Cozen O’Connor: D.C. Council Bill looks to unmask individuals behind all LLCs

D.C. Council Bill looks to unmask individuals behind all LLCs

Tuesday, December 4, 2018

Dan Hardwick, a member of Cozen O’Connor’s Real Estate Practice, is quoted in the Washington Business Journal on a provision in a bill that would require major disclosures from individuals with an ownership interest in limited liability companies. If passed, the bill would require any person with more than a 10 percent ownership interest to disclose their names and addresses when applying for a basic business license.

“I cannot imagine this is being well-received by the community,” said Dan. “It’s an administrative nightmare.”

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Contacts

Daniel W. Hardwick

Vice Chair, Real Estate

dhardwick@cozen.com

(202) 463-2538

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