As the fourth quarter of 2024 kicks off, businesses are running out of time to determine their compliance obligations under the Federal Corporate Transparency Act (CTA). If your company does not report its beneficial owners by the end of the year, and no exemption...
Content By Alex E. Jones
Think Twice Before Filing Amazon Infringement Reports
Here’s the scenario: Your brand has started selling on Amazon, and sales are strong. You’ve invested time and resources to build your presence, and you’re finally gaining traction. However, after some time, you begin to notice a decline in sales, and you are no longer...
Who Owns AI-Generated Content: You, the AI, or Nobody?
Artificial Intelligence (AI) is changing many facets of our lives, from how we work to how we discover new recipes. However, as with any major change, there comes new legal issues lurking around the corner. One of those issues relates to the owner of AI generated...
Revolutionizing M&A Due Diligence: How AI Tools Enhance Efficiency and Accuracy
In the realm of mergers and acquisitions (M&A), due diligence is a critical phase where a buyer’s acquisition team assesses potential risks and opportunities before finalizing the terms of an agreement to purchase its target company. The diligence process can be...
Recent Developments & Challenges to the Corporate Transparency Act
As we continue to monitor the future of the Federal Corporate Transparency Act (the CTA), which requires certain businesses to file a report disclosing their beneficial owners to the U.S. government, new developments in both federal courts and state legislatures...
Protecting Your Brand: Strategies to Combat Unauthorized Resellers and Navigate First Sale Doctrine Challenges
In the ever-expanding landscape of e-commerce, the presence of unauthorized resellers can pose significant threats to a brand's reputation and bottom line. Brands should take a proactive approach in combatting unauthorized resellers. Understanding Unauthorized...
New York’s LLC Transparency Act: What You Need to Know
While federal legislative and regulatory authorities digest and plan their responses to the March 1, 2024 ruling in the U.S. District Court for the District of Alabama that held the federal Corporate Transparency Act (the CTA) unconstitutional, New York is moving...
Federal District Court in Alabama Deems Corporate Transparency Act Unconstitutional
The U.S. District Court for the Northern District of Alabama (District Court) declared the Corporate Transparency Act (the CTA), which became effective on January 1, 2024, unconstitutional in the case styled National Small Business Association v. Yellen. The effects...
Important Corporate Transparency Act Law Update: U.S. Beneficial Ownership Information Filing System is Now Open
New federal reporting requirement that may affect your business is now effective. The Corporate Transparency Act (the CTA) is officially in effect. You should confirm now whether your company has any reporting obligations. The CTA requires certain entities to report...
FinCEN Proposes to Extend Filing Deadline for Beneficial Ownership Information in 2024
Key Takeaways The Financial Crimes Enforcement Network (FinCEN) issued a proposal to amend the beneficial ownership information (BOI) reporting rule, which would extend the deadline for certain reporting companies to file their BOI reports. FinCEN is proposing to...