As discussed in our three prior client alerts, effective as of January 1, 2024, the Corporate Transparency Act (“CTA”) and rules issued thereunder by the Financial Crimes Enforcement Network (“FinCEN”) require most U.S....more
8/13/2024
/ Anti-Money Laundering ,
Beneficial Owner ,
Business Formation ,
Compliance ,
Corporate Dissolution ,
Corporate Transparency Act ,
Disregarded Entities ,
EIN ,
FinCEN ,
New Guidance ,
Reporting Requirements ,
Social Security Numbers ,
Taxpayer Identification Number ,
Tribal Corporations
The North Carolina Court of Appeals this week addressed an important issue involving leases, options to renew, and the North Carolina recordation statutes known as the “Connor Act.” The decision affects anyone who buys or...more
8/3/2023
/ Chain of Title ,
Commercial Leases ,
Commercial Property Owners ,
Commercial Tenants ,
Contract Terms ,
Lease Termination ,
Leases ,
Ownership Interest ,
Purchase Agreement ,
Real Estate Transactions ,
Recording Acts ,
Recording Requirements ,
Renewal Options
Although cybersecurity-specific insurance has become more popular in recent years, some policyholders have attempted to obtain insurance for cybersecurity losses under their commercial general liability (CGL) policies. The...more
With headlines of data breach incidents becoming a weekly, if not daily occurrence, it’s not surprising that many companies are considering whether they should purchase cybersecurity insurance, if they haven’t already. The...more
As implied by the name, the commercial general liability (CGL) insurance policy provides businesses with coverage for a wide array of claims by third parties, including claims for damage to “tangible property” and claims...more