After nearly two years of changing deadlines, court rulings, and regulatory developments, the Corporate Transparency Act (“CTA”) roller coaster has finally rolled to a halt for U.S. companies and U.S. persons.
Third-party litigation funding has transformed how law firms finance cases—but it comes with serious ethical considerations that aren’t always clear or obvious.
Future amendments to the Federal Rules of Civil Procedure may make it easier to use remote witness testimony in federal civil trials. The Advisory Committee in charge of proposing Civil Rules amendments recently signaled that we are headed in that direction.
The U.S. Treasury announced a temporary suspension of Corporate Transparency Act (CTA) enforcement for U.S. citizens, domestic reporting companies, and their beneficial owners, and indicated it intends to narrow the CTA’s scope so that the reporting requirements apply only to foreign reporting companies.
