On April 23, 2024, the Federal Trade Commission (the “FTC”) issued a final rule available HERE determining that non-competes in the United States are anti-competitive and, therefore, will be federally banned effective 120 days after the rule is published in the...
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Why Your Company Should Act Now on the Corporate Transparency Act
On January 1, 2024, the requirements of the Corporate Transparency Act (“CTA”) took effect. Under the CTA, many small and mid-sized businesses are required to file reports disclosing information about their business and its ownership, called “Beneficial Ownership...
Why Corporations Should Use Shareholders’ Agreements
While not all corporations have shareholders’ agreements, there are compelling reasons why they should. Shareholders’ agreements are a critical and often overlooked component of corporate governance. These legally binding documents outline the rights, responsibilities, and obligations of shareholders in a corporation.
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