Wednesday, March 5, 2025
By: John Fuchs, Rachel Sterbenz, Tate Thompson, and Nida Rais The Corporate Transparency Act (“CTA”) is yet again making headlines. As we previously reported, the Financial Crimes Enforcement Network (“FinCEN”) recently extended the CTA reporting deadline to March 21, 2025, for most reporting companies. However, since then, FinCEN announced they will not penalize individuals or […]
Tuesday, February 25, 2025
By: John Fuchs, Rachel Sterbenz, and Tate Thompson The rollercoaster that is the Corporate Transparency Act (“CTA”) continues. In short, Reporting Companies (as defined by the CTA) are once again required to file beneficial ownership information reports (“BOIRs”) with the U.S. Treasury’s Financial Crimes Enforcement Network (“FinCEN”), and FinCEN has extended the reporting deadline to […]
Friday, January 24, 2025
By: John Fuchs, Rachel Sterbenz, and Tate Thompson As we initially reported, the Corporate Transparency Act (“CTA”) took effect on January 1, 2024, requiring Reporting Companies (as defined by the CTA) to file beneficial ownership information reports (“BOIRs”) with the U.S. Treasury’s Financial Crimes Enforcement Network (“FinCEN”). Throughout 2024, multiple plaintiffs challenged the constitutionality and […]
Friday, December 27, 2024
By: John Fuchs, Rachel Sterbenz, Nida Rais, and Tate Thompson This Client Alert provides latest information in what continues to be the most unexciting developing news story any of us has ever followed. As the saying goes, “Don’t shoot the messenger!” Long story short / TLDR (too long didn’t read), the U.S. Court of Appeals […]
Tuesday, December 24, 2024
By: John Fuchs, Rachel Sterbenz, Nida Rais, and Tate Thompson As we previously reported, on December 3, 2024, in Texas Top Cop Shop, Inc. v. Garland, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against the Corporate Transparency Act (“CTA”), pausing the requirement for a Reporting Company (as […]
Monday, December 9, 2024
By: John Fuchs, Rachel Sterbenz, Nida Rais, and Tate Thompson As previously reported, the Corporate Transparency Act (“CTA”) took effect on January 1, 2024, requiring many businesses to file a beneficial ownership information report (“BOIR”), including general information about the company and sensitive personal information of its “company applicants” and “beneficial owners.” Under the CTA, […]
Wednesday, October 2, 2024
Seigfreid Bingham is pleased to announce a new shareholder in the firm, Emily Crane. Emily joined Seigfreid Bingham in 2019 as an associate in the firm’s Corporate Law practice group.
Monday, October 30, 2023
By: Tate Thompson, Nida Rais, Rachel Sterbenz, and John Fuchs Beginning January 1, 2024, the Corporate Transparency Act (“CTA”) will require the majority of businesses (corporations, limited liability companies, and other business entities) to report beneficial ownership information to the Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”). These requirements will particularly impact small […]
Monday, April 10, 2023
Seigfreid Bingham is pleased to announce that Michael E. Griffin and Robert D. Maher have joined the firm as Shareholder attorneys in the corporate law practice group and several industry groups.