Authored by Mark Lobb Business Owner ConsiderationsDuring Volatile Economic Times On October 17, 2022, Bloomberg’s statistical projections showed a 100% probability of a recession within the next 12 months. The US economy continues to reel from decades-high inflation, Federal Reserve interest rate hikes, and growing geopolitical tensions. At the same time, many states continue to …
Authored by Mark Lobb The Corporate Transparency Act (“CTA”) provides for the establishment of a beneficial ownership registry within the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”). It requires non-exempt domestic and foreign companies to disclose information regarding their beneficial owners. The CTA’s legislative objectives are to foster greater corporate ownership transparency and to …
New Federal Reporting Requirements For Privately-Owned Companies Read More »
When someone starts a business, the process usually begins with a passion, a niche to be filled, or an innovative invention. Rarely do entrepreneurs focus on legal topics like litigation when they sit down to draft a business plan. The simple reality is that litigation can be a significant part of day-to-day activities for large, …
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