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Breaking News: Corporate Transparency Act Blocked

Corporate Transparency Act

  On December 3, 2024, the Corporate Transparency Act (“CTA”), which requires U.S. business entities to report stakeholder information to the Treasury Department, was temporarily blocked nationwide by a Texas federal court.   This decision comes less than a month before the January 1, 2025 reporting deadline. As of now, it is unclear whether the […]

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Don’t Be Up Schitt’s Creek: How Operating Agreements Safeguard LLC Succession Planning

A limited liability company (LLC) operating agreement is a legal contract. It governs the structure and operations of an LLC. It can include everything from designating the amount of each owner’s percentage ownership in the LLC to how business decisions are made and the powers of managers and members.    By registering with the Florida […]

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Don’t Be Up Schitt’s Creek: Risk of Theft or Conversion of a Member’s Interest in an LLC Without an Operating Agreement

Individuals in Florida commonly start a Florida limited liability company (LLC) without retaining a lawyer to prepare an operating agreement. They do so by registering with the Florida Division of Corporations (sunbiz.org).    In the first blog in this series, we discussed the pitfalls of this approach. Specifically, we examined LLCs without operating agreements and […]

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Don’t Be Up Schitt’s Creek: Why Your LLC Should Have an Operating Agreement

  It is common in the state of Florida for individuals desiring to operate their businesses as a company to start a Florida limited liability company (“LLC”). They often do so by registering an LLC with the Florida Division of Corporations (sunbiz.org) without retaining a business lawyer to prepare an operating agreement for the company.   […]

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Legal Update: Significant Changes to the Florida Rules of Civil Procedure

In Case No. SC2023-0962, the Florida Supreme Court amended the Florida Rules of Civil Procedure with big changes to take effect on January 1, 2025.  The Supreme Court made these amendments as part of its ongoing efforts to “promote the fair and timely resolution of civil cases.”  Interested parties may provide public comment through August […]

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Starlett Massey Recognized by Florida Association for Women Lawyers With President’s Award

Massey Law Group is pleased to announce that MLG Founding Shareholder, Starlett Massey has been recognized by the Florida Association for Women Lawyers (FAWL). Starlett and co-recipient Jen Feld of Feld Legal won the President’s Award in recognition of their work in the formation of a non-profit organization with 501(c)(3) tax-exempt status, FAWL Support Organization Inc. […]

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The Impact of Artificial Intelligence on Our Clients

Artificial intelligence (AI) tools are being used more frequently in the legal profession. However, how they currently impact our clients outweighs the automated convenience.  For example, with AI being used to make decisions on human performance, there is a clear gap in the data relating to minorities. With little to no government regulation on AI […]

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Be the Wave Keep St. Pete Blue Art Show

“Everything is art. Everything is politics.” – Ai Weiwei   The Collab at 3833 recently hosted the “Be the Wave Keep St. Pete Blue Art Show.” It was everything art and everything politics. The evening elevated artists, showcasing their works, and the importance of elections, voting, and activism.    “Wild Country” The Collab’s Starlett Massey […]

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Massey Law Group Becomes Key Partner to Nonprofit Leadership Center of Tampa Bay

MLG is proud to announce it has become a Key Partner to the Nonprofit Leadership Center of Tampa Bay (NLC). The NLC’s mission “is to develop and connect nonprofit leaders to strengthen organizations and our communities.” The center provides learning and networking opportunities to nonprofit professionals, leaders, and organizations.    It offers professional development experiences […]

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What All Business Owners Need to Know About the Corporate Transparency Act, Effective Jan. 1, 2024

In 2021, the Federal government enacted the Corporate Transparency Act (“CTA”) to enhance transparency in corporate entity structures and require the disclosure of the identity of the individuals who own and control U.S. companies to better arm the federal government in its fight against money laundering, tax fraud, terrorism funding, and other illicit activities.   Every […]

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