October 15, 2024
Sometimes in life we are fortunate to meet someone who dedicates everything to a higher calling. For me, this person was David Breaux. While he had few financial resources, David was, by every measure that counts, a rich man. A Stanford graduate, David committed his life to compassion and to inspiring others to compassion. He […]
October 14, 2024
A significant question pending under the recently effective Corporate Transparency Act (“CTA”) is whether a limited liability partnership (“LLP”) is a “reporting company” as defined in the CTA and the related “Reporting Regulations.” Classification as a reporting company has the effect of ab initio subjecting the firm to the beneficial ownership information reporting obligations of […]
October 8, 2024
Earlier this year we started issuing a series of SKO Insiders on the Corporate Transparency Act, which requires most businesses to file a federal report with information about its “beneficial owners” and other details. Then, a federal District Court in Alabama found the CTA to be unconstitutional, but issued relief to only the members of […]