Further Updates on Beneficial Ownership Information (BOI) Reporting Requirements under the Corporate Transparency Act (CTA)

Beneficial Ownership Information (BOI) reporting requirements remain temporarily suspended, following a whirlwind of reversals and reinstatements just days before the original January 1, 2025 reporting deadline. 

On December 3, 2024, a federal district court issued an injunction temporarily suspending the BOI reporting requirements.  The injunction was upheld on appeal,...

Continue reading…

What Is Fraudulent Inducement?

Fraudulent inducement can undermine even the most carefully structured agreements, leaving one party unfairly disadvantaged or misled. This deceptive practice happens when someone is enticed into a contract based on false promises or misrepresentations, and the impact can be significant. Whether it involves financial commitments or business deals, fraudulent inducement can lead...

Continue reading…

Understanding Non-Compete Clauses in Contracts

Non-compete clauses play a significant role in protecting businesses from unfair competition. Whether you’re an employer seeking to protect your business interests or an employee concerned about limitations after leaving a job, it’s important to understand how these agreements work. Both parties need to know what a non-compete clause means and how...

Continue reading…

Divorce Preparation To-Do List

Preparing for a divorce can feel overwhelming, especially when emotions are running high and there are countless details to consider. You might be unsure about where to start or what steps will make the process smoother. Taking the time to organize yourself early on can go a long way in making the...

Continue reading…

Tips for Negotiating a Favorable Commercial Lease

Negotiating a commercial lease is key in setting up your business for long-term success. The terms you agree to will influence your costs, flexibility, and potential for growth. Whether you're dealing with rent adjustments, renewal clauses, or property maintenance, it's important to approach each aspect thoughtfully. A well-negotiated lease ensures you're...

Continue reading…

How to Extend a Restraining Order in North Carolina

North Carolina provides two different civil types of no-contact or restraining orders to individuals who need protection from an aggressor. The difference in these legal actions depends mostly on the victim’s relationship with the abuser. In most cases, references to a “restraining order” actually mean a domestic violence protective order (DVPO).

Continue reading…