FinCEN’s proposed extension of the Corporate Transparency Act reporting deadline would provide needed additional time so new companies likely would not have to immediately update their initial filings. However, the extension would be temporary and would not address other challenges presented by the Act.
Read MoreMaryland now recognizes an independent cause of action for breach of fiduciary duty by majority members.
Read MoreThe implied covenant of good faith and fair dealing exists, at least to some extent, in every state's law. Yet, parties often do not consider the implied covenant's impact when negotiating and performing contracts.
Read MoreAt year-end, businesses and real estate investors should inventory their special purpose entities and decide whether they continue to be necessary.
Read MoreSeparate classes in a limited liability company can be created to comprise a unified equity financing structure, which can increase the stability of a business or investment.
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