Below is a recap of recent posts to the Stradley Ronon Business Vantage Point blog. Articles on timely topics impacting ownership, operation and financing of businesses across industries written by our trusted advisers are posted regularly on the site. If you haven’t yet subscribed, please click here to ensure you don’t miss any upcoming articles.
IN THE FEBRUARY ISSUE:
Retrospective: U.S. Cybersecurity and Privacy Developments in 2023
For much of 2023, it seemed like barely a week would pass by without a new data breach or privacy violation finding its way into the headlines, making it clear that the threat actors of the world have not given up. In response, last year saw several significant federal and state regulatory developments in the cyber and privacy landscape. Regulators will remain focused on these issues and how they might be addressed. Read More...
The Looming Tax ‘Armageddon’
“Yeah, one more thing, um … none of them wanna pay taxes again. Ever.”
— Harry Stamper (Bruce Willis), “Armageddon” (1998)
With a flurry of changes to tax laws starting with the Tax Cuts and Jobs Act of 2017 (TCJA) and continuing through the early COVID-19 years, the pace and scope was dizzying to business owners and their tax and deal advisers. Now, after a quiet few years, a wave of new potential changes looms in the next 18 to 24 months. Major provisions of the TCJA are scheduled to sunset by their own terms at the end of 2025. Read More...
Stradley Ronon Webcast: Unpacking the Corporate Transparency Act
As of January 1, domestic and foreign entities registered to do business in the United States must comply with new beneficial ownership reporting requirements imposed under the Corporate Transparency Act (CTA).
View our webcast from January 30 on “Unpacking the Corporate Transparency Act,” during which panelists answer looming questions, including:
- Which entities are subject to reporting requirements?
- Who counts as a “beneficial owner”? What level of “substantial control” is required?
- How do you calculate the 25 percent ownership test?
- What constitutes a “filing” to determine if an entity is a “filing entity”?
Watch the webcast and download the slide presentation.
The Times for PE and VC Transactions Are A-Changin’: 2024 Challenges in Employment and AI, Reuters Legal
Partner Lori Smith and associate Evan Poulgrain have authored the second in a two-part series for Reuters Legal News exploring key items that should be on the radar of private equity and venture capital funds and their portfolio companies for 2024 and beyond. In this last installment, Lori and Evan focus on the changes in the law relating to enforceability of restrictive covenants and legal issues surrounding artificial intelligence.
Read the full article.
Reflecting on 2023 — and Projecting for 2024 — in M&A Transactions
Over much of the last year, M&A activity saw a significant slowdown globally — one not seen for a decade. Economic uncertainties, interest rate increases, market volatility and geopolitical instability all converged to create an adverse environment for both buyers and sellers. Given that several of these factors will extend into the next year, what can we expect for the industry in 2024? Expect a potential bounce-back in deal volume thanks to a probable end in Federal Reserve rate hikes and trends such as AI; increased regulatory scrutiny; and environmental, social and governance (ESG) factors to come into play this year. Read More...
Information contained in this publication should not be construed as legal advice or opinion or as a substitute for the advice of counsel. The articles by these authors may have first appeared in other publications. The content provided is for educational and informational purposes for the use of clients and others who may be interested in the subject matter. We recommend that readers seek specific advice from counsel about particular matters of interest.
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