CTA Reporting – Latest Developments
U.S. Companies and U.S. Persons Exempt From Beneficial Ownership Reporting
On March 21, 2025, the Financial Crimes Enforcement Network (“FinCEN”) issued interim final rules which exempt U.S. reporting companies (corporations, LLC’s and partnerships that were created by the filing of a document with a secretary of state or similar office) from filing a beneficial ownership information report (“BOIR”) even if any beneficial owner of such entity is a non-U.S. person.
Michael Galligan Recipient of the 2025 New York State Bar Associations International Section's Annual Award for Distinction in International Law and Affairs Award
Michael Galligan, co-chair of the Trusts & Estates Department, received the 2025 International Section's Annual Award for distinction in International Law and Affairs Award by The New York State Bar, in recognition of his many professional achievements and many years of dedication to the International Section.
Litigation Victory: Phillips Nizer Wins Appeal for Breach of Executive Search Agreements On January 14, 2025, the Appellate Division
First Department affirmed that the lower court correctly granted our client, a real estate executive search firm, against its customer, which owns, develops, manages and brands hotels, residential and mixed-use projects.
Phillips Nizer, Charles LaPolla and Alan Behr Recognized in the WIPR USA Trademarks Rankings 2024
Charles LaPolla Recognized in Managing Intellectual Property’s 2024 Edition of IP Stars
Charles LaPolla recognized in practitioner IP Star rankings for Patents, Trademarks, Copyright, Designs and Transactions for 2024