Wolfson Bolton Kochis PLLC

Corporate Transparency Act Reinstated (Again); FinCEN Extends Reporting Deadlines LEARN MORE: https://lnkd.in/ghMqQ_Ju #compliance #cta #corporatetransparencyact #usdistrictcourt #enforcement #corporatelaw #wolfsonboltonkochis

Wolfson Bolton Kochis Objects to Confirmation of Heritage Collegiate Apparel, f/k/a The M Den, Bankruptcy Plan on behalf of Unsecured Creditors’ Committee READ MORE: https://lnkd.in/g92tnRsz #corporatebankruptcy #bankruptcy #EasternDistrict #MichiganCourts #Chapter11 #WolfsonBoltonKochis

Our Latest Legal Alert - Michigan Federal Judge Holds Automatic Stay Does Not Apply to Non-Debtor, Trumping Texas Bankruptcy Court LEARN MORE: https://lnkd.in/gpJY4WTG #legalalert #corporatebankruptcy #bankruptcylaw #bankruptcycourt #automaticstay #bankruptcycode #wolfsonboltonkochis

Congratulations to Stephanie K. Travis on her selection to the Michigan Lawyers Weekly "Unsung Heroes" List of 2024. This recognition is reserved for the state’s most talented and dedicated legal support professionals, from firm administrators to legal marketing to paralegals. Honorees were featured in a special edition of Michigan Lawyers Weekly's Daily Alerts. Stephanie's feature can be found here: https://lnkd.in/gRUXy74a SEE THE COMPLETE LIST: https://lnkd.in/gaA3Pbe5 #paralegal #recognition #wolfsonboltonkochis #unsungheros #michiganlawyers #michiganlawfirms

Wolfson Bolton Kochis PLLC, in collaboration with Cascade Partners, facilitated the successful § 363 Bankruptcy Sale of Wrena, LLC. Scott Wolfson, Anthony Kochis, and Amy Smith led the legal team. LEARN MORE: https://lnkd.in/gA8P8gry #chapter11 #automotivesuppliers #corporatebankruptcy #michiganeasterndistrict #bankruptcy #automotivenews

Whiplash Continues on Corporate Transparency Act; Injunction Reinstated  On December 26, 2024, the Fifth Circuit Court of Appeals vacated its December 23 stay of the nationwide preliminary injunction issued by a Texas district court against the Corporate Transparency Act (CTA), effectively reinstating the injunction. As a result, CTA compliance is currently voluntary. READ MORE: https://lnkd.in/eGDFQHu2 #compliance #cta #corporatetransparencyact #usdistrictcourt #enforcement #corporatelaw #wolfsonboltonkochis

Yesterday, the Fifth Circuit Court of Appeals stayed the nationwide preliminary injunction issued by a Texas district court against the Corporate Transparency Act (CTA), reinstating the CTA and its January 1, 2025 deadline for filing of beneficial ownership information (BOI) reports by reporting companies formed prior to January 1, 2024 READ MORE: https://lnkd.in/gFXu4NTt #compliance #cta #corporatetransparencyact #usdistrictcourt #enforcement #corporatelaw #wolfsonboltonkochis

Wolfson Bolton Kochis PLLC's Quarterly Newsletter is now available. Take a look at what we've been up to the past three months. You can read our latest issue here - https://lnkd.in/dsJiZ8jR #legalalerts #corporatelaw #detroitlawyers #corporatelawfirm #legalnews #wolfsonboltonkochis

In the recent In re Cambrian Holding Company, Inc. case, the Sixth Circuit ruled that even a “blatant misrepresentation” couldn't save a party that failed to timely object during bankruptcy proceedings. The court emphasized the importance of raising objections promptly, especially given the protections afforded to good faith purchasers under § 363(m) of the Bankruptcy Code. LEARN MORE: https://lnkd.in/gmudDZA7 #CorporateBankruptcy #BankruptcyLaw #LegalInsights #SixthCircuit #WolfsonBoltonKochis #BusinessLaw

Corporate Transparency Act Temporarily Blocked Nationwide On December 3, 2024, in the case of Texas Top Cop Shop, Inc. et al. v. Merrick Garland, Attorney General of the United States, the U.S. District Court for the Eastern District of Texas issued a preliminary nationwide injunction which temporarily halts enforcement of the Corporate Transparency Act (CTA) and its upcoming January 1, 2025 reporting deadline. As a result, reporting companies are not currently required to meet the CTA’s January 1, 2025 reporting deadline, pending further developments in the case. READ MORE: https://lnkd.in/g-wt5JRg #compliance #cta #corporatetransparencyact #usdistrictcourt #enforcement #corporatelaw #wolfsonboltonkochis