CORPORATIONS LLCs and LPs: New Federal Beneficial Ownership Interest Report Required The recently enacted Corporate Transparency Act mandates filing a Beneficial Ownership Interest Report and marks a significant shift in how ownership interests must be reported to the federal government. The law aims to enhance transparency and curb illicit activities,...
TOOLS FOR BUSINESSES Corporate restructurings, operational revamping of business entities, and partnership disputes sometimes require out-of-the-box resolutions. Depending on the situation, we have placed a Chief Restructuring Officer, obtained a court receiver, placed an independent director on the board, and used other tools to solve business problems. If the goal...
BUSINESSES ARE FILING BANKRUPTCY AT THE FASTEST PACE SINCE THE PANDEMIC Corporate bankruptcies are surging. June saw the highest monthly bankruptcy filings since 2020. Supply chain issues continue; consumers are spending less; and retailers are closing brick and mortar locations. The pandemic stimulus set off a shopping spree that lasted...
ChatGPT Is Changing the Business World What Does That Mean for The Future of Your Business? ChatGPT is a HOT TOPIC as it can research and write things for you. It was developed by research institute OpenAl and was opened for the public to use for free as artificial intelligence...