McGrath North is pleased to announce the addition of Jon Blumenthal and Patrick Bartman as shareholders in the Firm. Blumenthal will chair the Firm's Real Estate Group, and Bartman will practice in the Real Estate Group. Blumenthal and Bartman represent clients with respect to all aspects of real estate, including the development, purchase, and sale of property, sanitary and improvement districts, construction, financing, and commercial leasing.
The Corporate Transparency Act (the "Act") was enacted in 2021 as part of the National Defense Authorization Act to create transparency in business entity ownership and prevent illegal business activity. The Act was passed on January 1, 2021, and final rules were promulgated on September 30, 2022. The reporting requirements are effective January 1, 2024.
