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New York Disclosure Requirements

King & Spalding

N.Y. Attorney General Issues Guidance for Internet Privacy Tools

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On July 15, 2024, the Office of the New York State Attorney General (OAG) announced new guidance regarding the use of cookies, tags, and other online user information tracking tools. Although New York does not yet have a...more

Lippes Mathias LLP

New York Poised to More Actively Regulate the Pet Insurance Market

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The New York State legislature recently passed a bill that will, if approved by Governor Hochul, create a regulatory framework for the issuance of pet insurance in New York, mirroring similar legislation enacted in states...more

Jones Day

New York Bankruptcy Court: Lockup Provision in Proposed Settlement Agreement Violated Bankruptcy Code's Disclosure and...

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A bedrock principle underlying chapter 11 of the Bankruptcy Code is that creditors, shareholders, and other stakeholders should be provided with adequate information to make an informed decision to either accept or reject a...more

Trusaic

New York City Is Proposing a Pay Data Reporting Requirement

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The New York City Council is proposing a bill (Int. No. 982) that would require employers to disclose pay data. Under the law, employers with more than 25 employees working in New York City will be required to report to the...more

Cozen O'Connor

New York LLC Transparency Act’s Effective Date Delayed Until January 1, 2026

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As noted in our previous alert on January 22, 2024, the New York LLC Transparency Act (NYLTA) represents a pivotal step in New York State’s regulatory landscape, aligning closely with the federal Corporate Transparency Act...more

Vicente LLP

New York LLC Transparency Act Update

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Enacted in 2021, the Corporate Transparency Act (CTA) took effect on January 1, 2024. With this act, Congress intended to combat illicit activity by requiring certain US businesses to disclose ownership information to FinCEN....more

Jones Day

New York's LLC Transparency Act: What You Need to Know

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On March 1, 2024, New York State Governor Kathy Hochul signed into law a revised version of New York State's LLC Transparency Act, which is modeled on FinCEN's Beneficial Ownership Information Rule. Other states are...more

Mintz - Venture Capital & Emerging Companies...

Important Updates to the New York LLC Transparency Act

Clients with Limited Liability Companies in New York Likely Impacted - The New York LLC Transparency Act (NYLTA) has recently been amended. The key take-aways are as follows: Effective Date has been pushed back a...more

DarrowEverett LLP

Ready for More Corporate Transparency? Understanding the NY LLCTA

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Despite the fact that its constitutionality is currently in legal limbo, the federal Corporate Transparency Act has already had an impact rippling through a number of business sectors, thanks in no small part to the wave of...more

Perkins Coie

Get Ready for the New York LLC Transparency Act

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On March 1, 2024, New York Governor Kathy Hochul signed an amended version of the New York LLC Transparency Act (NYLTA), which was originally signed with provisions for amendments in December 2023. The NYLTA will go into...more

Seyfarth Shaw LLP

New York LLC Transparency Act: What You Need to Know

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On December 22, 2023 the State of New York adopted the New York LLC Transparency Act (as amended to date, the “NY LLCTA”). The NY LLCTA in many respects follows the federal Corporate Transparency Act (together with any...more

Blank Rome LLP

Amendments to New York LLC Transparency Act Delay Effective Date, Among Other Changes

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New York Governor Kathy Hochul last month signed into law amendments to the recently enacted New York LLC Transparency Act (as amended, the “NYLTA”), extending the NYLTA’s effective date from December 21, 2024, to January 1,...more

Proskauer - Law and the Workplace

New York Employers Be Aware – Social Media Access Law Takes Effect

New York employers should take note of a new law that recently took effect that impacts their ability to access applicant and employee social media accounts. The law applies to all employers covered by the New York Labor Law...more

Fox Rothschild LLP

NY Is First State to Mandate LLC Ownership Disclosures

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New York has finalized its own set of disclosure requirements on limited liability companies, or LLCs, similar to those mandated by the federal Corporate Transparency Act (CTA). This makes New York the first state to impose...more

Goulston & Storrs PC

New York LLC Transparency Act Update

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Starting January 1, 2026, the New York LLC Transparency Act (the “Act”) will require limited liability companies (LLCs) formed or authorized to do business in the State of New York to disclose information to the NY Department...more

Mintz - Venture Capital & Emerging Companies...

Compliance with the New York LLC Transparency Act Necessary for Many Mintz Clients

Clients with Limited Liability Companies in New York Likely Impacted - New York Governor Kathy Hochul recently signed the New York LLC Transparency Act (NYLTA) into law. The act, which will become effective on December 21,...more

Kohrman Jackson & Krantz LLP

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...more

Mayer Brown

That’s the Ticket? Plaintiffs’ Lawyers Target Ticketing Service Fees in New York

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Plaintiffs’ counsel have launched a wave of lawsuits against New York venues and ticket platforms, invoking a recently-enacted provision of New York’s Arts and Cultural Affairs Law. According to these lawsuits, these...more

Cozen O'Connor

Credit Card Surcharging Regulatory Changes Create Both Risks and Opportunities for Businesses

Cozen O'Connor on

Credit card surcharging has increasingly gained the attention of consumers, businesses, and regulators over the past few years, and for good reason. As inflation continues to squeeze businesses and consumers alike, many...more

Fox Rothschild LLP

NY State Mandates Disclosure of Credit Card Surcharges

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Under a new law that took effect on February 11, 2024, all “sellers” in New York who apply a credit card surcharge to sales transactions must now comply with certain consumer disclosure requirements. Signed into law by...more

Foley Hoag LLP

The New York LLC Transparency Act (“NYLTA”) is Coming

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Governor Kathy Hochul signed the law in December 2023 setting out disclosure requirements for limited liability companies (“LLCs”) organized or doing business in New York and creating a database of beneficial owners of New...more

Cadwalader, Wickersham & Taft LLP

Nowhere to Run to Baby, Nowhere to Hide: An Overview of the New York LLC Corporate Transparency Act and Its Disclosure...

If you thought you could hide behind your LLC in this new year, think again. Governor Kathy Hochul signed the New York LLC Corporate Transparency Act (the “Act”), which will go into effect in late 2024....more

Troutman Pepper

New York Enacts Credit Card Surcharge Caps and Disclosure Requirements

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Last month, New York Governor Kathy Hochul signed into law Assembly Bill 2672, which both prohibits sellers from charging a credit card surcharge greater than what they are charged by the credit card company and requires...more

Rivkin Radler LLP

NY’s LLC Transparency Act and NYC Real Estate – Albany Wants to Know the Secrets that You Keep[i]

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A national study released in 2015 reported that “nearly half the residential purchases of over $5 million were made by shell companies rather than named people.”[ii] Because shell companies could often be formed without...more

Locke Lord LLP

Who Can Possibly Keep up ‎With All the ‎New Employment ‎Laws in New York?

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Back in May 2022, we wrote about a surge of new employment laws and amendments to existing employment statutes in New York State and New York City. Since then, New York State and New York City have continued to enact a wave...more

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