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CTA Update: Deadline Reinstated and Extended for Entity Beneficial Ownership Information Reports

Jan 3, 2025 | natlawreview.com | Much Shelist

Skip to main content January 03, 2025 Volume XV, Number 3 Legal Analysis. Expertly Written. Quickly Found.
Preliminary Injunction Halts Enforcement of Corporate Transparency Act: What Businesses Need to Know

Jan 3, 2025 | natlawreview.com | Much Shelist

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction precluding the enforcement of the Corporate Transparency Act1 (CTA). The CTA requires domestic and foreign entities created by filing with a secretary of state or foreign entities registered to do business with a secretary of state (i.e., corporations, LLCs, and limited partnerships) to report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN).
CTA Update: Beneficial Ownership Information Reports Once Again Voluntary

Jan 3, 2025 | natlawreview.com | Much Shelist

Reporting companies are not currently required to file Beneficial Ownership Information Reports (BOIRs) with FinCEN. This update follows a December 26, 2024, order from the 5th Circuit Court of Appeals, which reinstated a nationwide injunction against enforcement of the Corporate Transparency Act. The injunction was originally issued on December 3, 2024, but it was vacated by the 5th Circuit Court of Appeals on December 23, 2024.
Illinois Employment Law Changes to Know for 2025

Dec 12, 2024 | natlawreview.com | Much Shelist

By now, Illinois employers can confidently predict that with each new year comes new employment laws, and 2025 will be no different. Among the changes for Illinois employers are expanded protections under the Illinois Human Rights Act (IHRA), new pay transparency obligations, new personnel record and pay stub obligations, and limitations on restrictive covenants in the mental health industry.
Realtor.com ranks Highland, Indiana, 6th-hottest housing market

Aug 29, 2023 | chicagobusiness.com | Dennis Rodkin |Much Shelist

When a three-bedroom ranch house came on the market in mid-July in Highland, Ind., real estate agent Tamara Polisson and her clients pounced on it right away. “We knew they’d be up against other bidders because there’s such a shortage of homes (for sale) all across northwest Indiana — and across the country,” says Polisson, an agent with Realty Executives Premier.
Illinois should bar Trump from ballot on 14th Amendment grounds: Tullman

Aug 24, 2023 | chicagobusiness.com | Howard Tullman |Much Shelist

One of the saddest of former President Donald Trump’s legacies is how he has so often made a mockery of the courts and the law. He understands better than anyone that the courts move painfully slow — even when they aren’t acting corruptly in his interests — and that delay is always in the criminal’s favor.
The Big Ticket: Classical music in an intimate venue, a musical at the country's largest subscription theater and more

Aug 24, 2023 | chicagobusiness.com | Graham Meyer |Much Shelist

Guarneri Hall, an intimate performance and recording venue at 11 E. Adams St., celebrates its fifth anniversary this season as one of the great small spaces for classical and new music in the city. Violinist and violin dealer Stefan Hersh headed the project to custom-build the room. It started as a twinkle in his ear in late 2007 and eventually came together after fits and starts, and a lengthy building process, in 2018.
Chicago real estate transfer tax hike is a blank check for Johnson: Editorial

Aug 23, 2023 | chicagobusiness.com | Much Shelist

Would anyone who has followed Chicago politics for any length of time ever write City Hall a giant blank check? Certainly no one in their right mind. And yet, that's precisely what proponents of the newly redrafted "mansion tax" ordinance would have us do — and they have the added advantage of being able to characterize anyone who opposes their idea as a heartless creature who doesn't care about the homeless people their measure is designed to help.
Much Announces Courtney Mayster as Firm's Next Managing Partner

Apr 12, 2023 | ktla.com | Much Shelist

Much Announces Courtney Mayster as Firm's Next Managing Partner Firm Welcomes Fourth Generation of Leadership, Naming First Woman Managing Partner in 53-Year History , /PRNewswire/ -- Much has proudly named Courtney Mayster as the firm's next Managing Partner.