On March 1, 2024, a U.S. District Court in Alabama held[1] that the Corporate Transparency Act (CTA) is unconstitutional as a matter of law. In its ruling, the District Court explained that the CTA and its requirements exceed any authority granted to Congress. What does this mean going forward? As of right now, nothing has […]
If you own or run a business, it’s crucial to have trusted legal support to navigate complexities and challenges that arise along the way. At McCarty Law, we provide personalized business services tailored to your unique needs. Here’s an at-a-glance look at our legal services for businesses: Operations and Formation Anyone can go online and […]
When it comes to pursuing your passion for hunting, owning land can be a dream come true. However, not everyone chooses to purchase hunting land on their own. In such cases, jointly owning hunting land with friends or fellow hunting enthusiasts can be an excellent option. One popular and strategic method to jointly own hunting […]
It’s that time of year again – back to school. While you might be picking up things like computers and dorm supplies for your college student, some back-to-school necessities that few parents think about, however, are the ones with legal ramifications. Many high school seniors and most kids heading off to college are over […]
The Corporate Transparency Act (CTA), a product of anti-money laundering efforts at the federal level, has been touted as a pivotal moment in clarity and accountability for businesses, particularly small businesses throughout the country. In part one, we discussed that more than 32 million businesses will now have to report personal information about individuals and […]
Part 1: Understanding the Basics The Corporate Transparency Act is a landmark federal law that will significantly impact businesses and individuals by putting the onus on businesses to become more transparent about their ownership structures. The Act aims to enable law enforcement agencies to detect and prevent financial crimes more effectively. Throughout this four-part series, […]
The Federal Trade Commission (“FTC”) yesterday proposed a federal rule that would prohibit companies from making or enforcing non-competition clauses with their workers. If implemented, this rule would have a significant impact on businesses and employees across the country. In its Notice of Proposed Rulemaking, the FTC proposed a rule that would classify non-competition clauses […]
As we approach January 1, 2023, the effective date of the new Wisconsin LLC statute, it’s becoming a hot topic of conversation. If you’ve been watching this space over the last few months, you’ve seen discussion of the new law. You’ll get as many different opinions and reactions to the new statute as there are […]
APPLETON, Wis. – McCarty Law LLP, a top law firm in Northeast Wisconsin, has hired Sadie Dupont as an attorney for its business and corporate law practice. In her role, Dupont will focus primarily on business law matters such as business formations, contract drafting, and mergers and acquisitions. Dupont earned a Juris Doctor degree from […]
Effective January 1, 2023, business entity law changes are coming for limited liability companies (LLCs) in Wisconsin. Governor Tony Evers recently signed 2021 Act 258, which adopts a more standard set of LLC laws similar to those LLC laws already used by 23 other states. Act 258 is a step towards the modernization of Wisconsin’s […]