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MagStone News
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Important Notice: Submit the BE-12 Benchmark Survey Promptly
September 24, 2024 This is a reminder that the deadline for submitting the BE-12 Benchmark Survey for Foreign Direct Investment (FDI) in the United States is approaching. As you may know, under the regulations of the U.S. Department -
Corporate Transparency Act Final Rules to Take Effect Next Year
September 24, 2024 Effective January 1, 2024, most new and existing corporate entities in the United States will be required to file beneficial ownership reports with the federal government. These comprehensive requirements are part of the -
FinCEN Issues First Guidance on Reporting Requirements for Corporate Beneficial Ownership
September 24, 2024 Financial Crimes Enforcement Network (FinCEN) issued its first guidance on the reporting requirements for corporate beneficial ownership, aiming to help the public, especially small businesses, better understand the beneficial ownership reporting regime. -
Delaware's Latest Ruling Emphasizes Class Voting Requirements for Multi-Class Stock Companies in Charter Amendments
September 24, 2024 A recent ruling by the Delaware Court of Chancery serves as a reminder to multi-class stock companies that a simple majority vote may not be sufficient for certain amendments to the corporate charter. -
Proposed 2023 Amendments to Section 204 of the Delaware General Corporation Law
September 24, 2024 The Delaware Senate recently passed a bill proposing significant amendments to the Delaware General Corporation Law (DGCL), including revisions to Section 204 aimed at streamlining the ratification process for defective corporate acts. -
Appealing a Denial of a Motion to Compel Arbitration Automatically Stays Federal District Court Proceedings
September 24, 2024 On June 23, 2023, the U.S. Supreme Court ruled in Coinbase, Inc. v. Bielski that an appeal of a federal district court's denial of a motion to compel arbitration automatically stays the district court's proceedings.
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