The Council of the ABA Section of Legal Education and Admissions to the Bar is the nationally recognized accrediting body for law schools in the United States. Shareholder Daniel R. Thies recently joined the 21-member Council as one of its youngest members ever. The Council is also the governing body of the Section, which strives to improve legal education and lawyer licensing by fostering cooperation among legal educators, practitioners and judges through workshops, conferences and publications. The ABA Journal recently published an article on Thies’s nomination here.
Corporate Transparency Act
On January 1, 2021, the United States Congress enacted the Corporate Transparency Act (the “CTA” or “Act”) to take effect on January 1, 2024. This new law requires the disclosure of identifying information concerning beneficial owners of certain US corporations and...