article thumbnail

US Supreme Court revives Corporate Transparency Act to regulate money-laundering

JURIST

The US Supreme Court issued a temporary nationwide stay Thursday that revived the Corporate Transparency Act , which regulates money laundering by requiring small businesses to register with the United States Treasury Department’s Financial Crimes Enforcement Network.

Court 244
article thumbnail

EU blocks UK from joining cross-border civil court pact

JURIST

The European Union (EU) blocked the UK from joining a European accord for recognizing civil court judgments on Friday. Additionally, the Lugano also ensures recognition of judgments across the member states, which in turn significantly reduces legal costs for individuals and small business seeking legal redress outside their home countries.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

US Supreme Court rules that federal government can be liable under Fair Credit Reporting Act

JURIST

In a unanimous slip opinion, the US Supreme Court ruled on Thursday that the Fair Credit Reporting Act (FCRA) waives sovereign immunity and that the federal government can be liable for incorrect debt reporting that damages credit scores. Justice Neil Gorsuch authored the opinion of the court.

article thumbnail

Bangladesh court grants Nobel laureate bail in labour law violations case

JURIST

An appellate court in Bangladesh granted bail to Nobel laureate Muhammed Yunus on Sunday, as reported by a local media. Yunus was awarded the Nobel Peace Prize in 2006 for his work pioneering microfinance and microlending, which helps poor entrepreneurs start small businesses.

Laws 197
article thumbnail

Argentina president sued for promoting cryptocurrency $LIBRA

JURIST

President Milei shared an advertisement for cryptocurrency $LIBRA via X on Friday, claiming that the coin would help fund small businesses. The fraud complaint against President Milei has been assigned to Judge Mara Servini of Federal Court No. President Milei included a link to purchase $LIBRA in his post. 1 of Buenos Aires.

article thumbnail

Clients Are Spending More on Legal Tech: Can Smaller Firms Keep Up?

Attorney at Work

As business clients deploy new technology to manage litigation, contracts and communications, they will prefer working with equally tech-focused outside counsel. Technology providers are responding to this shift with practice-specific tools and features and integrations with courts, regulatory bodies and other industry resources.

Legal 354
article thumbnail

CTA Update – BOI Reporting Requirements Now in Effect, with Deadline Extensions

Parasec

Court of Appeals for the Fifth Circuit’s December 23, 2024 decision, FinCEN has issued a public statement. As indicated in the alert titled Notice Regarding National Small Business United v. Plaintiffs in National Small Business United v. In response to the U.S. Yellen, No. 5:22-cv-01448 (N.D. Yellen, No.