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, along with partners from Plante Moran, presented on the topic of “Attracting, Developing and Retaining Talent” during the Michigan Infrastructure and Transportation Association’s 2016 Annual Conference at the Soaring Eagle Resort in Mt. Pleasant, Michigan. Moderated by Ed Boucher, speakers included John Below and Sean McNally. The presentation included information and data regarding company culture, recruiting and developing employees, non-compete agreements, and labor shortage challenges in a difficult labor market, as well as their impact on the heavy construction industry.
Also attending this year’s MITA conference was attorney Jeff Sangster. Along with Sean McNally and Ed Boucher, and joined by colleagues at Guy Hurley Insurance & Surety Services, he co-hosted an evening reception for clients and friends of both firms.