The Financial Crimes Enforcement Network issued its final rule to implement reporting requirements for beneficial ownership information on September 30, 2022. The Rule will, among other things, require most entities to file with FinCEN the beneficial owners of said entities. The requirements will apply to most companies either located in the U.S. or doing business in the U.S., including pre-existing companies.
Following our article from last month, we continue with our discussion on hedging in real estate financing transactions by discussing the frequently negotiated tension points between the facility agreement and the Hedging Agreement.
On January 25, the White House Domestic Policy Council and National Economic Council published a Blueprint for a Renter Bill of Rights on behalf of the Biden-Harris Administration. The stated purpose of the Renter Bill of Rights is to “support the development of policies and practices that promote fairness for Americans living in rental housing.”
You can read our Clients & Friends Memo here.
Here is a rundown of some of Cadwalader's recent work on behalf of clients.