Category Archives: Business Law
Aug
NY licensed professionals may set up a professional service corporation (PC), a professional service limited liability company (PLLC) or a registered limited liability partnership (LLP) if they want to be incorporated. In addition, the professions of architecture, landscape architecture, engineering, geology, and land surveying may set up a design professional service corporation, or “D.P.C.”. Generally, […]
Dec
The U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction barring the U.S. government from enforcing the Corporate Transparency Act (“CTA”) on December 3, 2024. CTA requires many companies to submit information about themselves and their beneficial owners to the Financial Crimes Enforcement Network (FinCEN), a bureau within the US […]
Mar
IMPORTANT BHG CLASS ACTION UPDATE In June 2024, the Dombrow Law Firm voluntarily dismissed with prejudice the Bankers Healthcare Group (BHG) class action lawsuit. However, Friedman & Ranzenhofer, PC is still accepting clients who are being sued by BHG in Onondaga County, NY, Supreme Court FRIEDMAN & RANZENHOFER, PC HAS NOT AND IS NOT HANDLING THE […]
The U.S. District Court for the Northern District of Alabama (“USDC”) held on March 1, 2024 that the Corporate Transparency Act (“CTA”), which requires most reporting companies (corporations and LLCs) to file a beneficial ownership information report (“BOIR”) with the Financial Crimes Enforcement Network (“FinCEN”)—is unconstitutional. The USDC rejected the government’s argument that Congress had […]
Dec
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has published a “Small Entity Compliance Guide” to assist the small business community in complying with the beneficial ownership information (BOI) reporting rule. Starting in 2024, many entities created in or registered to do business in the United States will be required to report information about […]
Nov
The How to Start a NY Small Business Guide will assist you in getting started on the road to a successful entrepreneurship. It provides information about everything from planning and financing a business to marketing, keeping records and understanding government regulations. It also has information on how to expand an existing business. This guide serves […]
Apr
Business owners and professionals who live in other states, such as Pennsylvania, Texas, Alabama, and California often ask why Bankers Healthcare Group can sue them in Onondaga, New York Supreme Court for defaulting on their loans. After receiving Bankers Healthcare Group’s solicitations for a pre-approved loan, Dr. Warren A. Stiles decided in 2008 to finance […]