BOI reporting update: A continually shifting landscape
12/18/24
By: William R. Covino and Nancy M. Reimer
Those seeking clarity over the enforceability of the Corporate Transparency Act (the “CTA”) and their obligation to file beneficial ownership reports with the Financial Crimes Enforcement Network (“FinCEN”) now face another layer …
FinCen declares BOI reports voluntary amid nationwide injunction of the Corporate Transparency Act
12/9/24
By: William R. Covino and Nancy M. Reimer
On December 3, 2024, in Texas Top Cop Shop, Inc., et al. v. Merrick Garland, Attorney General of the United States, et al., Civil Action No. 4:24-CV-478 the Eastern District Court …
Ohio’s new R.C. 2307.241 clarifies parties to be named in professional liability lawsuits
11/26/24
By: Cori M. Agnoni and Amy C. Baughman
Ohio’s newly enacted statute, R.C. 2307.241, which took effect on October 24, 2024, alters the approach to bringing liability claims against professional service providers. Its prospective application permits injured parties to file …
Illinois Appellate court reaffirms the state’s broad application of the litigation privilege
8/26/24
By: Thomas T. Bishop and Donald Patrick Eckler
Yes, even emails to interested nonlitigants can be protected by litigation privilege in Illinois. That is the result from the Illinois Appellate Court, First District, in Qualizza v. Freeman et. al., …
8/21/24
By: Allison H. Eddy and Nancy M. Reimer
In Koch, et al. v. Curley, et. al, the Massachusetts Superior Court disqualified an attorney from defending a client when the attorney previously represented the client’s former employer who was the Plaintiff. …
ABA issues formal guidance for lawyers’ use of generative AI
8/14/24
On July 29, 2024, the American Bar Association (“ABA”) Standing Committee on Ethics and Professional Responsibility issued its first opinion regarding attorneys’ use of generative artificial intelligence (“GAI”). Formal Opinion 512 on Generative Artificial Intelligence Tools …
Is the standard 6% commission fee for real estate agents a thing of the past?
7/24/24
By: Mandy D. Hexom and Tim Soefje
You may have heard the news about upcoming changes to real estate commissions throughout the nation. The National Association of Realtors (“NAR”), the largest trade association of more than 1.5 million real estate …
SCOTUS limits the SEC’s enforcement power
7/1/24
By: William R. Covino and Nancy M. Reimer
On June 27, 2024, the Supreme Court of the United States (“SCOTUS”) issued its decision in Sec. & Exch. Comm’n v. Jarkesy, U.S., No. 22-859, 2024 WL 3187811 (June 27, 2024), …
30 days means 30 days is the lesson from Illinois Appellate Court
6/20/24
By: Donald Patrick Eckler, Michael D. Sanders, and Joshua W. Zhao
In Rocha v. Munson Ski & Inboard Water Sports, Inc. et al., 2024 IL App (1st) 231469, the Illinois Appellate Court, First District, held that following …
You are not hallucinating: Risks and problems associated with Generative AI for lawyers
5/13/24
By: Jenna N. Lofaro
The New York State Bar Association’s Task Force on Artificial Intelligence recently issued a Report and Recommendations regarding Artificial Intelligence (“AI”) in the legal field. The task force on AI was created to examine the legal, …
5/9/24
By: Nancy M. Reimer and William R. Covino
On May 3, 2024, the United States Court of Appeals for the District of Columbia Circuit issued its decision in Farhy v. Comm’r of Internal Revenue, No. 23-1179, 2024 WL 1945977 (D.C. …
4/22/24
By: Meredith Freidheim and Scott Eric Anderson
ABA Formal Opinion 510 – Avoiding the Imputation of a Conflict of Interest When a Law Firm is Adverse to One of its Lawyer’s Prospective Clients
On March 20, 2024, the American Bar …