This article was written for Commerce Magazine NJ and first appeared here. When the principals of a newly formed partnership, closely held corporation, or limited liability company (LLC) launch their venture together, it is often accomplished without proper documentation. Ideally, that business grows far beyond the wildest expectations of the parties when they launched, years prior. But this is often [...] Read More

The Corporate Transparency Act (“CTA”), effective as of January 1, 2024, requires certain businesses, in the absence of an exemption, to report to the Financial Crimes Enforcement Network (“FinCEN”) of the United States Treasury, information regarding their “beneficial owners.” The CTA intends to create a “database” of these “beneficial owners” for law enforcement to utilize to help investigate and target [...] Read More

This article was written for the ConsensusDocs newsletter and first appeared here. Deadlines are an inescapable part of the construction industry.  Bid deadlines. Submittal deadlines. Material delivery deadlines. Substantial completion.  Final completion. And so, inevitably, fighting about deadlines becomes a necessary byproduct.  Was the deadline really a deadline?  Was the schedule slippage on the critical path?  Should there be an [...] Read More

This article was written for the ConsensusDocs newsletter and first appeared here. The U.S. Environmental Protection Agency (EPA) recently announced a series of significant changes to the rules governing the use of refrigerants in heating, ventilation, and air conditioning (HVAC) systems. These changes, which were promulgated under the American Innovation and Manufacturing (AIM) Act, are designed to phase down the [...] Read More

This article was written for the ConsensusDocs newsletter and first appeared here. Introduction: IRA Boosts U.S. Construction Industry On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the “IRA”) into law. [1] The IRA marked a legislative milestone for clean energy in the United States in part by providing funding mechanisms for clean energy infrastructure projects. This new [...] Read More