There is growing certainty about how to perfect a security interest in cryptocurrency, but the roadmap to implement the preferred method of perfection, by “control,” remains extremely complex because of difficulties in determining applicable law. Lenders should consult counsel if they seriously consider cryptocurrency as collateral.
GableGotwals associate Bailey Barnes, a recent graduate of the University of Oklahoma College of Law, is already focused on excellent client development practices - all of which are tried-and-true "old school" tactics.
The Financial Crimes Enforcement Network released final reporting rules last year under the Corporate Transparency Act. At present, any Reporting Company formed on or after Jan. 1, 2024, will have 30 days to submit an initial report, while one in existence before Jan. 1, 2024, will have until Jan. 1, 2025, to submit an initial report.
Drones are revolutionizing an array of industries worldwide. With their versatile use-applications and advanced air mobility, opportunities associated with drones are sky-high.
The Corporate Transparency Act becomes effective on January 1, 2024.