Varnum LLP

Yet another twist in litigation involving the Corporate Transparency Act (CTA): the Fifth Circuit has now reinstated a lower court's preliminary injunction holding that the CTA is unconstitutional. Once again, the Government is barred from enforcing any aspect of the CTA's disclosure requirements against reporting companies. Read the latest and what comes next here. https://lnkd.in/gUM97Fru

In the latest Corporate Transparency Act development, FinCEN has extended certain deadlines for reporting obligations. Read more from Seth Ashby and Neil Youngdahl here: https://lnkd.in/gwTi9ZR9

In an order issued this afternoon, the Fifth Circuit revived the immediate enforceability of the Corporate Transparency Act (CTA). Among other CTA obligations, the January 1, 2025, compliance deadline for reporting companies in existence as of January 1, 2024, is back in effect. Read the full advisory here and stay tuned for further updates from Varnum's CTA Taskforce: https://lnkd.in/gwTi9ZR9

Jeff Koelzer and Kimberly Noel represented Varnum at our annual holiday celebration with Buchanan Elementary, an inner-city school in Grand Rapids. Our team delivered gifts donated by firm members to all 431 students, along with 45 teachers and staff. Varnum is proud to support Buchanan year-round, providing essential supplies and resources for students and teachers.

On behalf of everyone at Varnum, we wish you a wonderful holiday season and a happy new year! We are pleased to support the Barn Sanctuary, Life Remodeled, Autism Support of Kent County, Realism Is Loyalty, Kalamazoo Gospel Ministries, Better Together and D.O. It for Denny in our clients' honor.

Varnum business professionals Sandy Fox and Dianne Freeman were recently recognized by Michigan Lawyers Weekly in this year's "Unsung Legal Heroes – Class of 2024." Unsung Legal Heroes honors law firm professionals who go above and beyond in their work and demonstrate high commitment to exceptional client service. Congratulations, Sandy and Dianne! https://lnkd.in/gbcXR6QY

Varnum represented Hammond's Candies, a beloved confectionery brand known for its handcrafted treats, in its sale to Lolli & Pops, a U.S. based candy brand and TerraMar Capital LLC portfolio company. Our full-service deal team consisted of Jim Eardley, Christopher George, Lauren Parker, Yvonne George, Shawn Strand and Charles Russman. Learn more about the transaction here: https://lnkd.in/g4FFAbMG

California is stepping up enforcement of data broker registration under the California Consumer Protection Act with significant penalties for noncompliance. Varnum privacy attorneys Bhashit (Sheek) Shah and Marisa McConnell explain what businesses must know to stay compliant. Read more here: https://lnkd.in/gAZbt6nx

Attention first-year law students: applications are now open for Varnum's 1Elevate Diversity Fellowship! This unique opportunity offers 1Ls the chance to gain valuable experience and secure full-time employment at Varnum after completing their first summer with the firm. Learn more and apply here: https://lnkd.in/gCXCQBYa

Varnum partners Matthew Bower and Mallory Field represented Peptinovo Biopharma in the initial close of its $10M Series A funding round, raising $1.4M. Peptinovo, an Ann Arbor-based biotech company, aims to improve chemotherapy delivery for solid tumors. Read more here: https://lnkd.in/g7dkSa4h