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Akerman LLP

Stay of Preliminary Injunction Reinstates CTA Reporting Requirements

Akerman LLP on

This article is an update to the December 9, 2024, article: UPDATE: FinCEN Alerts That CTA Reporting Is Voluntary While Preliminary Injunction Remains in Effect - On December 23, 2024, the United States Court of Appeals for...more

Coblentz Patch Duffy & Bass

Corporate Transparency Act to Remain Enjoined Pending US Appeal

On December 23, 2024, the United States Court of Appeals for the Fifth Circuit stayed the nationwide injunction that temporarily halted enforcement of and compliance with the Corporate Transparency Act....more

Polsinelli

UPDATE: Corporate Transparency Act Filing Deadlines Reinstated and Extended until January 13, 2025; Appeals Court Sides with...

Polsinelli on

On December 23, 2024, the U.S. Fifth Circuit Court of Appeals issued an Order that served to stay the nationwide preliminary injunction in respect of CTA enforcement.  In that ruling, the Fifth Circuit found the government...more

Weintraub Tobin

Court Blocks Nationwide Injunction of the Corporate Transparency Act: Fifth Circuit Grants Stay Pending Appeal; Compliance Period...

Weintraub Tobin on

On December 23, 2024, the Fifth Circuit Court of Appeals granted the government’s emergency motion for a stay, effectively blocking a nationwide injunction issued by a district court against the Corporate Transparency Act...more

Goulston & Storrs PC

CTA Update: Injunction Lifted and Filing Deadlines Extended

Goulston & Storrs PC on

On December 23, 2024, the United States Court of Appeals for the Fifth Circuit lifted the injunction issued earlier this month that had paused enforcement of the Corporate Transparency Act (“CTA”). In response, the U.S....more

Hinckley Allen

CTA Reinstated: Extended Reporting Deadlines

Hinckley Allen on

On December 23, 2024, the Fifth Circuit Court of Appeals granted the Department of Justice’s motion to lift a preliminary injunction, which blocked the enforcement of the Corporate Transparency Act (CTA). This decision...more

Polsinelli

Corporate Transparency Act Filing Deadlines Reinstated for Now; Appeals Court Sides with Government in Stay of Nationwide...

Polsinelli on

On December 23, 2024, the U.S. Fifth Circuit Court of Appeals issued an Order that served to stay the nationwide preliminary injunction in respect of CTA enforcement. In that ruling, the Fifth Circuit found the government met...more

Vorys, Sater, Seymour and Pease LLP

CTA UPDATE – Fifth Circuit Lifts Nationwide Preliminary Injunction – FinCEN Extends Filing Deadlines

On December 23, 2024, the Fifth Circuit Court of Appeals lifted the District Court’s nationwide preliminary injunction against enforcement of the Corporate Transparency Act (CTA) in the case of Texas Top Cop Shop, Inc., et...more

Ruder Ware

The CTA is Back, Back Again

Ruder Ware on

The Corporate Transparency Act (“CTA”) and its reporting requirements are back in effect. The Fifth Circuit Court of Appeals has granted the U.S. Government’s motion for an emergency stay of the nationwide CTA injunction....more

DLA Piper

Fifth Circuit Stays Injunction Halting Corporate Transparency Act’s Enforcement; Treasury Updates Deadline to January 13, 2025 for...

DLA Piper on

On December 23, 2024, the US Court of Appeals for the Fifth Circuit issued an order granting the government's emergency motion for a stay pending appeal of the preliminary injunction against the Corporate Transparency Act...more

DLA Piper

Feeble § 101 Litigation Position Results in Significant Award of Fees and Costs

DLA Piper on

The District Court of Delaware recently confirmed an award of $9.15 million in attorney’s fees and costs to defendant Elysium Health, Inc. (Elysium), resulting from what it determined to be insubstantial litigation positions...more

NAVEX

The Compliance Balancing Act: How Less Complexity Can Mean More ROI

NAVEX on

What if less could mean more? For organizations grappling with the complexity of managing compliance across multiple vendors, systems, and workflows, this question is more than theoretical. It’s a strategic imperative....more

