Welcome to e-LawLines!
For 30 years, David P. Weiss has published literally hundreds of articles to address issues of interest to small and medium-size businesses, nonprofit corporations and individuals, in this easy-to-read and comprehensive format. All of those articles are assembled here on the e-LawLines blog for you – a free resource designed to help you navigate the sometimes-daunting legal landscape. Start browsing now!
Anti-Money Laundering Comes to Main Street
The Corporate Transparency Act (“CTA”) was placed on the federal government’s books on January 1, 2021. The intent was to restrict, if not eliminate, those opportunities for criminals, Russian oligarchs, terrorists, and other bad actors to fund their illicit activity by hiding and moving money through anonymous shell companies and other corporate structures here in the United States.
Breaching Fiduciary Duties in LLCs: Did the Bad Actor Really Expect a Different Outcome?
From my vantage point, there are close calls, and then there aren't. This is a story where the facts and arguments point, indisputably, to the issue not being even remotely close when viewed from the reasonable person standard. In a recent case involving two subjects...
Wayfair Tax Supports Tax Fairness
The Chesterfield Regional Chamber of Commerce (Chesterfield, Missouri) was asked to weigh in on the issue of the City of Chesterfield applying sales taxes to online purchases from out-of-state vendors. First, a little history. For decades, the United States Supreme...
Corporation vs. LLC – Is the Decision Any Clearer?
For years, it seems that choice of entity has been given, at best, only passing attention. While everyone contemplating starting a business has heard of corporations, that entity is viewed as their father’s entity, not the newer, hipper limited liability company...