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.
Litigation surrounding a breach of contract is rarely as simple as it may superficially seem. While the breach itself can be cause for legal action, it does not take into account the additional torts endured by the plaintiff resulting from it.
In this piece for the Michigan Bar Journal, Kotz Sangster lawyer Jovan Dragovic explores how historical Michigan cases have addressed the simultaneous liability of the defendant for both breach of contract and any tangentially-related damages that result from that breached contract.