Client Alerts & Publications
Corporate Transparency Act Update #3: Fifth Circuit Reinstates Nationwide Injunction
Authors: David Polazzi, Brian D. Waller,
Published Date: December 30, 2024
As previously noted, we are continuing to monitor developments with the Corporate Transparency Act (“CTA”). The U.S. Court of Appeals for the Fifth Circuit reversed its own decision and vacated its lifting of the injunction that was previously issued by Judge Amos L. Mazzant III of the Eastern District of Texas. Accordingly, the nationwide injunction is again effective and any [...] Read More
Corporate Transparency Act Update #2: Recent Appeal Reinstates Reporting Obligations
Authors: David Polazzi, Brian D. Waller,
Published Date: December 26, 2024
We have been closely monitoring developments with the Corporate Transparency Act (“CTA”). We had previously advised that on December 3, 2024, a federal court in the Eastern District of Texas issued a preliminary injunction, enforceable nationwide, that enjoined all aspects of the CTA, including the reporting requirements and the compliance deadline. This decision was appealed, and on December 23, the [...] Read More
The Ghosts of Tariffs Past May Help Us in the Future
Authors: Kellie M. Ros,
Published Date: December 23, 2024
This article was written for ConsensusDocs and first appeared here. The havoc material tariffs have caused the construction industry is nothing new. President-Elect Donald Trump imposed heavy tariffs on steel and aluminum in his first administration in 2016. While the tariffs themselves were not wholly unexpected, the ripple effect of those tariffs (coupled with the impacts of the COVID-19 pandemic) [...] Read More
Let’s Get Surety Podcast – #126 Building the Future: AI, Construction and Law
Authors: Denis Serkin,
Published Date: December 16, 2024
Denis Serkin, partner in P&A's New York and New Jersey offices, joins the latest episode of the NASBP podcast “Let’s Get Surety” to delve into the transformative impact of AI on the construction industry and construction law. In this insightful discussion, Denis explores how AI tools are already enhancing design and supply chains and shares his vision for AI's eventual integration [...] Read More
Corporate Transparency Act Update
Authors: David Polazzi, Brian D. Waller,
Published Date: December 10, 2024
There has been a significant legal development with respect to the Corporate Transparency Act (“CTA”). On October 28, 2024, we issued a Client Alert summarizing the reporting requirements under the CTA, including an important deadline of January 1, 2025, for the companies that the CTA applied to complete their reporting obligations or be subject to significant civil and criminal penalties. [...] Read More