OpenAI, Inc. develops artificial intelligence software involving large language models (“LLM”) known as ChatGPT.  In 2023, several authors, including the comedian Sarah Silverman, filed putative class action lawsuits alleging various copyright infringement claims. On February 12, 2024, a District Court in the Northern District of California issued its Order and ruled on the OpenAI defendants’ motions to dismiss various claims in the two pending putative class action lawsuits.

Continue Reading Authors Get Mixed Results With Initial Skirmish in OpenAI Lawsuit

How far back can a plaintiff recover damages in a copyright infringement case?  Scott Hervey and Jamie Lincenberg discuss this contested copyright law question in this installment of “The Briefing” by Weintraub Tobin.

Continue Reading The Briefing: How Far Back Can You Go: Supreme Court to Decide Circuit Split on Recovery of Copyright Damages
cta compliance team

On March 1, 2024, a lower Alabama federal court held that the Corporate Transparency Act, which requires certain businesses to file a BOI Report with FinCEN that includes information about their beneficial owners, is unconstitutional. Importantly, this ruling DOES NOT affect the legal obligation of entities formed in California, Nevada, or Delaware (among other states) to file their BOI Report within the timeframes specified below at this time.  We are monitoring the development of this and similar court actions across the nation and will continue to provide information about them to those who have indicated a desire to receive this information from us.

Deadlines to File Your BOI Report:

Entity TypeBOI Filing Deadline
Entities in Existence Prior to January 1, 2024On or before January 1, 2025
Entities Formed on or after January 1, 202490 days from the date of formation
Entities Formed on or after January 1, 202530 days from the date of formation

Resources:

Weintraub CTA Compliance Team:

If you have any questions relating to the CTA or need assistance in determining how to prepare for this new filing requirement, please do not hesitate to contact your counsel at Weintraub Tobin or any member of Weintraub Tobin’s CTA compliance team identified below, and they would be happy to assist you.

Weintraub Client Webinar:

On Wednesday, February 21, 2024, Weintraub attorneys Jeanne Vance and Anders Bostrom presented An Overview of the Corporate Transparency Act via webinar. You can watch a recording of the presentation here.

Ongoing CTA updates: Email List:
If you would like to receive updates and information on future educational resources about the Corporate Transparency Act, please sign up here.


UPDATED 3/04/2024

On March 1, 2024, a lower Alabama federal court held that the Corporate Transparency Act, which requires certain businesses to file a BOI Report with FinCEN that includes information about their beneficial owners, is unconstitutional. Importantly, this ruling DOES NOT affect the legal obligation of entities formed in California, Nevada, or Delaware (among other states) to file their BOI Report within the timeframes specified in the chart below at this time.  We are monitoring the development of this and similar court actions across the nation and will continue to provide information about them to those who have indicated a desire to receive this information from us.

ORIGINAL NOTICE 2/20/2024

The Corporate Transparency Act (“CTA”), a new federal filing requirement for many business entities, became effective on January 1, 2024.  The CTA was enacted as part of the Anti-Money Laundering Act of 2020 to provide Federal and State enforcement agencies with more comprehensive information about small and shell companies to help control money laundering and terrorist financing activities.  The database of information provided by the CTA Reports will not be available to the general public but will be accessible by Federal and most states’ criminal and financial law enforcement agencies.

Continue Reading Important Notice Regarding the Corporate Transparency Act Filing Requirements (Updated 3/4/2024)