On-Demand Video
CC

Reporting Requirements Under the CTA & BCL 2024 (Business Law Institute 2024 session)


  • City:
  • Start Date:2024-10-09 10:00:00
  • End Date:
  • Length:
  • Level:Intermediate
  • Topics:Business Law

$79.00 ProPass

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Credit States Status Credits Earn credit until

This program is eligible for 1 hour of CLE credit in 60-minute states. In 50-minute states, this program is eligible for 1.2 hours of CLE credit. Credit hours are estimated and are subject to each state’s approval and credit rounding rules.

Overview

This session will focus on the new entity reporting requirements required by the federal Corporate Transactions Act and Pennsylvania’s Associations Code. Particular attention will be paid to recent responses from FinCEN to frequently asked questions and developments in the Pennsylvania Department of State regarding the annual report which will first be due in 2025.

Recorded in October 2024.

Faculty

W. Henry Snyder, Esq.

Mr. Snyder is a partner in the Pittsburgh office of K&L Gates where he practices tax and corporate law. He has represented public and privately held corporations, limited liability companies, and partnerships on a variety of issues. Mr. Snyder is a member of the Business Law Section of the Pennsylvania Bar Association, served as a member of the Business Law Section Council and is a past Chair of the Business Law Section. He is also a member of the Title 15 Committee of the Business Law Section and serves on the Corporation Bureau Advisory Committee in and for the Commonwealth of Pennsylvania. Mr. Snyder is a frequent lecturer on matters relating to corporate law and taxation including mergers, acquisitions and business transactions and has served on the Adjunct Faculty of the University of Pittsburgh School of Law. He is listed in Best Lawyers of America under Corporations, Mergers and Acquisitions and Taxation. He earned an L.L.M. from New York University School of Law, his J.D. from Willamette University College of Law, and a B.A. from the University of Washington. He is admitted to practice in Pennsylvania and in Washington (inactive). He is a member of the Pennsylvania and Washington State Bar Associations.

Timothy A. Hoy, Esq.

Mr. Hoy is an attorney and shareholder with Mette Evans & Woodside in Harrisburg and has taught Payment Systems as an adjunct professor at Widener University School of Law and at The Pennsylvania State University Dickinson School of Law. He practices in the areas of business organization and banking. As a member of the Title 15 drafting committee, he is actively involved in the Business Law Section of the PA Bar Association. Prior to his current position, Mr. Hoy spent five years as in-house counsel with Keystone Financial, Inc. where he was responsible for litigation and banking and regulatory work. He is also a former clerk for United States District Court Judge Sylvia H. Rambo.

Lisa R. Jacobs, Esq.

Ms. Jacobs is a partner in the Philadelphia office of Stradley Ronon Stevens Young LLP. She represents clients in domestic and international transactional matters including complex corporate finance, mergers and acquisitions, institutional and private equity financing, private placements and structuring and governance issues with a particular emphasis on the food and beverage and healthcare industries. Ms. Jacobs is a Commissioner of the Uniform Law Commission (ULC), currently serving as it’s President, as well as on several drafting committees, including the Amendments to Uniform Unincorporated Organizations Acts (Chair of the drafting committee currently updating those Acts), the Limited Liability Company Protected Series Act, the Employee and Student Online Privacy Protection Act, and the Canadian Money Judgments Registration Act (Chair). She is a member, and current Chair, of the ULC-ABA Joint Editorial Board for Uniform Unincorporated Organization Acts. She also chaired the ULC’s Diversity and Inclusion Committee. Ms. Jacobs has been a member of the American Law Institute since 2009 and is active in both the American Bar Association and the Pennsylvania Bar Association, currently serving as Chair of the ABA’s Uniform Law Committee. She also is Chair of Pennsylvania’s Title 15 Drafting Committee, which recently facilitated Pennsylvania’s adoption of Act 122 (a robust update to the Pennsylvania Business Corporation Law), which was signed into law on November 3, 2022. Ms. Jacobs is also a member and current Chair of the Advisory Committee for the Pennsylvania Department of State Corporations Bureau (by appointment of the Secretary of the Commonwealth). In 2019, she was also elected to membership in the American College of Commercial Finance Lawyers and, in 2020, as a founding member of the American College of LLC and Partnership Attorneys. She also was a member of the Pennsylvania Bar Association Task Force on the Uniform Unincorporated Association Acts and the Uniform Fraudulent Transfer Act, working to adopt the ULC Acts for enactment in Pennsylvania. Those Acts became effective in 2017 and 1993, respectively. Her civic involvement includes her service as a member of the Greater Philadelphia YMCA (serving as Vice Chair), the seventh largest YMCA operator in the country. She is committed to pro bono work, representing The Museum of Contemporary Art – Chicago, the Museum of the American Revolution (Philadelphia), and Liberty Fire Engine Company No. 1 of Spring City, Pennsylvania. Ms. Jacobs has written a number of articles and is a frequent lecturer on business organizations, corporate finance, transaction structuring and related business issues. She currently is a Lecturer in the Law at the University of Pennsylvania Law School, where she teaches a course on International Business Negotiations. Ms. Jacobs received a Bachelor of Science Degree in Economics, cum laude, from the Wharton School, University of Pennsylvania and graduated with honors from the Villanova University School of Law, where she was a member of the editorial board of the Villanova Law Review.


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