Morvay Consulting Group is excited to announce the expansion of our Advisory Panel with the addition of Andre Wouansi, Founder and CEO of Accurate Legal Billing. As firms continue to focus on improving their revenue cycle, Andre brings over 20 years of experience marrying technology to optimal revenue processes. MCG will leverage our relationship with Andre and ALB to continue to bring our clients the most innovative solutions to their enterprise wide projects. Andre - welcome and thank you!
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🚨Attention Business Owners: Important CTA & BOI Filing Deadlines!🚨 Under the Corporate Transparency Act (CTA), all U.S. businesses must report their Beneficial Ownership Information (BOI) to remain compliant with federal law. - Businesses formed before 2024: You must report by January 1, 2025. - Businesses formed in 2024: You have 90 days to report your BOI. - New entities formed after January 1, 2025: You'll have 30 days to report. Don’t wait—ensure you're compliant and avoid penalties. Mavacy can help streamline the process. Email us at cta@mavacy.com to discuss how we can assist! Check out this article for more information! 🔗 https://lnkd.in/gyAGM6N2
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BOI Filing Deadlines Are Here! If your business was established: • Before January 1, 2024: Deadline is December 31, 2024. • Between January 1 and December 31, 2024: File within 90 days of formation. • On or after January 1, 2025: You have 30 days to file. For ownership changes, remember you also have 30 days to update your report. Missing these deadlines can lead to significant fines, so be proactive! Need assistance? Contact us for guidance. #BOICompliance #BusinessTransparency #CorporateCompliance #SimplyLegal
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This week’s Thought Leadership piece comes from Practus partner, Jeffrey Rambach: Corporate Transparency Act (CTA) Filing Deadline Approaching Soon In his latest article, Jeff dives into the CTA’s implications, including how most U.S. businesses must report Beneficial Ownership Information (BOI) to FinCEN under this new law. He shares key deadlines for filing BOI reports: -Companies formed before January 1, 2024, must file by January 1, 2025 -Companies formed in 2024 have 90 days from formation -Companies formed on or after January 1, 2025, must file within 30 days of formation Get all the details and prepare for the CTA deadline with Jeff’s full article (linked in the comments)! #thepractusway #practuslaw #CorporateTransparencyAct #beneficialownership #FinCEN #businesscompliance #CTA #SmallBusinessOwners #CorporateCompliance
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Fantastic insight from Practus, LLP partner, Jeffrey Rambach on the Corporate Transparency Act. Click below to learn more. #CorporateTransparencyAct #practuslaw #thepractusway
This week’s Thought Leadership piece comes from Practus partner, Jeffrey Rambach: Corporate Transparency Act (CTA) Filing Deadline Approaching Soon In his latest article, Jeff dives into the CTA’s implications, including how most U.S. businesses must report Beneficial Ownership Information (BOI) to FinCEN under this new law. He shares key deadlines for filing BOI reports: -Companies formed before January 1, 2024, must file by January 1, 2025 -Companies formed in 2024 have 90 days from formation -Companies formed on or after January 1, 2025, must file within 30 days of formation Get all the details and prepare for the CTA deadline with Jeff’s full article (linked in the comments)! #thepractusway #practuslaw #CorporateTransparencyAct #beneficialownership #FinCEN #businesscompliance #CTA #SmallBusinessOwners #CorporateCompliance
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Director and Founder of 43Legal | Solicitor | Litigation and Dispute Resolution | Legal Problem Solver | Business Legal Adviser | Legal Services Provider | Legal Complaints Handler and Trainer.
