-19-related lawsuits, can largely absorb any losses. But hundreds of negligence lawsuits have been filed across the country, with mom-and-pops most fearing the prospect of litigation that could put them under. (AP Photo/Charlie Neibergall) (AP Photo/Bebeto Matthews) PORTLAND, Maine Plans for a lawsuit against a Maine venue that hosted what became a “superspreader” wedding reception underscore the liability risks to small businesses amid the coronavirus pandemic and an uphill push by Republicans in Congress to give such outfits legal immunity.

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