On March 21, 2025, the Financial Crimes Enforcement Network ("FinCEN") issued an interim final rule removing the requirement for U.S. companies to report their beneficial owners under the Corporate Transparency Act ("CTA"). The interim final rule modifies the definition of a "reporting company" to mean only those entities that are formed under the laws of a foreign country and that have registered to do business in the U.S.

Further information on the new CTA reporting requirements can be found at FinCen.gov: FinCEN Removes Beneficial Ownership Reporting Requirements for U.S. Companies and U.S. Persons, Sets New Deadlines for Foreign Companies | FinCEN.gov

We are honored to announce that partner David Cole and of-counsel attorneys Marc Shach, Constance M. Hare, and Gary R. Greenblatt have been selected by Best Lawyers^® for their 2025 list of the "Best Lawyers in America."

Coon & Cole has moved its Baltimore County office from 305 W. Chesapeake Avenue, Suite 510, Towson, MD 21204 to:

Coon & Cole, LLC
1301 York Road, Suite 400
Lutherville, MD 21093

As we celebrate our 33^rd year in business, we are excited to be in this new, larger office, which will better support our ever-growing practice. We are just minutes up York Road from our old building and a stone’s throw from Interstate-695, in the historic 1301 York Road office building, home of the Peppermill restaurant. Our new building has abundant, free client parking. Our phone numbers, fax number, and email addresses remain the same.

For over 30 years, Coon & Cole has been a trusted, full-service law firm for Maryland businesses, handling their corporate organization, commercial transactions, disputes and litigation, bankruptcy and dissolution.

We pride ourselves on growing with our clients, supporting them over the life of their businesses, bringing our skills to bear as their needs and goals change over time.

Coon & Cole understands that businesses do not operate in a vacuum. Therefore, we strive to develop a holistic strategy with each client that makes sense in the context of its overarching business goals.