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
Category Archives: The Law
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
Today, the United States Department of Justice is litigating against the largest tech companies, claiming they constitute illegal monopolies. This also is not just a Democratic-party aggressive liberal effort at control: in 2019 the Trump DOJ launched investigations of Google, … Continue reading
After a summer spent on the law practice and some time on the Cape, it is time to pick up the cudgel of posting on the law and, as the name of this site suggests, also about anomalies. Which brings … Continue reading
A new Delaware law effective August 1 but applying retrospectively, overturning a contrary court decision, makes it clear that when investors in a Delaware-formed company obtain contractual rights which limit what that corporation can do, those “negative covenants” are in … Continue reading
That college athletes can be paid has become common knowledge and widely reported. What has escaped careful analysis is the May settlement by the NCAA of three antitrust law suits claiming damages for prior failure to compensate college athletes. First, … Continue reading
Delaware law is known to be friendly to management and to boards of directors. Company founders and investors long have favored Delaware corporate law as being best for establishing good governance, predictability of result, and freedom from strike suits by … Continue reading
First, there is no rush for employers or employees to react; the original FTC Rule was to take effect after 120 days of publication, but as anticipated litigation has been entered by several parties including the US Chamber of Commerce … Continue reading
The adopted FTC Rule voids all present and future employee non-comps after a 120 day waiting period. This Rule will surely be challenged in court and such a challenge likely will delay implementation. It should be noted that the scope … Continue reading