top of page
MagStone News
-
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.
-
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.
-
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.
-
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.
-
On October 4, 2023, U.S. Deputy Attorney General Lisa Monaco announced a new Safe Harbor Policy by the Department of Justice (DOJ) regarding mergers and acquisitions (M&A).
-
On October 10, 2023, the U.S. Securities and Exchange Commission (SEC) adopted amendments to the beneficial ownership reporting rules under Sections 13(d) and 13(g) of the Securities Exchange Act of
-
California lawmakers are advancing Assembly Bill 2432 (AB 2432), which aims to impose harsher penalties on corporations convicted of felonies and misdemeanors.
-
President Biden recently signed Executive Order 14117, titled "Preventing Access to Bulk Sensitive Personal Data and Government-Related Data of the United States by Countries of Concern," directing the U.S. Department of
-
The U.S. Department of Labor (DOL) has announced significant updates to the federal salary thresholds for exempt employees. These changes will be implemented in two phases, taking effect on July 1, 2024, and January 1, 2025, respectively.
-
On July 8, 2024, the Financial Crimes Enforcement Network ("FinCEN") updated its Frequently Asked Questions ("FAQs") (see items C.12-C.14 and D.17) to clarify that the Beneficial Ownership Information ("BOI")
bottom of page