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 helped to make the Christmas season a bit brighter for a number of families in need this year. The initiative was undertaken in support of the adopt-a-family program sponsored by the firm’s friends at The Salvation Army.
Through the generous donations of attorneys and staff, an assortment of toys, books and clothing items, including pajamas and winter coats for the little ones, was purchased and wrapped. Additionally, each family received gift cards so that they could continue shopping for those special items throughout the holidays.
Waiting for The Salvation Army’s holiday helpers to arrive and pick up the gifts are: (seated) Jeff Sangster and Greg Wysocki; (standing, left to right) Courtney Ciullo, Carrie Bechill, Sherri Thieme, Jaime Hopko, Leslie LaVerdiere, Ed Boucher, Jean Irwin, Marlene DeLorme, Dennis Egan, Louise Evans, Jacqueline Kaltz, Chase Cantrell, Bruce Margulis, David de Reyna, Chris Ferlito, George Curran and Lene Viculin.