Insights

Updates to Beneficial Ownership Information Reporting Deadlines – Beneficial Ownership Information Reporting Requirements Now in Effect, with Deadline Extensions

Earlier this month, we reported that the U.S. District Court for the Eastern District of Texas issued a preliminary injunction staying the enforcement of the Corporate Transparency Act (CTA) and its Reporting Rule. This week the Federal Court of Appeals for the 5th Circuit decided that reporting companies are required to file their beneficial ownership information with FinCEN.

Rules and Lawsuits and Injunctions, Oh My!

Insights, Adam N. Hirsch

What is the practical effect of two recent FLSA rulings?

In recent months, two different courts sitting in Texas have issued headline-grabbing rulings interpreting the Federal Fair Labor Standards Act (“FLSA”).

Preliminary Injunction on CTA Enforcement and Reporting Rule

Joan T. Berg, Insights

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction staying the enforcement of the Corporate Transparency Act (CTA) and its Reporting Rule. The effect of the injunction is nationwide.

An Agreement Not to Agree?

Insights, Adam N. Hirsch, Employment Spotlight

Does an Employer’s Written Disclaimer Automatically Bar an Employee’s Illinois Wage Act Claim? The Seventh Circuit says “no.”

Chicago’s Commercial Leasing Market: Adapting to the Current Market Landscape / Revisions to Model National Venture Capital Association Documents and Amendments to Delaware Corporate Law (Fall 2024)

Sensible Solutions, Insights

Litigation or Arbitration: Which is Better? You Be the Judge!

Insights, Daniel E. Beederman, Sales Rep Articles

Each of these dispute resolution avenues includes certain advantages and disadvantages of which you need to be aware.

Action Required for Buy-Sell Agreements

Insights, J. Christian Manalli

Insured buy-sell agreements have long been a key component for succession planning for closely held businesses. A buy-sell agreement is a legal contract that sets forth the terms for the transfer of a deceased owner’s share of the company on death.

Texas Federal Judge Blocks FTC Non-Compete Ban

Insights, Marc K. Pawlus

As we discussed in our July 16, 2024 bulletin update, a Texas judge issued an opinion blocking the Federal Trade Commission’s (“FTC”) Rule which had been set to take effect September 4, 2024 banning most employment non-compete agreements. That decision limited the injunction to the plaintiffs filing suit in Ryan, LLC v. FTC, No. 3:24-CV-00986 (N.D. Tex.).

SFBBG Attorneys Appear Before Yorkville City Council Over Property Concerns of Client

Insights

On July 23, SFBBG Attorneys Monica Shamass and Marc Pawlus appeared before the Yorkville City Council to voice concerns over the annexation and rezoning of farmland directly adjacent to our client’s property.

The Illinois Human Rights Act Puts Employers Utilizing AI on Notice

Insights, Kelly M. Cronin

Last week, Governor J.B. Pritzker signed into law an amendment to the Illinois Human Rights Act that: 1) prohibits employers from utilizing artificial intelligence (“AI”) in a manner that discriminates against its employees or applicants, and 2) requires companies to disclose any use of AI for hiring purposes to its employees.

Updates to Beneficial Ownership Information Reporting Deadlines – Beneficial Ownership Information Reporting Requirements Now in Effect, with Deadline Extensions

Rules and Lawsuits and Injunctions, Oh My!

Preliminary Injunction on CTA Enforcement and Reporting Rule

An Agreement Not to Agree?

Litigation or Arbitration: Which is Better? You Be the Judge!

Action Required for Buy-Sell Agreements

Texas Federal Judge Blocks FTC Non-Compete Ban

SFBBG Attorneys Appear Before Yorkville City Council Over Property Concerns of Client

The Illinois Human Rights Act Puts Employers Utilizing AI on Notice

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