News & Analysis as of

Business Ownership Constitutional Challenges

Troutman Pepper

Treasury Department Pushes Back Against State Efforts to Dissolve CTA

Troutman Pepper on

On June 3, the U.S. Treasury Department filed a reply in its 11th Circuit litigation against the National Small Business Association regarding the constitutionality of the Corporate Transparency Act (CTA). Of late, the...more

Littler

Probing in Procurement – Recent Decisions May Prompt Review of Supplier Diversity Programs

Littler on

A Texas federal district court judge has decided that the Minority Business Development Agency’s (MBDA) policies that provide financial assistance to minority-owned businesses are unconstitutional.  While the court’s decision...more

DarrowEverett LLP

After Corporate Transparency Act Takes Hit in Ruling, What's Next?

DarrowEverett LLP on

The Corporate Transparency Act (“CTA”), a significant legislative effort aimed at curbing financial crimes by increasing corporate accountability, has been declared unconstitutional by the U.S. District Court for the Northern...more

Carr Maloney P.C.

Federal Criminal Prohibition on Cannabis Unconstitutional? A Case to Watch

Carr Maloney P.C. on

Tired of waiting on Congress to act, in October 2023, several Massachusetts cannabis business owners, Canna Provisions, Inc., Gyasi Sellers, Wiseacre Farm, Inc., and Verano Holdings Corp, filed suit in a Massachusetts federal...more

Goodwin

Far Beyond Real Estate: The Real Impact of Florida’s SB 264

Goodwin on

On May 8, 2023, Florida Gov. Ron DeSantis signed into law Senate Bill 264: Interests of Foreign Countries (SB 264), effective July 1, 2023. The law may affect not only traditional real property owners and investors but also...more

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