Madison Shaner

ASSOCIATE

Madison (Maddie) Shaner joined Milgrom & Daskam as an Associate in 2019. Her practice focuses on corporate and real estate transactions. Maddie counsels clients on entity formation, governance, and commercial contracts on the corporate side, as well as commercial real estate acquisitions and dispositions, leasing, financing, diligence, development, and contract preparation and negotiation. She also has extensive experience drafting and negotiating contracts between businesses and social media content creators.

Prior to joining Milgrom & Daskam, Maddie was an associate at Tyson, Gurney & Hovey, LLC where she conducted oil and gas title examination and assisted in drafting drilling and division order title opinions for upstream oil and gas clients. Maddie attended the University of Colorado Law School. During her time at CU, she worked as a teaching assistant for the first year legal writing program and served on the Board of Editors of the University of Colorado Law Review.

Maddie has a deep passion for serving her community, with a particular focus on education-based initiatives. After graduating from college, she spent two years teaching at a Title I school in Denver through the Teach for America program. During law school, Maddie participated in the Marshall-Brennan Constitutional Literacy Project teaching constitutional law and oral advocacy skills to high school students. She currently volunteers with Burning Through Pages and manages their Teacher Support Grant program.

Maddie is a Colorado native. In her free time, she enjoys traveling, cooking, hiking, and cheering on the Broncos.

FOCUS AREAS

Drafting Amendments to Corporate Bylaws

Business Transactions

Real Estate Development Disclosures

Articles

Real Estate Law

FinCEN and Real Estate: Additional Disclosure Requirements May Be On the Horizon for Real Estate Transactions

As part of the anti-money laundering regime under the Bank Secrecy Act of 1970 (the “BSA”), in late 2021, the Financial Crimes Enforcement Network (“FinCEN”) division of the Department of the Treasury issued an advanced notice of proposed rulemaking (“ANPRM”) seeking to address potential money laundering through real estate transactions. The comment period for the ANPRM closed on February 21, 2022. This ANPRM comes closely after the notice of proposed rulemaking related to the implementation of the Corporate Transparency Act (the “CTA”), which you can read more about here. Both the CTA and the proposed regulations under the ANPRM would require significant levels of disclosure regarding the beneficial ownership of companies and real estate in non-financed real estate transactions. These measures aim to reduce money laundering, and assets held by undisclosed foreign investors. It is estimated that between 2015 and 2020, at least $2.3 billion was laundered through U.S. real estate, though the actual figure is likely much higher Accordingly, both FinCEN and Congress are trying to limit the number of real estate transactions used to launder money.

Read More »
Business & Corporate Law

The Corporate Transparency Act: What It Is and What It Means for Your Small Business

On January 1, 2021, as part of the federal Anti-Money Laundering Act (the “AMLA”), Congress enacted the Corporate Transparency Act (the “CTA”) in an effort to increase corporate transparency. The CTA requires certain companies to file information on their businesses, including “beneficial ownership” information, with the Financial Crimes Enforcement Network (“FinCEN”). The impact of the CTA on companies and those who would be required to report information has not been clear. However, on December 7, 2021, FinCEN issued a Notice of Proposed Rulemaking to establish the regulations that would implement the CTA, and provide additional clarity on which businesses would be considered “reporting companies” under the CTA.

Read More »
Real Estate Law

The Lasting Impact of Covid-19 on Commercial Lease Negotiations

When COVID-19 struck businesses in March of 2020, many assumed the impact would be short-lived, that after a few weeks of shutdowns and lock-ins, business and life would return to normal. Now, well over a year later, and with new variants and surges emerging despite vaccines, the question is: when, how, or even if, a return to offices will occur. Employees are increasingly likely to seek other opportunities if their employers press a return to full-time, in-person work. Job seekers have also begun prioritizing remote work options when looking for new jobs.

Read More »