Congress recently passed the Corporate Transparency Act, which requires certain business entities to report the “beneficial ownership” of an entity to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network.
On August 17, 2021, in Canaday vs. The Anthem Companies, Inc., the United States Court of Appeals for the Sixth Circuit became the first appellate court to hold that individuals with a connection to the forum state may only join a collective action under the Fair Labor Standards Act (FLSA).
The U.S. border with Canada has been closed to nonessential travel since March 2020 to prevent the spread of the coronavirus, but Canada recently announced that it will begin easing travel restrictions in early July.
In a precedent-setting case, a three-judge panel sided with a newspaper and journalists in their bid for a public body to disclose documents in a closed-session meeting.
Governor Gretchen Whitmer announced on June 17, 2021 that COVID-related restrictions for capacity, masks and gatherings will be lifted effective June 22.
On April 19, 2021, the Michigan Department of Treasury issued a notice announcing Michigan’s conformity to the federal income tax treatment of loans issued under the Paycheck Protection Program.
Under a new Order issued by Governor Whitmer on March 2, 2021, capacity limits were changed for a variety of businesses.
This article summarizes some of the key provisions of the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venue Act (the “Act”) that impact all PPP loans, as well as those related specifically to second PPP loans.
Concerning the extent of insurance coverage available to businesses who have suffered damages as a result of the COVID-19 crisis, a federal district court recently ruled in favor of a group of restaurants that were ordered closed by government authorities.
The significant increase in remote workers due to COVID-19 has created unanticipated new challenges and questions for many employers, including: What are the state business qualifications, licensure, tax and employment law compliance implications for employing remote out-of-state workers?