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Go Ahead and Offer the Senator a Cup of Coffee

Client Alert | less than 1 min read | 02.21.08

As detailed in the attached bullet analysis, the Senate Select Committee on Ethics, in response to the Honest Leadership and Open Government Act of 2007 (“HLOGA”), published new guidance concerning the gift exceptions for items of little intrinsic value and food offered other than as part of a meal. Although the Senate clarifications arguably clear up very little, they are a good reminder that it is time to update company codes of conduct and compliance manuals in light of the many new requirements established by HLOGA.

Insights

Client Alert | 11 min read | 12.15.25

New York LLC Transparency Act: Key Requirements and Deadlines

On January 1, 2026 (“Effective Date”), the New York LLC Transparency Act ("New York Act”) is scheduled to take effect, introducing new disclosure requirements for limited liability companies (“LLCs”) formed or registered to do business in New York State.  The New York Act is expected to impose the type of broad beneficial ownership requirements the federal CTA and rules implementing it was designed to require, before the federal government’s decision to limit the scope of the CTA’s beneficial ownership reporting requirements to foreign companies and foreign beneficial owners....