On March 25, Delaware amended two (2) sections of the Delaware General Corporation Law (“DGCL”) in response to reports that prominent corporations are considering leaving Delaware in light of several significant court decisions…
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/ Business Organizations, Finance & Banking, Securities Law
On March 20, 2025, New Jersey lawmakers advanced a measure that would bring the New Jersey Gross Income Tax into closer conformity with federal law regarding the income tax treatment of “qualified small business stock,” or…
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/ Business Organizations, Mergers & Acquisitions, Taxation
On March 12, 2025, the SEC published a No-Action Letter clarifying accredited investor verification requirements under Rule 506(c)…
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/ Business Organizations, Finance & Banking, Securities Law
On March 21, FinCEN issued an interim rule that implements the reduced scope of the Corporate Transparency Act (“CTA”) previously announced on March 2…
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/ Administrative Law, Business Organizations, Civil Procedure, Constitutional Law, International Law & Trade
Artificial intelligence has seen rapid advancements, including large language models and chatbots that understand and respond to questions using aggregated information. While mostly everyone is familiar with ChatGPT and some of…
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/ Commercial Law & Contracts, Law Practice Products & Services, Science, Computers, & Technology
On March 2, the United States Treasury Department announced a permanent suspension of Corporate Transparency Act (“CTA”) enforcement against domestic reporting companies and their beneficial owners. Foreign companies and…
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/ Administrative Law, Business Organizations, Civil Procedure, Constitutional Law
With the rise of generative artificial intelligence (“GenAI”), many are wondering how it will affect intellectual property law. While much has been written on the subject of copyright law – and the numerous gray areas that will…
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/ Intellectual Property, Science, Computers, & Technology
On February 18, a federal court lifted the remaining injunction blocking enforcement of the Corporate Transparency Act (“CTA”), previously discussed. In response, FinCEN has stated that the reporting deadline for existing…
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/ Administrative Law, Business Organizations, Civil Procedure, Constitutional Law
New starting in 2025, most domestic and foreign entities in Pennsylvania are now required to submit an Annual Report with the Pennsylvania Department of State [DSCB:15-146]..…
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/ Business Organizations, Taxation
During a week when starved Israeli hostages, resembling Holocaust survivors, were finally returned by Hamas in a macabre ceremony, few people focused on a story involving natural gas. However, in the long term, this could have…
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/ Elections & Politics, Energy & Utilities, International Law & Trade
(2/6/25) Update as of February 5, 2025: The government appealed the nationwide injunction blocking CTA enforcement in Smith, et al. v. U.S. Department of the Treasury, et al., 6:24-cv-00336 (E.D. Tex.). FinCEN updated its…
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/ Administrative Law, Business Organizations, Civil Procedure, Commercial Law & Contracts, Constitutional Law
The election of General Joseph Aoun as president of Lebanon ended a two-year stalemate in which the position was vacant, and Lebanon basically had no government at all. The cause of the stalemate was obvious. Hezbollah, the…
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/ Elections & Politics, Energy & Utilities, International Law & Trade
Saturday, February 1, 2025 may go down as the date the great Trade War began. On that date, less than two weeks following his second inauguration, President Donald J. Trump announced 25% tariffs on both Mexico and Canada (except…
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/ Antitrust & Trade Regulation, Energy & Utilities, International Law & Trade
Great Britain’s Labour Prime Minister Keir Starmer has shaken up the British political scene since July 2024, including making a priority of a “Net Zero” policy regarding energy generation and use in the United Kingdom. Led by…
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/ Elections & Politics, Energy & Utilities, International Law & Trade
Despite a Supreme Court ruling on January 23, there have been no material changes regarding Corporate Transparency Act (“CTA”) filing obligations. As of January 23, current FinCEN guidance is that no entity is required to comply…
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/ Administrative Law, Business Organizations, Finance & Banking
