We are writing with an important update on the Beneficial Ownership Report requirement established by FinCEN. On March 21, 2025, FinCEN announced that it will not enforce any beneficial ownership reporting requirements, penalties, or fines against U.S. citizens or domestic reporting companies or their beneficial owners, and is removing the requirement for U.S. companies and […]
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Category Archives: Corporate
2025 Amendments to California’s Automatic Renewal Law: What Your Business Needs to Know
In today’s digital age, recurring or renewing subscription revenue models are commonplace for companies offering subscriptions, memberships, or ongoing services. Consequently, there are an array of consumer protection statutes in the country governing these business’ renewal practices. One of the most comprehensive of those laws is California’s Automatic Renewal Law (ARL), codified in California Business […]
Read More >The FTC Announces Final “Click-to-Cancel” Rule
The Federal Trade Commission (FTC) issued its final “click-to-cancel” rule (the Final Rule) requiring companies selling services or goods to make it easier for consumers to cancel their enrollment in a subscription. Part of the Final Rule went into effect on January 15th with the majority of the Final Rule becoming enforceable on May 14, […]
Read More >Updates on the Corporate Transparency Act
The Corporate Transparency Act (CTA), a federal law that requires most U.S. businesses to report beneficial ownership information to the US Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) went into effect January 1, 2024, and is already facing legal challenges and questions surrounding its scope. Notwithstanding, the law remains in full force and effect […]
Read More >Website Accessibility Lawsuits
Websites and mobile apps (collectively referred as “websites”) operated by businesses “open to the public” (or places of “public accommodation”) have consistently been required to comply with the American with Disabilities Act (“ADA”), meaning that they must make sure their websites are accessible to people with disabilities. While this has been true for many years, […]
Read More >New CID Laws Summary – 2022
Governor Newsom signed a number of bills into law during the last calendar year that affect common interest developments (“CIDs”), such as homeowners associations and stock cooperative corporations. The topics range from election by acclamation to rental restrictions to urban lot splits. Below is a summary of the three new laws in which we believe […]
Read More >Start Right: Preparing to Sell Your Business from the Beginning
Preparing to sell your business when you first start may seem counterintuitive but doing so will greatly reduce the cost and stress later and will likely help you realize a higher valuation if you do decide to sell. Starting a business is exciting. It’s also expensive. You’ve worked hard to save money to launch the […]
Read More >Alert: Revised Statement of Information Forms for Corporations and Limited Liability Companies
Effective January 1, 2022, the California Secretary of State updated its Statement of Information forms for corporations and limited liability companies in response to Assembly Bill 3075. The revised Statement of Information forms require the filing party to certify whether any officer or any director (or member or manager for a limited liability company) has […]
Read More >Beware Deceptive and Scam Solicitations!
If you have recently incorporated a business or filed for a trademark with the United States Patent and Trademark Office (“USPTO”), this may sound familiar… You receive a notice in the mail purportedly from an official state agency containing an official-looking seal, telling you that you need to file an annual report by a certain […]
Read More >California Consumer Privacy Act
On the heels of the General Data Protection Regulation (“GDPR”), California is rolling out its own revamped privacy legislation in the form of the California Consumer Privacy Act of 2018 (the “Act”). The Act will go into effect on January 1, 2020. Much like GDPR, the Act gives California residents certain additional rights in relation […]
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