Stop us if you have heard this before, but there has been yet another development in the saga that is the Corporate Transparency Act (“CTA”). Following a recent ruling from the U.S. District Court for the Eastern District of...more
In our prior article, The “Art” of the Commercial Real Estate Lease Term Sheet, we discussed the importance of an accurate term sheet reflecting the material terms of the proposed commercial lease, and how in the absence of...more
The filing requirements under the Corporate Transparency Act (“CTA”) have once again been restored. In yet another reversal of the on again, off again saga, on February 18, 2025, the U.S. District Court for the Eastern...more
The filing requirements under the Corporate Transparency Act (“CTA”) have been temporarily suspended again. In yet another reversal, the Fifth Circuit of the United States Court of Appeals in an order filed December 26, 2024...more
The filing requirement for the Corporate Transparency Act (CTA) has been reinstated by the Fifth Circuit of the United States Court of Appeals with a new deadline of January 13th, 2025. We previously alerted you that on...more
12/24/2024
/ Appeals ,
Beneficial Owner ,
Business Entities ,
Corporate Transparency Act ,
Filing Deadlines ,
Filing Requirements ,
FinCEN ,
Preliminary Injunctions ,
Reporting Requirements ,
Stays ,
Time Extensions
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction prohibiting enforcement of the Corporate Transparency Act (“CTA”) and associated regulations by the...more
Many owners of commercial properties across the country encumbered by mortgage debt are still struggling to navigate the distressed real estate market, primarily due to their inability to pay current debt service resulting...more
9/30/2024
/ Borrowers ,
Commercial Property Owners ,
Deed-in-Lieu of Foreclosure ,
Financial Distress ,
Foreclosure ,
Interest Rates ,
Lenders ,
Loan Servicer ,
Mortgages ,
Net Operating Losses ,
Pre-Negotiation Agreements ,
Real Estate Market
What is the Good Cause Eviction law?
On April 20, 2024, New York State enacted new residential tenant protections affecting many market rate apartments under a framework referred to as “Good Cause Eviction.” In general,...more