December 17, 2024 | Client Alert
On December 11, 2023, the U.S. Department of Justice filed a Motion to Stay Pending Appeal (the “Motion”) in response to a decision by the U.S. District Court for the Northern District of Texas that issued a preliminary injunction halting enforcement of the Corporate Transparency Act (CTA). Read MoreDecember 5, 2024 | Client Alert
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction in Texas Top Cop Shop, Inc., et al. v. Garland, et al., temporarily halting enforcement of the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements. Read MoreJuly 22, 2024 | Client Alert
You may have heard recent talk about the Corporate Transparency Act (“CTA”) which went into effect as of January 1, 2024, that requires Beneficial Ownership Information reporting for reporting companies into a database with the Financial Crimes Enforcement Network. Generally,… Read More
June 12, 2024 | Client Alert
Various plaintiffs continue to seek relief from the reporting requirements of the Corporate Transparency Act (the “CTA”) by asserting that the CTA is unconstitutional. Read MoreMay 13, 2024 | Client Alert
On April 18, FinCEN updated its Frequently Asked Questions regarding the Corporate Transparency Act. The FinCEN updates, like prior updates, are presented in question and answer format and address a number of issues, including who and what is subject to… Read More