Written by: Aaron E. Kacer and Steven T. Lawrence After more than a year of regulatory changes, court decisions, suspensions, reinstatements, and revised guidance, the CTA appears to have reached a significant milestone. For many domestic businesses, the uncertainty surrounding beneficial ownership reporting may finally be coming to an end (at least for now). …
Article by: Chelsea L. Gulinson & Cober C. Plucker It’s fun to use generative artificial intelligence to see what your pet might look like as a cartoon. It’s not so fun to be sanctioned for using AI-hallucinated cases in a legal brief. Like it has with many industries, AI has rapidly transformed the legal profession.…
By: Ian M. Stanford and Steven T. Lawrence Artificial intelligence (AI) is becoming increasingly embedded in business operations across all industries. A McKinsey survey in late 2025 found that 88 percent of companies reported using AI in at least one business function.[1] AI poses unique risks for companies that contract with supply chain or information…
Physician groups are frequently approached with “business opportunities” that sound routine, such as equipment leases, administrative services agreements, space rentals, and networking events. But all too often, those offers are really just dressed-up referral schemes that can land physicians in trouble. Two recent federal cases are important reminders that when it comes to vendor relationships,…
CORPORATE TRANSPARENCY ACT UPDATE As we near the end of the first quarter of 2026, the CTA continues to generate confusion. Over the past year, business news headlines were flooded with the CTA articles at a rapid pace – from “CTA Reinstatement” to “CTA Enjoined,” “CTA Suspended,” and “New Interim Final Rule” – as a…
On March 21, 2025, FinCEN announced the release of a new interim final rule that removes the beneficial ownership reporting requirements for companies formed in the U.S. and U.S. persons under the CTA. On March 26, 2025, the new interim final rule was published in the Federal Register and FinCEN published a Q&A offering additional…
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