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Although language concerning how a contract, such as an LLC Operating Agreement, can be amended is frequently buried toward the end of the agreement, often in so-called "boilerplate," it should be carefully considered, or surprises can ensue. For example, I-10, Ltd. was a Colorado limited partnership engaged in real estate development with a general partner and multiple limited partners, including Fox.
On December 3, 2024, the U.S. District Court for the Eastern District of Texas granted a nationwide preliminary injunction barring enforcement of the Corporate Transparency Act (CTA)1 and its key implementing regulations (Reporting Rule)2 requiring all CTA “reporting companies” to submit required beneficial ownership information to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN.) Key Takeaways In contrast to an earlier decision by a federal district court...
On December 3, 2024, the U.S. District Court for the Eastern District of Texas granted a nationwide preliminary injunction barring enforcement of the Corporate Transparency Act (CTA)1 and its key implementing regulations (Reporting Rule)2 requiring all CTA “reporting companies” to submit required beneficial ownership information to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN.) Key Takeaways In contrast to an earlier decision by a federal district court...
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
