Corporations
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Alabama Federal Court Declares Corporate Transparency Act Unconstitutional
But the ruling is not applicable to all businesses On March 1, 2024, a significant development arose in the ongoing saga of the Corporate Transparency Act (CTA). In a landmark decision, the U.S. District Court for the Northern District of Alabama, in National Small Business United d/b/a National Small Business Association v. Yellen, No. 5:22-cv-01448-LCB…
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New Federal Law Requires Disclosure of Beneficial Ownership Information of All Entities, Old and New
As of January 1, 2024, a significant change has impacted American businesses with the implementation of the federal Corporate Transparency Act (CTA). This law requires many businesses to disclose information about their beneficial owners, individuals who ultimately control or own 25% or more of the company’s interest. This is by the filing of a report…
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You Didn’t Get Served – Mattress One v. Sunshop Properties
I’m sure you all remember the 2004 smash hit and box office success, You Got Served. The film’s depth of plot is rivaled only by its extravagant choreography and magnificent soundtrack. Aside from its Oscar-worthy qualities, this film will stand, for eternity, as a cautionary tale of why one should never work for a drug…
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A creditor by any other name: Avant Capital, LLC v. Gomez
“A rose lender by any other a slightly different name would smell as sweet still be able to foreclose.” Shakespeare 4th DCA (more or less) Florida’s 4th District Court of Appeals has held that the omission of the word “corporation” from a corporation’s name as it appears on various mortgage loan documents, did not render…