News & Insights

An Update on the NY LLC Transparency Act

The federal Corporate Transparency Act (the “CTA”) became effective on January 1, 2024. However, it is not the only legislation requiring the disclosure of a private company’s beneficial owners. On December 22, 2023, New York Governor Kathy Hochul signed the New York LLC Transparency Act (the “NYLTA”). On March 1, 2024, she signed a chapter amendment to the same, which amended certain provisions and prescribed final rules for the NYLTA. Among other changes, this amendment postponed the NYLTA’s original effective date of December 21, 2024. Now, new LLCs formed or registered after January 1, 2026 must comply with the NYLTA within 30 days of formation/registration and LLCs existing prior to January 1, 2026 must comply by January 1, 2027.  ...read more

The NY LLC Transparency Act

SEC Adopts Executive Compensation Clawback Rules Mandated Under Dodd-Frank Act

On October 26, 2022, the Securities and Exchange Commission (SEC) adopted final executive compensation clawback rules (Clawback Rules) that require securities exchanges adopt listing standards requiring each listed company to: ...read more

Archer Adds NY Atty To Business Counseling, M&A Groups

"Archer Adds NY Atty To Business Counseling, M&A Groups", Law360, April 26, 2021. ...read more

James G. Smith Joins Archer

Archer is pleased to welcome Jim G. Smith as a partner in the firm's Business Counseling and M&A Groups in the New York office. Jim joins Archer with over 25 years of experience in complex securities and corporate transactions, investment management and corporate law. He represents clients in both domestic and international acquisitions, joint ventures and dispositions. ...read more