In this episode, Samantha Alecozay, a practicing faculty member at St. Mary’s University School of law, and the founding attorney of Alecozay Law Firm, PLLC, discusses her forthcoming article, “The Small Business Killer: How FinCEN Enforcement of the CTA Could Destroy the Last Bastion of the American Dream,” which will be published by the Lincoln Memorial University Law Review. In the meantime, it’s available to download on SSRN.

Alecozay describes the Corporate Transparency Act, which came into effect on January 1, 2024. The CTA is meant to create a national database of owner information for certain business entities with the goal of combating money laundering. But, as Alecozay details, the law both fails to target the most likely culprits and applies to a vast array of innocent businessowners. Failure to provide the detailed information requested may result in civil penalties of nearly $600 per day, and only a small portion of the millions of businesses affected are aware of the law’s requirement. Alecozay addresses the challenges of enforcing such a broadly applicable statute, as well as the potential for significant damages and disruption to businessowners caught unawares by the CTA’s requirements.

This episode was hosted by Michael L. Smith, Assistant Professor of Law at St. Mary’s University School of Law. Smith is on Twitter (or “X”) at @msmith750, and is on BlueSky at @msmith750@bksy.social.

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In this episode, Rohan L. Grey, Assistant Professor of Law at Willamette University College of Law, discusses his new article "Public Spending, Price Stability, and the Green Transition: A Reassessment," which is published in the George Washington Journal of Energy and Environmental Law. Grey begins by explaining why inflation is a policy problem and how we have historically tried to manage it. He identifies some weaknesses of the traditional methods of managing inflation and describes some alternative approaches that could be more efficient and effective. He then explains one potential way of applying those methods to the environmental crisis by nationalizing oil and gas companies. Grey is on Twitter at @rohangrey.

This episode was hosted by Brian L. Frye, Spears-Gilbert Professor of Law at the University of Kentucky College of Law. Frye is on Twitter at @brianlfrye.

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In this episode, Matthew Steilen, Professor of Law at the University of Buffalo School of Law, discusses his draft article "Magna Carta and the Origins of Legislative Power," which is part of a book project. Steilen begins by explaining the origins and purpose of Magna Carta. He then focuses on Chapter 12 of Magna Carta, which requires "common counsel." He explains why the conventional wisdom about the meaning of Chapter 12 is wrong, and how it was really about requiring spirited debate. He reflects on why that was important and how it informed the development of legislative speech. He also reflects on the historiography of Magna Carta. Steilen is on Twitter at @MJSteilen.

This episode was hosted by Brian L. Frye, Spears-Gilbert Professor of Law at the University of Kentucky College of Law. Frye is on Twitter at @brianlfrye.

Hosted on Acast. See acast.com/privacy for more information.