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The U.S. Federal Trade Commission (FTC) recently announced the adoption of regulations barring the use of non-compete clauses in employment relationships. This regulation, expected to go into effect this summer, would effectively void all employer-imposed...
Philanthropically minded individuals have become increasingly inclined to utilize a Donor-Advised Fund or DAF as a way to manage their charitable giving. DAFs can allow donors to make a contribution to the DAF which will then be managed and invested and the donor...
On December 22, 2023, the New York LLC Transparency Act (NYLTA) was enacted, in many ways mirroring the federal Corporate Transparency Act (CTA) also passed in 2023. Both laws require businesses to disclose “beneficial ownership” information to help combat money...
Starting in 2024, legal entities must disclose certain ownership information as provided by the Corporate Transparency Act (CTA). The CTA went into effect on January 1, 2024, and requires that entities register their “beneficial owners” with the Financial Crimes...
Wiretapping may seem like something that only happens when the government is investigating a crime but it occurs all the time by everyday people. Spouses, business partners, employers and employees, businesses and their competitors, and parties to a lawsuit may be...
Buy-sell agreements offer business owners an important tool for succession planning. If there are multiple owners or partners and one of them departs voluntarily or involuntarily, problems can arise if there has been no planning to address what happens to the...