Ashleigh Taylor, an Associate in Kleinbard’s Business & Finance Practice, authored an article in The Legal Intelligencer on The Corporate Transparency Act (CTA), a federal legislation, aimed at preventing the misuse of shell companies for illicit purposes, and its potential impact on middle market M&A transactions. The article explains the implications and consequences of the CTA as well as the major effects on middle market businesses and buyers. It’s predicted that middle market businesses may feel a perceived loss of anonymity and increased compliance costs, while potential buyers may benefit from improved transparency and accuracy from the outset – ultimately streamlining the due diligence process.
To read the full article, click here.
