On December 3, 2024, the United States District Court for the Eastern District of Texas issued a nationwide preliminary injunction against enforcement of the Corporate Transparency Act (“CTA”).  Enacted as part of the Anti-Money Laundering Act of 2020, the CTA requires certain legal entities to report beneficial ownership information (“BOI”) to the U.S. Department of…

As 2024 comes to a close, companies created prior to January 1, 2024 should be mindful of the year-end deadline to analyze whether they must report Beneficial Ownership Information (“BOI”) to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”) pursuant to the reporting provisions of the Corporate Transparency Act (“CTA”).  Companies should take immediate action to determine whether filing is necessary to avoid potential civil and/or criminal penalties.  McGuireWoods described the CTA’s requirements in a previous post and the requirements are also summarized below.

As the pharma services sector grows, regulators at the Department of Justice and Food and Drug Administration are putting everything from clinical trials to site management under the microscope.

McGuireWoods partner Clint Narver speaks from experience: He joined the firm after serving in leadership roles at both agencies. With host Geoff Cockrell, Clint helps…

Notable litigation filed in October 2024 includes: (1) Jolley v. WCM Global Wealth, LLC, et al., No. 2024CP2306268 (S.C. Com. Pl.); (2) Vazquez, et al., v. Inventis Ventures Holding, Inc., et al., No. 2024-01436108 (Cal. Super. Ct.); and (3) Jaramillo v. AM Transport Group LLC, et al., No. 2024-020463-CA-01 (Fla. Cir. Ct.).…

Arlington Capital Partners has announced its acquisition of TEAM Technologies from Clearlake Capital Group.

TEAM Tech, founded in 1988 and based in Morristown, Tennessee, is a manufacturing solutions provider for medical and dental products.

Arlington Capital, founded in 1999 and based in Washington, D.C., is a private equity firm specializing in government-regulated industries,…

Shore Capital Partners has announced the recapitalization of Point C.

Point C, founded in 2020 and based in Chicago, is a third-party administrator of medical benefits, cost containment and other administrative services for self-insured employers.

Shore Capital, based in Chicago, pursues investments in the lower middle market in healthcare and several other industries.…

H.I.G. Capital has announced a significant growth investment in Carebox.

Carebox, founded in 2014 and based in Raleigh, North Carolina, is a software platform that connects patients, families and physicians with treatment options only available in clinical trials.

H.I.G. Capital, based in Miami, pursues a wide range of investments in healthcare and many…