Morris Laing News and Articles
Corporate Transparency Act Update
On December 26, the US Fifth Circuit Court of Appeals reversed itself and reimposed a preliminary injunction upon the enforcement of reporting companies’ obligation to file a beneficial ownership information (BOI) report pursuant to the Corporate Transparency Act...
Corporate Transparency Act Update
On December 23, the US Fifth Circuit Court of Appeals reversed a Texas district court’s preliminary injunction, which had temporarily halted enforcement of the Corporate Transparency Act (“CTA”). As a result of the Fifth Circuit’s order, reporting companies are once...
Corporate Transparency Act: Overview of New Reporting Requirements Under the Corporate Transparency Act
The Corporate Transparency Act (CTA) became effective on January 1, 2024. It was passed by Congress in early 2021 as a part of the National Defense Authorization Act. The CTA imposes upon most companies the obligation to report to the Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Department of Treasury, the names and other personal information of the individuals who exercise “substantial control” over registered companies, including certain owners. Does your company need to report?
3 Things You and Your Children Should Know Before Back-to-School
Three Tips to Ensure You and Your Students Have a Successful Academic Year
Our goal at Morris Laing is to keep your life running smoothly. As your children head back to school, here are three tips to ensure you and your students have the most successful academic year.
Sexual Harassment and Your Company: What Should You Be Doing?
Every day brings new headlines and new allegations of sexual harassment levelled at big name individuals in television, Hollywood and Congress. Time spent on social media quickly demonstrates how many women are airing their own stories of harassment. Awareness, and a demand for retribution, is arguably at an all-time high.
Breaking News: Trump Administration Announces End of DACA Program for “Dreamers”
DACA was implemented in 2012 to provide temporary legal status and work authorization to nearly 800,000 “dreamers,” who were brought to the United States as young children, with little or no memory of or connection to their birth countries. Participation in the program was limited to individuals: (1) brought to the U.S. before their 16th birthday; (2) under the age of 31; (3) who continuously resided in the U.S. since June 15, 2007; (4) who were in school, graduated or had obtained a high school diploma, a GED certificate, or were honorably discharged from the Armed Forces; and (5) without a criminal record involving a felony or significant misdemeanor.