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On April 23, 2024, the Federal Trade Commission (FTC), through a 3-2 vote, approved a final rule (the Final Rule), banning most forms of non-compete clauses with workers. A non-compete...
On December 22, 2023 the State of New York adopted the New York LLC Transparency Act (as amended to date, the "NY LLCTA"). The NY LLCTA in many respects follows the federal Corporate Transparency...
Background and Summary - A new federal law, the Corporate Transparency Act (CTA), went into effect on January 1, 2024. The CTA requires that most entities file Beneficial...
The Corporate Transparency Act mandates certain reporting requirements for beneficial ownership information for certain companies, with the goal of preventing the illicit use of...
January 1, 2024 is the effective date of a new rule (the “BOI Reporting Rule”) issued under the Corporate Transparency Act requiring domestic and foreign corporations, limited liability...