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.
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 31st Edition of Best Lawyers and another four in the 4th Edition of Best Lawyers: Ones to Watch.
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.
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.
Kotz Sangster attorneys have been named as 2023 Michigan Super Lawyers and Rising Stars.
The Michigan Supreme Court has overruled the lower court’s ruling in the case of MSSC Inc. v. AirBoss Flexible Products Co., setting an new precedent for business relationships between material buyers and sellers that directly impacts industrial suppliers and buyers alike. Both should take immediate action to review their existing contracts, paying close attention to the language and clarifications. Read on for more information.