2023 Employment Law Changes — And Steps To Take Before 2024

The Corporate Transparency Act: New Reporting Requirements as of January 1

By: Catherine M. (Cumming) Riihiluoma, Jacob S. Woodard, Noreen J. Sedgeman and Joel C. Johnson

Companies have new reporting requirements beginning January 1, 2024.  The Corporate Transparency Act (CTA) passed as part of an anti-money laundering regime. The CTA requires a government-maintained registry of beneficial ownership information (BOI) for certain entities registered or formed to do business in the U.S. The CTA requires that those entities report their BOI to ...

INFORM Consumers Act Requirements

By: Jacob S. Woodard

Retailers, manufacturers, and online marketplaces – are you ready to INFORM your customers?  On June 27, 2023, online marketplaces and “high-volume third party sellers” must comply with the new federal statute – the Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers Act (the “INFORM Consumers Act”).  Designed to combat fraud and the sale ...

Minnesota’s Newest State Agency – the Office of Cannabis Management

This is the first post of many to analyze Minnesota’s recreational adult use cannabis legislation. Authors: David M. Aafedt, Gerald H. Fornwald, Peter G. Economou We are within days of adult recreational cannabis officially becoming a law here in the North Star State.[1] Competing bills have woven their way through dozens of committees in both ...

5 Things to Consider as the Minnesota Legislature Decides the Future of Cannabis

With the Minnesota House passing its version of an adult-use cannabis bill this week, and the Minnesota Senate scheduled to debate—and potentially vote on—its own bill, here are 5 things to keep your eye on. 1. Differences are Narrowing.  In their original forms, the House and Senate bills were dramatically different, with some describing the ...