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Kotz Sangster Team Swims to Raise Funds for Cancer Research
This July, Carolyn Wood, one of our legal assistants, attorney Ed Boucher, his son, Noah and other supporters participated in the Motor City Mile Open Water Swim hosted by Swim Across America. Supporters and swimmers came together to raise funds for SAA’s beneficiary, the University of Michigan Rogel Cancer Center. We are honored to have sponsored this transformative event and are proud of everyone who represented our firm. Together, support for Swim Across America can help make waves as the organization aims to innovate cancer research, clinical trials and patient programs.
UPDATE: Ruling for CTA Implementation Reinstated
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.
Ruling Update for Corporate Transparency Act (CTA) Implementation
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.
