by Jeffrey Blankstein On January 1, 2024 (in approximately five months), the Corporate Transparency Act (CTA) [1] takes effect. In my previous article [2], I reviewed why the Act was passed, which entities were affected by the Act, who must file, who is exempt from filing, and when the filings...
By Mark H. Moore Both state and federal courts have adopted the “internal affairs doctrine” for disputes among or between a corporation and its directors, officers, and shareholders. Under this approach, courts generally apply the substantive law of the state of incorporation to such disputes, because “application of that body...
Two and half years ago, Congress passed a law that would not take effect for three years. Many people did not pay attention to this law, since it did not affect anyone at the time, even though the law would affect nearly all business entities in the country. The law...