I have been involved in a number of cases where directors are also shareholders and the removal of an individual as a director is intended to be the start of a much broader process, which ultimately involves aquiring their shares. As such, in doing so, whichever method you deploy in removing them as a director must be undertaken properly and must be compliant. If not, and you fail to do so, you could face a claim for unfair prejudice against the shareholders and/or potential employment issues against the company. It’s always worth seeking legal advice to ensure you are fully compliant because if not, the company will have acted unlawfully, which could have serious ramifications for the overall strategy, in terms of the shareholding. #business #solicitor #help
How do you remove a director? It will depend largely upon what is contained in the company’s articles of association and/or any shareholders agreement entered into between the shareholders. However, if using the statutory procedure the removal of a director involves the shareholders voting in favour of an ordinary resolution, which means 51% of the shareholders voting in favour of the resolution to remove the director. The statutory procedure is governed by sections 168 and 169 of the Companies Act 2006, which provides a timetable and order of events that must be followed as well as providing certain rights to the director who is being proposed to be removed. The reason for checking the articles and shareholders agreement is that there may be provision included in the shareholders agreement that removal is by way of passing a special resolution, which is 75% of the shareholders voting in favour or removal is automatic upon certain events occurring. Likewise there may be provision in the Articles for the directors to request the removal of another director from office usually whereby a board meeting is convened and a draft letter of resignation is provided to the director who is being proposed to be removed, for signature. However, any director proposing the removal of another director must bear in mind their duty to act in the best interests of the company at all times, including when making that decision. #sme #legaladvice #law
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🔍 Attention Legal Practitioners 🔍 📥 Download our free attorney trust account guide: https://lnkd.in/d4uink3S Feeling overwhelmed by managing trust accounts and ensuring compliance? We understand the daunting responsibility of protecting third-party funds. The stakes are high, but you don’t have to carry that burden alone. 🌟 Meet Nuvia—Your compliance sidekick 🌟 At Nuvia, we know you’re the hero in your clients’ stories. The compliance maze can feel like a villain. That’s where we come in. Why Choose Nuvia? ✅ Expert guidance: Navigate the complex world of compliance with precision and integrity. ✅ Peace of mind: Focus on fighting for your clients and growing your practice while we handle compliance. ✅ Focus on growth: Free up your time and resources to expand your practice without the constant worry of compliance. Don’t let compliance challenges hold you back. Let Nuvia be your trusted sidekick, so you can continue being the hero your clients need. Contact us today to learn how we can support your journey to success or click the link below for a short guide about trust account administration. https://lnkd.in/dXCvYfsm #LegalPractitioners #Compliance #TrustAccounts #LegalCompliance #lawfirm
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Download our free attorney trust account guide.
🔍 Attention Legal Practitioners 🔍 📥 Download our free attorney trust account guide: https://lnkd.in/d4uink3S Feeling overwhelmed by managing trust accounts and ensuring compliance? We understand the daunting responsibility of protecting third-party funds. The stakes are high, but you don’t have to carry that burden alone. 🌟 Meet Nuvia—Your compliance sidekick 🌟 At Nuvia, we know you’re the hero in your clients’ stories. The compliance maze can feel like a villain. That’s where we come in. Why Choose Nuvia? ✅ Expert guidance: Navigate the complex world of compliance with precision and integrity. ✅ Peace of mind: Focus on fighting for your clients and growing your practice while we handle compliance. ✅ Focus on growth: Free up your time and resources to expand your practice without the constant worry of compliance. Don’t let compliance challenges hold you back. Let Nuvia be your trusted sidekick, so you can continue being the hero your clients need. Contact us today to learn how we can support your journey to success or click the link below for a short guide about trust account administration. https://lnkd.in/dXCvYfsm #LegalPractitioners #Compliance #TrustAccounts #LegalCompliance #lawfirm
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Lawcadia's savings calculator is an invaluable tool designed to help legal operations professionals and in-house legal teams identify potential savings and justify tech investments. It provides a clear, data-driven analysis based on your legal function, supporting smarter decision-making and strategic planning. Don't leave potential savings on the table—explore how Lawcadia can transform your legal operations today. Discover more and calculate your savings here: https://lnkd.in/eck7dtHm #LegalTech #LegalOps #CostSavings #Efficiency
Business Case - Savings Calculator | Lawcadia UK
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To drive business growth, monitoring business performance should be the responsibility of everyone within a law firm. But how can law firm leaders encourage fee earners to engage with performance data? Katchr is built by people who speak the same language as your lawyers. Our management information solutions have been developed solely for law firms by legal technology specialists and are easily deployed, out-of-the-box, to provide instant and user friendly access to the mission critical KPIs at the touch of a button. Paul Ellis, Finance Director at Lanyon Bowdler has shared how his firm has used Katchr to improve access to accurate financial data. With timely, graphical, visualisations of P&L information at their fingertips, lawyers are more engaged with WIP, lockup and their personal billing targets. Watch Paul's full video to learn more ➡️ https://lnkd.in/e-iYJKpS #legaltech #businessintelligence #managementinformation
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To drive business growth, monitoring business performance should be the responsibility of everyone within a law firm. But how can law firm leaders encourage fee earners to engage with performance data? Katchr is built by people who speak the same language as your lawyers. Our management information solutions have been developed solely for law firms by legal technology specialists and are easily deployed, out-of-the-box, to provide instant and user friendly access to the mission critical KPIs at the touch of a button. Paul Ellis, Finance Director at Lanyon Bowdler has shared how his firm has used Katchr to improve access to accurate financial data. With timely, graphical, visualisations of P&L information at their fingertips, lawyers are more engaged with WIP, lockup and their personal billing targets. Watch Paul's full video to learn more ➡️ https://lnkd.in/e-iYJKpS #legaltech #businessintelligence #managementinformation
