On Monday, December 23, 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.
The City Council of Farmington Hills supported Mayor Ken Massey’s recommendation that attorney George Curran be appointed to the city’s Brownfield Redevelopment Authority. Mayor Massey has extended his thanks to George for his commitment of service to not only this board but to the community. George is a resident of Farmington Hills. He will serve in this capacity until February 1, 2017.