Lawful Thoughts®
Focused on Legal Issues Affecting Businesses
of All Shapes and Sizes
Can a Borrower Effectively Waive the Automatic Stay Before Filing Bankruptcy?
Is a borrower’s agreement to waive the automatic stay in a pre-bankruptcy document enforceable; recent developments in the Corporate Transparency Act.
Continue ReadingImportant Legal Update: Treasury Department Halts Enforcement of BOI Reporting
On March 2, 2025, the U.S. Department of the Treasury announced that it will suspend enforcement of the CTA for U.S. citizens and domestic reporting companies.
Continue ReadingImportant Legal Update: Corporate Transparency Act- Reporting Requirements Back in Effect with Deadline of March 21, 2025
The Corporate Transparency Act (“CTA”) and its beneficial ownership information (“BOI”) reporting requirements are back in effect.
Continue ReadingImportant Legal Update: Corporate Transparency Act - Ongoing Litigation Reinstates Injunction
A new panel of the U.S. Court of Appeals for the Fifth Circuit issued an order vacating the Fifth Circuit’s previous filing deadline extension.
Continue ReadingImportant Legal Update: Corporate Transparency Act - Reporting Deadline Back in Effect with Slight Extension
Federal reporting deadlines under the Corporate Transparency Act are back in effect after a federal appeals court reinstated beneficial ownership information.
Continue ReadingSpotts Fain Counsels CEP Solar, LLC on Joint Venture and New Investment from Perennial Power Holdings, Inc.
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Can a Lender Have a Nondischargeable Claim Against a Business-Entity Borrower That Files Subchapter V Bankruptcy?
Let's review: Can a claim against a borrower that is a business entity be declared nondischargeable in the borrower’s Subchapter V bankruptcy case?
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