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By: Margaret Karakashian, Esq. On December 3, 2024, the U.S. District Court for the Eastern District of Texas in Texas Top Cop Shop, Inc., et al. v. Garland et al. granted a nationwide injunction enjoining the Federal Government from enforcing the Corporate Transparency Act (“CTA”). The Federal Government promptly appealed the lower […]
By Scott Atwood, Esq. In a recent legal development, a federal judge in Texas invalidated a Biden administration rule that aimed to expand overtime pay eligibility for certain salaried employees. U.S. District Judge Sean Jordan ruled that the Department of Labor (DOL) exceeded its authority in proposing changes to the […]
By: Margaret Karakashian, Esq. The Financial Crimes Enforcement Network (“FinCEN”) has extended the deadline for filing Beneficial Ownership Information Reports (“BOIR”) for certain victims of Hurricane Milton. In order to qualify for the six-month extension, a reporting company (“Reporting Company”) must meet two requirements. First, the current deadline for the […]
By: Colten Thomas, Esq. Florida’s newly effective House Bill 1049 (“HB 1049”) ushers in an additional requirement for sellers of residential real estate: to disclose potential flood risks. Beginning on October 1, 2024, sellers must complete a “Flood Disclosure” form before executing a sales contract, marking a shift toward greater […]