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3 weeks ago | 
mondaq.com | Daniel Desmond |Anthony Austin |Charmaine E. Nyman
On March 21, 2025, the Financial Crimes Enforcement Network("FinCEN") issued an Interim Final Rule(the "Interim Rule") removing Beneficial OwnershipInformation Reporting ("BOIR") requirements for U.S.companies and U.S. individuals under the Corporate Transparency Act(the "Act").
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1 month ago | 
mondaq.com | Daniel Desmond |Charmaine E. Nyman |Anthony Austin |Caitlin Long
On March 2, 2025, the U.S. Department of the Treasury("Treasury" or "the Treasury Department")announced it will not enforce penalties against U.S. citizens anddomestic reporting companies for failure to file BeneficialOwnership Information Reports ("BOIRs") under existingregulatory deadlines and under forthcoming rule changes expectedpursuant to the Corporate Transparency Act (the "Act").
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1 month ago | 
mondaq.com | Daniel Desmond |Charmaine E. Nyman |Anthony Austin
On February 27, 2025, FinCEN announced that it will no longerimpose penalties on Reporting Companies that fail to meet deadlinesfor filing their Beneficial Ownership Information Reports("BOIRs"), as required by the Corporate Transparency Act(the "Act"). The Department of Treasury's FinancialCrimes Enforcement Network's ("FinCEN") announcementalso stated that it intends to extend the March 21, 2025 filingdeadline in a to-be-issued Interim Final Rule.
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Jan 15, 2025 | 
theunion.com | Daniel Desmond
Your article on January 2 was a great capture of upcoming developments in Nevada County. The stark picture of the Loma Rica Ranch Development on the cover was interesting. I wonder how many Grass Valley and/or Nevada County residents see this as a positive development. Has a survey ever been done of citizens’ views? The progress on this development has been slow and sketchy. The wood perimeter fence constructed around parts of the development seems like a fuse to spread fire from lot to lot.
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Jan 9, 2025 | 
mondaq.com | Daniel Desmond |Charmaine E. Nyman
UPDATE: A decision by the Fifth Circuit Court of Appealson December 23, 2024 lifted the preliminary injunction. FinCENresponded by extending the January 1, 2025 compliance deadline forexisting Reporting Companies until January 13, 2025, and alsogranted extensions to certain Reporting Companies formed in thefourth quarter of 2024.
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Jan 9, 2025 | 
mondaq.com | Daniel Desmond |Charmaine E. Nyman |Caitlin Long
On December 26, 2024, the United States Court of Appeals for theFifth Circuit reinstated the nationwide preliminary injunctionblocking enforcement of the Corporate Transparency Act (the“Act”). This decision comes just three days after anorder from a separate panel of judges from the same Court was issued to stay the preliminary injunction and whichhad, temporarily, reinstated compliance requirements under the Act.
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Jan 9, 2025 | mondaq.com | Daniel Desmond |Charmaine E. Nyman |Caitlin Long
On December 26, 2024, the United States Court of Appeals for theFifth Circuit reinstated the nationwide preliminary injunctionblocking enforcement of the Corporate Transparency Act (the“Act”). This decision comes just three days after anorder from a separate panel of judges from the same Court was issued to stay the preliminary injunction and whichhad, temporarily, reinstated compliance requirements under the Act.
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Jan 9, 2025 | 
mondaq.com | Daniel Desmond |Charmaine E. Nyman
UPDATE: A December 26, 2024 decision by a separatemerits-panel of the Fifth Circuit Court of Appeals has lifted thestay of the preliminary injunction originally granted by themotions-panel of the Fifth Circuit on December 23, 2024. Thisdecision halts compliance requirements for Reporting Companiesunder the Corporate Transparency Act, including the submission ofBeneficial Ownership Information Reports ("BOIR"). Please see our latest alert for moreinformation.
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Nov 27, 2024 | 
dailycardinal.com | Daniel Desmond
Predictions for the remainder of the Wisconsin men’s basketball regular season. The Badgers men’s basketball team is off to a surprising 8-0 start to begin the year and are currently ranked No. 11 in the most recent AP Poll. With a blowout win against Arizona and commanding victories over the University of Central Florida and the University of Pittsburgh to win the Greenbrier Tip-Off Tournament, the Badgers have an impressive early season resume.
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Nov 9, 2024 | 
dailycardinal.com | Daniel Desmond
Although no clear distribution of pay has been announced by UW Athletics, one can expect that the majority of direct pay will be allotted to the football and men’s basketball teams. The college sports landscape is set for another compensation shift as a $2.78 billion settlement in the House v. NCAA class-action lawsuit, involving three antitrust cases against the NCAA and Power Five conferences brings two new pay structures for the 2025-26 season.
