Read Business Law Update to stay up to date on legal issues that impact public and private companies on a local, national and global basis. Articles in this issue include:
Business Perspectives
Corporate Transparency Act Takes Effect January 1
Is your company ready for CTA compliance? Business entities in the United States must begin registering their beneficial ownership and control information with the Financial Crimes Enforcement Network (FinCEN) starting January 1, 2024. Continue reading.
Artificial Intelligence
I, For One, Welcome AI: A Brief History of Artificial Intelligence & What’s Next in Law Practice
In this article we reflect briefly on the history of artificial intelligence and its growing application to the practice of law. It’s a safe bet that as AI continues to develop, it will affect more areas of the legal field, and faster than one might think. Read more.
New Ventures
Pendulum Rockets Back in Favor of Investors with New SEC Fund Regulations
Newly effective rules aim to protect investors by increasing their visibility into certain private fund adviser practices, including those related to side deals and other “preferential treatment,” borrowing arrangements, and certain fees and expenses. It remains to be seen whether the new regulations (and their associated costs) will reduce the number of new funds and further push the venture capital market toward larger, more established funds in the name of investor protection. Continue reading.
Business Litigation
The Right of Publicity
While you can generally avoid a defamation lawsuit by accurately portraying real people, that will not protect you from a suit for violation of the right of publicity. Read on for an introduction to the right of publicity and more information about the risks of using an individual’s identifying features without their permission.
Environmental, Social & Governance (ESG)
Don’t Count ESG Out: Alive and Well in 2024
With all of the anti-ESG legislation being enacted and the increase in greenwashing, diversity, environmental justice and shareholder litigation, companies have been asking whether ESG is still a driving force for business. This article provides the answer (spoiler alert: YES!) and outlines 10 ESG-related items for companies to monitor in 2024. Continue reading.
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