My post of March 14 discussed pending legislation in Delaware to stop the migration of companies from that State to jurisdictions less protective of shareholder rights (such as Texas and Nevada). These new laws have just been passed, with Delaware … Continue reading
Stephen Honig
It may be confusing, if you are not a lawyer with securities law background, to understand some of the current chatter about Crypto and whether it is a security such that it need be registered with the SEC. Before the … Continue reading
By now all should know that CTA is shorthand for a program requiring a federal filing of ownership and control for businesses in the United States which are below a size threshold. No doubt many readers here have control or … Continue reading
You have likely noted that Elon Musk, and many other CEOs, have been moving their corporate registration to Texas, which has shall we say more management-friendly laws than Delaware. What you likely did not know is that 20% of Delaware’s … Continue reading
It is no secret that the current Administration is attempting to dismantle DEI initiatives. It is also to be noted that the 2023 Supreme Court case involving Harvard made clear that Federal funding was at risk for DEI-adherent institutions, and … Continue reading
Since my most recent post on February 20 concerning CTA, the Feds have issued two more announcements, described below. The chaos in this Administration, and the confusion it breeds both here at the law office end and without question among … Continue reading
Yesterday the Federal Government reinstated the obligation for most US companies regardless of form (Corporation, LLC, certain Trusts) to file a detailed report of ownership, control and rights to benefit. For those who have not yet filed in hopes that … Continue reading
First, apologies for not posting for a while but have been traveling and also working on my publishing; most recent book of poetry, Unrequited Evils, is now available at Amazon books and as always I am appreciative for your support … Continue reading
As just about everyone is aware, Federal law requires filing for many companies a report setting forth the ownership and control of these companies. This is a requirement generally referred to as “CTA.” For entities existing before 2024, the deadline … Continue reading
This seventh and final post addresses issues for corporate boards, in light of issues raised at the November 20 NACD–New England program discussing the impact of the election on business. Fo Are you a winner or a loser? The panel … Continue reading