There has been a significant legal development with respect to the Corporate Transparency Act (“CTA”). On October 28, 2024, we issued a Client Alert summarizing the reporting requirements under the CTA, including an important deadline of January 1, 2025, for the companies that the CTA applied to complete their reporting obligations or be subject to significant civil and criminal penalties. [...] Read More

Enacted in 1863 during the Civil War to combat “stupendous abuses” in the sale of provisions and munitions to the War Department, the False Claims Act (the “FCA”) imposes civil liability on those who knowingly submit or cause to submit false claims to the government. The qui tam provision of the FCA allows a private party (known as a relator) [...] Read More

This article was written for Commerce Magazine NJ and first appeared here. When the principals of a newly formed partnership, closely held corporation, or limited liability company (LLC) launch their venture together, it is often accomplished without proper documentation. Ideally, that business grows far beyond the wildest expectations of the parties when they launched, years prior. But this is often [...] Read More

The Corporate Transparency Act (“CTA”), effective as of January 1, 2024, requires certain businesses, in the absence of an exemption, to report to the Financial Crimes Enforcement Network (“FinCEN”) of the United States Treasury, information regarding their “beneficial owners.” The CTA intends to create a “database” of these “beneficial owners” for law enforcement to utilize to help investigate and target [...] Read More

This article was written for the ConsensusDocs newsletter and first appeared here. Deadlines are an inescapable part of the construction industry.  Bid deadlines. Submittal deadlines. Material delivery deadlines. Substantial completion.  Final completion. And so, inevitably, fighting about deadlines becomes a necessary byproduct.  Was the deadline really a deadline?  Was the schedule slippage on the critical path?  Should there be an [...] Read More