On Monday, December 23rd, a federal appeals court issued a ruling reinstating reporting requirements under the Corporate Transparency Act (“CTA”), with the Treasury Department’s FinCEN extending key deadlines to accommodate the recent legal uncertainty.
Last week, the US District Court for Eastern District of Texas ruled on reporting under the Corporate Transparency Act, issuing a nationwide injunction against its enforcement. The CTA otherwise required entities to report Beneficial Ownership Information on or before January 1, 2025. While this injunction is not permanent, we will suspend filings for companies until the injunction is overturned on appeal.
Kotz Sangster Wysocki P.C., a leading business law firm based in Detroit, has announced that attorney Douglas Eyre has joined the firm in its Detroit office. Eyre is a seasoned attorney, bringing over 20 years of experience in construction law and commercial litigation to the firm.
Kotz Sangster attorneys have been recognized as 2024 Michigan Super Lawyers and Rising Stars.
On Tuesday, April 23, 2024, the FTC published a final rule banning new non-compete clauses in employment contracts with all workers after its effective date. The rule goes into effect 120 days following its publication in the Federal Register. Existing non-compete agreements, except for those covering senior executives, are unenforceable after the effective date.
With the recent announcement of the 2024 Oscars nominees, showings and re-showings of the movies that received a nod from the Academy will be prevalent in the coming months. But it is important to remember that public movie showings are strictly controlled by the U.S. Copyright Act, which grants the exclusive right to authorize public showings of copyrighted works to their owners. Read this overview of how copyright applies to "public" movie showings.
Firearm ownership is at the center of many legal discussions and debates in the US, including how individuals can legally procure guns. Gun trusts are one way of legally and more easily transferring firearm ownership between individuals. Here's an overview of what gun trusts are, their benefits, and some of the key insights to know about drafting a binding gun trust.
Fourteen attorneys at Kotz Sangster have been recognized by DBusiness Magazine as "Top Lawyers" in Metro Detroit.
Kotz Sangster has been recognized in Michigan's regional-specific areas by Best Law Firms®, ranked by Best Lawyers in America®. Additionally, thirteen of the firm's attorneys have been recognized in the 30th Edition of Best Lawyers and another four in the 4th Edition of Best Lawyers: Ones to Watch.
Intellectual property is one of the most often overlooked assets on the balance sheets of businesses today. The intangible nature of these assets leaves them susceptible to being out of sight, out of mind, and, therefore, unprotected. The following 3-step assessment is a great start toward identifying and protecting your intellectual property asset portfolio.