The Department of State Announces Stateside Visa Renewal Pilot to Begin January 29, 2024

The Department of State (“DOS”) has announced the launching of a Stateside Renewal Visa Pilot Program, which will initially be limited to approximately 20,000 H-1B participants. The DOS officially published the rule December 21, 2023, in the Federal Register.[1] The stateside visa renewal pilot program is scheduled to begin on January 29, 2024, and will […]

The Other Shoe Drops on the SEC’s Share Repurchase Rules

It seems like it was just the other day that we reported on the ongoing saga of the SEC’s share repurchase rules – possibly because it WAS just the other day.  Given the posture of the litigation seeking to invalidate the rules, we regretfully ended with some cliffhangers.  Would the rules be vacated?  Would the […]

The On-Again/Off-Again SEC Share Repurchase Rules

In May 2023, the SEC adopted new rules to “modernize” the rules regarding issuer share repurchases.  As we wrote at the time, “[i]t is debatable whether these rules modernize disclosure, but they certainly do increase it, and they also demonstrate skepticism on the part of some investors and the SEC itself as to the merit […]

November 2023 Immigration Bulletin

Proposed Changes by U.S. Citizenship and Immigration Services for H-1B Cap Lottery Process On October 23, 2023, the U.S. Department of Homeland Security (“DHS”), through the U.S. Citizenship and Immigration Services (“USCIS”), published a Notice of Proposed Rulemaking in the U.S. Federal Registrar titled, “Modernizing H-1B Requirements, Providing Flexibility in the F-1 Program, and Program […]

Private Wealth Services 2023 Year End Alert

REMINDERS:  THREE IMPORTANT JANUARY 1STS Although we have mentioned them before, this 2023 Year End Alert starts out with reminders of the three upcoming important January 1sts (followed by an important March 1st reminder). January 1, 2024:  CTA reporting begins for new business entities.  The federal Corporate Transparency Act (“CTA”) reporting obligation begins for owners […]

Special Session 2023C Wrap-up

This week the House and Senate met in Tallahassee for a weeklong Special Session. During the Special Session, the Legislature passed several bills related to hurricane relief, insurance, student funding, support for Israel, sanctions against terrorist regimes, and security infrastructure to guard against antisemitic violence. HB 1C – Disaster Relief  The state legislature has given […]

It’s About Time: The SEC (Finally) Amends Beneficial Ownership Reporting

It has been 55 years (!) since the enactment of the Williams Act, which required the filing of beneficial ownership reports on Schedule 13D within 10 days after the acquisition of more than 5% of a class of equity securities registered under the Exchange Act. For much of that 55-year period, issuers, commentators, and others […]

Federal Corporate Transparency Act: Relevance to Certain Estate Planning Clients

Introduction As part of their estate planning, individuals often utilize various legal entities, such as corporations, partnerships, limited liability companies, and trusts.  In 2021, the federal Corporate Transparency Act (“CTA”) was enacted as part of a global effort to combat individuals’ use of entities to shield individual identities.  Previously, the United States had resisted global […]

FinCEN Breaks Its Silence on the CTA

We previously reported on the requirements that many companies will need to address under the federal Corporate Transparency Act.  Our earlier report indicated that “there are many unresolved issues under the CTA and the FinCEN rules” and that “hopefully, these issues will be addressed in future rulemaking, FAQs, or other interpretations, but so far that […]


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