GTC Law Group Promotes Five Attorneys

GTC Law Group is pleased to announce that Adam Brooke, Shea Leitch, Stanislav (Stas) Zakharenko, and Raymond W. Zenkert, III, have been named Principals of the firm and Brian Taillon has been named Counsel of the firm. “These promotions are well-deserved,” said GTC Managing Director Lisa Trainor. “Each of these five attorneys has demonstrated exceptional skills, leadership, and commitment to our clients and our firm. We look forward to their continued success and contributions.” Adam is a member of GTC’s Patent and M&A groups. He advises clients on domestic and international patent strategies, with a focus on building and defending […]

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Update: FinCEN Limits the Scope of the CTA Reporting Requirements

As suggested by our recent trail of client alerts, the Corporate Transparency Act (“CTA”) has been the center of controversy, with back and forth rule making and litigation focusing on the Act’s beneficial ownership information (“BOI”) reporting requirements. Please see our client alert from November 5, 2024 for basic information about the CTA filing requirements and the penalties for failing to comply. Our most recent update from March 11, 2025, covered the U.S. Treasury Department’s announcement declaring that they would not enforce any penalties or fines associated with the BOI reporting rule against U.S. citizens, domestic reporting companies, or their […]

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Update: CTA Saga Continues

As we reported in our client alert from November 5, 2024, the 2021 Corporate Transparency Act (“CTA”) requires “reporting companies” to file beneficial ownership information (“BOI”) with the Financial Crimes Enforcement Network (“FinCEN”). There has been a relentless back and forth of rulemaking and litigation efforts initiated last year to halt enforcement of the CTA, as indicated in our previous alert of February 20, 2025. The CTA has civil and criminal penalties for failure to comply, including fines of up to $10,000 and imprisonment of up to 2 years. Or, to be more precise, the CTA used to have these […]

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Update: CTA Filing Requirement Back in Effect (Again)

On February 18, 2025, the U.S. District Court for the Eastern District of Texas stayed the final nationwide injunction preventing enforcement of the Corporate Transparency Act (“CTA”). The recent decision in Smith, et al v U.S. Dept. of Treasury, has allowed the Financial Crimes Enforcement Network (“FinCEN”) to reinstate the CTA’s beneficial ownership information (“BOI”) reporting requirements. As a result, existing companies that are required to submit their BOI reports must now do so by March 21, 2025. Please see our client alert from November 5, 2024 for basic information about the CTA filing requirements and an overview of the […]

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GTC Law Group Attorney Shea Leitch to Participate in Privacy Law Salon Miami Roundtable

GTC Law Group counsel Shea Leitch is participating in the Privacy + Security Academy’s Privacy Law Salon Miami Roundtable, taking place February 16–18 in Miami. The invitation-only event brings together 100 privacy and data security leaders—from CPOs to corporate in-house counsel, advisors, service providers, and academics—to tackle privacy issues through interactive and thought-provoking peer-facilitated discussions. Thought leaders from across the industry will exchange ideas, experiences, insights, and best practices in small, interactive group sessions. Participants are personally selected by the Organizing Committee based on their knowledge, reputation, and history. Shea is a member of GTC’s growing data privacy group. With […]

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GTC Law Group Attorneys to Present Webinar on Privacy Law to the Licensing Executives Society USA & Canada

January 6, 2025—GTC Law Group attorneys Shea Leitch and David Bender are participating in a webinar entitled, “Navigating the Privacy Landscape: A Primer and Recent Updates in US and EU Privacy Law,” hosted by the Washington DC Chapter of the Licensing Executives Society USA & Canada (LES), a professional organization for intellectual property and licensing experts. The webinar, taking place January 8, will cover recent developments in privacy law and offer a comprehensive introduction to the core privacy laws in the United States and the European Union, while also diving into emerging AI regulations, cross-border data transfer frameworks, and privacy […]

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Update: CTA Filing Requirement Blocked Again

On December 26, 2024, the U.S. Court of Appeals for the Fifth Circuit issued an order that effectively reinstates the nationwide preliminary injunction against enforcement of the Corporate Transparency Act (“CTA”) that was the subject of this previous GTC client alert. This order was issued only three days after a separate panel of the Fifth Circuit had lifted the injunction, as described in our client alert of December 24, 2024. Although this ruling could relieve you of your duty to file your company’s Beneficial Ownership Information (“BOI”) report, the U.S. Department of Justice’s appeal of the underlying action is already […]

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Update: CTA Filing Requirement Back in Force

On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit lifted the nationwide preliminary injunction against enforcement of the Corporate Transparency Act (“CTA”) that was the subject of this previous GTC client alert, finding that the government had made a strong showing that it is likely to succeed in defending the CTA’s constitutionality. This means that, unless there is further legal action, the requirement to file beneficial ownership reports with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has been reinstated. However, in recognition of the interruption caused by the injunction, the Treasury Department has extended […]

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GTC Law Group Serves as Strategic M&A Counsel to Cohesity in the Largest Data Protection Deal to Date

Cohesity Becomes World’s Largest Data Protection Software Provider After Completing Combination with Veritas’ Enterprise Data Protection Business December 12, 2024—GTC Law Group, led by Sean Belanga, Sayoko Blodgett-Ford, and Grace Lee, served as counsel to Cohesity on the acquisition, focusing on intellectual property, data privacy and security, and commercial matters. The combination was completed on December 10 and positions Cohesity as the largest data protection software provider by market share. Serving over 12,000 customers, including over 85 of the Fortune 100 and nearly 70% of the Global 500, the company now offers the broadest workload support and one of the […]

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CTA Update: Federal Court Halts Enforcement with Preliminary Injunction

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against enforcement of the Corporate Transparency Act (“CTA”). Although this ruling could relieve you of your duty to file your company’s Beneficial Ownership Information (“BOI”) report, the U.S. Department of Justice has already appealed the court’s action, and the BOI filing requirement could be reinstated on short notice. We therefore recommend you be prepared to file and stay up to date on this quickly changing legal landscape. This alert does not constitute legal advice but does provide a brief update on […]

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