Congress has enacted legislation over the decades aimed at curbing money laundering and the financing of terrorism. Increased legislation has been necessary to ensure that the federal government is able to address evolving...more
3/7/2024
/ Alabama ,
AML/CFT ,
Anti-Money Laundering ,
Appeals ,
Beneficial Owner ,
Corporate Transparency Act ,
Disclosure Requirements ,
Economic Sanctions ,
FinCEN ,
Money Laundering ,
Shell Corporations ,
Unconstitutional Condition
The U.S. Court of Appeals for the Fourth Circuit recently approved injunctive relief as part of a strategy for settling mass tort claims through the Chapter 11 bankruptcy case of Bestwall LLC, an entity created by...more
7/6/2023
/ Adversary Proceedings ,
Appeals ,
Asbestos ,
Bankruptcy Code ,
Bankruptcy Court ,
Bodily Injury ,
Chapter 11 ,
Georgia Pacific ,
Indemnification ,
Injunctive Relief ,
Limited Liability Company (LLC) ,
Mergers ,
Occupational Exposure ,
Texas ,
Toxic Exposure
The United States Supreme Court recently answered the question of whether a debtor in bankruptcy can discharge a debt resulting from another person’s fraud, even if the debtor is not aware of the fraud. On February 22, 2023,...more