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BUSINESS is at the HEART of what we do!
We began as a business, commercial and corporate law firm over 35 years ago. Today, we still remain that way, having represented both the largest corporations in America as well as the countless small and medium size businesses. While representing large companies is both financially lucrative and professionally rewarding, we decided to practice law to help transform small and medium size companies into business leaders.
Our Mission: A Firm Foundation
Our Vision: A Law Firm Built Around You
We are serious about being a law firm that is "customizable" around the needs of small and medium size businesses and corporations.
Legal skills and competence are prerequisites for every law firm. We have found, however, that working with our business and corporate clients require a lot more than legal skills and competence. We believe the most important quality of a business and corporate lawyer is the relationship built on trust and loyalty.
We dare say that we are second to none when it comes to representing small and medium size businesses and corporations. Each one is as unique as every individual is unique. The very uniqueness of each business or corporation poses unique and difficult challenges, which make our work that much more interesting. We are never bothered by the unique challenges posed by our clients.
Under these circumstances, how do you develop a long term relationship built on trust and loyalty? Take the time to get to know and serve them. We do not believe it is our role to dictate or command. We believe our role is to walk together with our clients.
Our Mission: A Firm Foundation
Our Vision: A Law Firm Built Around You
We are serious about being a law firm that is "customizable" around the needs of small and medium size businesses and corporations.
Legal skills and competence are prerequisites for every law firm. We have found, however, that working with our business and corporate clients require a lot more than legal skills and competence. We believe the most important quality of a business and corporate lawyer is the relationship built on trust and loyalty.
We dare say that we are second to none when it comes to representing small and medium size businesses and corporations. Each one is as unique as every individual is unique. The very uniqueness of each business or corporation poses unique and difficult challenges, which make our work that much more interesting. We are never bothered by the unique challenges posed by our clients.
Under these circumstances, how do you develop a long term relationship built on trust and loyalty? Take the time to get to know and serve them. We do not believe it is our role to dictate or command. We believe our role is to walk together with our clients.
legal alert!
LEGAL ALERT (Posted March 21, 2025) – FinCEN Issues Interim Final Rule Amending Definition of Reporting Company Under the Corporate Transparency Act (CTA)
Financial Crimes Enforcement Network (“FinCEN”) issued an interim final rule (“IFR”) that revises the definition of a reporting company under the Corporate Transparency Act (“CTA”), provides new reporting deadlines for non-exempt reporting companies, and exempts all US-formed entities and their owners from filing beneficial ownership information (“BOI”). It also exempts foreign entity reporting companies from reporting US persons’ BOI in such companies.
On March 21, 2025, FinCEN issued a press release and an alert announcing an interim final rule (“IFR”) that removes beneficial ownership information (BOI) reporting requirements for US companies and US persons under the CTA, exempting all US-created entities, including former “domestic reporting companies,” and their beneficial owners.
The IFR:
FinCEN is accepting written comments on the IFR for 60 days after the IFR Publication Date, and “intends to finalize the rule this year.”
Legal AlertTM is provided by Hwang & Haas, PC – For more information and guidance, contact Sam Y. Hwang, Esq., president & CEO at 610-680-3990 (Dial or Text); [email protected]
Financial Crimes Enforcement Network (“FinCEN”) issued an interim final rule (“IFR”) that revises the definition of a reporting company under the Corporate Transparency Act (“CTA”), provides new reporting deadlines for non-exempt reporting companies, and exempts all US-formed entities and their owners from filing beneficial ownership information (“BOI”). It also exempts foreign entity reporting companies from reporting US persons’ BOI in such companies.
On March 21, 2025, FinCEN issued a press release and an alert announcing an interim final rule (“IFR”) that removes beneficial ownership information (BOI) reporting requirements for US companies and US persons under the CTA, exempting all US-created entities, including former “domestic reporting companies,” and their beneficial owners.
The IFR:
- Redefines reporting company to mean only entities that are formed outside of the US and have registered to do business in the US (including Tribal jurisdictions) by filing the required registration documents with the appropriate state agency or similar office.
- Provides that former “domestic reporting companies” and their owners are no longer required to file BOI, or update or correct previously reported BOI.
- Extends BOI reporting deadlines for non-exempt foreign entities who fit the new reporting company definition.
- Will not require foreign entities that are reporting companies to report their US beneficial owners, and US persons who are beneficial owners of such companies are not required to provide their BOI to the reporting company. Foreign entities that only have US beneficial owners will not be required to report any beneficial owners.
- Will not require foreign pooled investment vehicles (“FPI”) to report the BOI of US persons who exercise substantial control over the FPI.
- Update or correct previously filed BOI reports no later than 30 days after the IFR Publication Date.
- File an initial BOI report no later than 30 calendar days after receiving notice that a reporting company’s registration to do business in the US is effective or 30 days after the IFR Publication Date (whichever comes later).
FinCEN is accepting written comments on the IFR for 60 days after the IFR Publication Date, and “intends to finalize the rule this year.”
Legal AlertTM is provided by Hwang & Haas, PC – For more information and guidance, contact Sam Y. Hwang, Esq., president & CEO at 610-680-3990 (Dial or Text); [email protected]
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