Greenberg Glusker LLP

Fifth Circuit Lifts Injunction on Corporate Transparency Act: BOI Filing Deadline Reinstated for January 1, 2025

Greenberg Glusker LLP on

UPDATE as of 12/24/24: FinCen has updated their website extending the beneficial ownership reporting deadline for reporting companies that were created or registered prior to January 1, 2024, from January 1, 2025, to January...more

Ruder Ware

FinCEN Announces New January 13, 2025, Deadline for Most CTA Filings

Ruder Ware on

FinCEN has extended the reporting deadline for companies created or registered before January 1, 2024, to January 13, 2025. In an alert posted Tuesday night, FinCEN recognized that “reporting companies may need additional...more

Sunstein LLP

Corporate Transparency Act: To File or Not to File?

Sunstein LLP on

The Corporate Transparency Act (CTA) requires most small companies doing business in the United States to disclose information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN), by January 1,...more

Stinson - Corporate & Securities Law Blog

SEC Announces Settlement with Express, Inc. for Failure to Disclose CEO Perks

On December 17, 2024, the Securities and Exchange Commission (“SEC”) announced that it had settled charges against Ohio-based Express, Inc. (“Express”). The SEC ultimately found that Express violated Sections 13(a) and 14(a)...more

Ballard Spahr LLP

FinCEN Extends Deadlines in Light of Reinstatement of the CTA

Ballard Spahr LLP on

As noted in our client alert yesterday, the U.S. Court of Appeals for the Fifth Circuit reinstated the enforceability of the Corporate Transparency Act (CTA) and lifted the preliminary injunction issued by the U.S. District...more

Holland & Knight LLP

Buckle Your Seatbelt, It's Going to Be a Bumpy Ride … or Is It?

Holland & Knight LLP on

Readers, thank you for journeying with us through all nine (and this, our 10th and final!) installments of Season's Readings. In this final piece, we turn from the past and look ahead to what may be in store from the SEC's...more

Ballard Spahr LLP

U.S. Court of Appeals Reinstates Enforcement of the CTA Nationwide

Ballard Spahr LLP on

On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit reinstated the enforceability of the Corporate Transparency Act (CTA), and the preliminary injunction issued by the U.S. District Court for the Eastern...more

Jones Day

Antitrust/M&A - Year-in-Review 2024

Jones Day on

2024 was a significant year for merger enforcement worldwide. In the United States, the Biden administration continued the aggressive approach reflected in the revamped Merger Guidelines issued in December 2023. In Europe,...more

Benesch

Fifth Circuit Revives Corporate Transparency Act, Filing Deadlines Reinstated

Benesch on

As we previously reported, on December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction blocking the U.S. Department of Treasury from enforcing the Corporate...more

World Law Group

2024 WLG Whistleblower Guide: Peru

World Law Group on

Is there a law to protect whistleblowers? If so, which law? Yes, there is a labor law that protects whistleblowers. On February 6, 2003, Law No. 27942, "Law to Prevent and Punish Sexual Harassment,” entered into force....more

Ballard Spahr LLP

Fifth Circuit Halts Nationwide Stay of CTA Enforcement

Ballard Spahr LLP on

The Fifth Circuit has granted the government’s request to stay temporarily the order and injunction issued by the United States District Court for the Eastern District of Texas, which had issued a nationwide stay prohibiting...more

Husch Blackwell LLP

Proposed Continuing Resolution May Extend Deadline for Certain CTA Reporting Companies - UPDATED 12-23-2024

Husch Blackwell LLP on

The Continuing Resolution (CR) that was actually passed by Congress on Friday, December 20, 2024, did not contain language extending the reporting deadline under the Corporate Transparency Act (CTA) that was in a previous...more

Shipman & Goodwin LLP

Corporate Transparency Act - Nationwide Injunction Lifted and Deadlines Reinstated with Some Extensions

Shipman & Goodwin LLP on

As a follow-up to our alert on December 23, 2024 that the nationwide injunction related to the enforcement of the Corporate Transparency Act has been lifted and filings of beneficial ownership information reports by reporting...more

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