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The attorneys at DarrowEverett are business lawyers, committed to relentless protection of clients’ interests and maintaining uncompromising ethical standards with a focus upon execution and results.

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Data Privacy Concerns With the CTA? Consider the Value of DAPTs

DE Insights

Data Privacy Concerns With the CTA? Consider the Value of DAPTs

People are understandably nervous about sharing personal data no matter the circumstances. That can be especially true regarding estate planning, given the existence of the recently enacted Corporate Transparency Act (“CTA”). There may be some ways, however, to mitigate the breach of privacy despite the wide-reaching effects of this legislation. In an effort to...

The Brass Tacks: IRS Creates Process for Withdrawing ERC Claims

DE Insights

The Brass Tacks: IRS Creates Process for Withdrawing ERC Claims

The Internal Revenue Service (“IRS”) recently granted employers a means to avoid interest and penalties on inappropriately taken Employee Retention Tax Credit (“ERC”) claims. This surely will come as a relief to taxpayers who are (or were) concerned that they may have mistakenly claimed ERCs for tax years 2020-2022. As we detailed in our last...

How Florida’s Live Local Act Expedites Affordable Housing Construction

DE Insights

How Florida’s Live Local Act Expedites Affordable Housing Construction

In the past several years, Florida has seen a population explosion, with over 1,000 people moving to Florida each day. With such a rapid increase in population, demand for housing in suburban and rural areas of Florida is at an all-time high, and the supply of affordable housing has not kept up. To combat this problem, Florida’s legislature passed Senate Bill 102...

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Client Alerts

Our team wants you to stay informed about legal and regulatory developments that impact your business.

Investment Advisors Face Added Regulation That Could Potentially Impact Litigation

On February 13, 2024, FinCEN issued a Notice of Proposed Rulemaking (NPRM) to deter criminals and foreign adversaries who seek to potentially compromise the U.S. financial system and assets through investment advisors. If passed, the new rule would make investment advisors subject to the Bank Secrecy Act (BSA) by expanding the definition of “financial institution”…
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SEC’s New Rules Give SPACs, Target Companies Much to Consider

On January 24, 2024, the U.S. Securities and Exchange Commission (the “SEC”) adopted new final rules relating to special purpose acquisition companies (“SPACs”). The new rules affect both initial public offerings (“IPOs”) for SPACs and so-called “de-SPAC” transactions involving target companies who enter into a business combination with SPACs. In summary, the new rules appear…
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Venture Debt: Down Round Protection Without Triggering Downside Provisions

There is increasing chatter in the startup and investor space surrounding venture debt. It is not at all surprising that as the availability of ready capital has contracted considerably over the past two years, debt and debt-like items have come to the front of mind. It is tempting to think that it is only venture-backed…
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