Insights

KTAP is pleased that Chief Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York denied AYH Wind Down LLC’s (AYH) motion for partial summary judgment against our client

As of today, the CTA is in force and FinCEN has set a new deadline to comply with the Reporting Rule of March 21, 2025. We recommend that all Reporting Companies and Beneficial Owners prepare to file in accordance with this deadline.

We’re pleased to announce that Super Lawyers has recognized three Kudman Trachten Aloe Posner partners for the 2024 New York edition in several practice areas.

Kudman Trachten Aloe Posner LLP is pleased to announce the promotion of seasoned litigator Mitchell Epner to partner in its New York office.

In an unexpected development, on December 26, 2024, the Fifth Circuit issued an Order vacatingits December 23 decision to lift the initial stay on BOI reporting requirements.

In what amounts to slightly less than a Christmas gift, the U.S. Department of Treasury has extended generally the deadline for companies required to file and created or registered prior to January 1, 2024 to January 13, 2025.

Given the uncertainty around enforcement, we recommend that all Reporting Companies comply to the greatest extent possible, despite the enormous burden that may impose on some organizations.

On December 3, 2024, the Honorable U.S. District Judge Amos L. Mazzant of the Eastern District of Texas, Sherman Division, ruled on a Preliminary Injunction in Civil Action No. 4:24-CV-478.

The deadline for one or more of your entities to file a Beneficial Ownership Information Report with the Financial Crimes Enforcement Network (“FinCEN”), a bureau of the U.S. Department of the Treasury, is quickly approaching