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Read Civil Procedure updates, alerts, news, and legal analysis from leading lawyers and law firms:
Cozen O'Connor

Update on Enforcement of CTA – Deadlines Extended

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On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit granted a stay of the district court’s preliminary injunction enjoining the Corporate Transparency Act (CTA) entered in the case of Texas Top Cop Shop,...more

Lowenstein Sandler LLP

Taking the Right Steps To Navigate the Consent To Settle Provision in an Insurance Policy and Maintaining the Right to Coverage...

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Insurers often try to withhold, or at least minimize, coverage by taking the position that a policyholder has failed to keep the insurer sufficiently informed throughout the defense of an underlying matter or has failed to...more

Rivkin Radler LLP

Corporate Transparency Act Injunction Lifted, Deadline to File Extended

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On Monday, December 23, 2024, the U.S. Fifth Circuit Court of Appeals (the “Fifth Circuit”) lifted a Texas district court’s order enjoining the Financial Crimes Enforcement Network’s (“FinCEN’s) enforcement of the Corporate...more

Fox Rothschild LLP

Federal Appeals Court Stays Nationwide Injunction of Corporate Transparency - Act #2

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An appellate panel has stayed the nationwide injunction issued by a federal judge in Texas that halted enforcement of the Corporate Transparency Act (CTA). Hours later, the U.S. Financial Crimes Enforcement Network (FinCEN)...more

Dunlap Bennett & Ludwig PLLC

CTA Update: Nationwide Preliminary Injunction Lifted

This client alert is a follow-up on our prior client alerts related to reporting requirements under the Corporate Transparency Act (“CTA”). In our last client alert on the CTA, we informed you that on December 3, 2024, the...more

Roetzel & Andress

Fifth Circuit Lifts Injunction on Corporate Transparency Act: New Reporting Deadlines Announced

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On December 23, 2024, the United States Court of Appeals for the Fifth Circuit issued an order granting the Department of Justice’s emergency motion for a stay pending appeal, lifting the nationwide injunction blocking the...more

Cole Schotz

Fifth Circuit Strikes Down Injunction; CTA In Effect With Short Deadline Extension

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On December 23, the U.S. Court of Appeals for the Fifth Circuit issued an Order staying the nationwide injunction that previously halted the enforcement of the Corporate Transparency Act (the “CTA”). Without further...more

Rivkin Radler LLP

Fifth Circuit Resurrects Corporate Transparency Act; New Filing Deadline 1/13/25

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On December 23, the Fifth Circuit Court of Appeals lifted the stay on the Corporate Transparency Act (CTA), reinstating its enforcement nationwide. The CTA requires certain non-exempt entities to report the identities of...more

Amundsen Davis LLC

Corporate Transparency Act Deadline Back in Place With FinCEN Deadline Extensions

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Reporting companies are once again required to report their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN) after the U.S. Court of Appeals for the Fifth Circuit lifted an...more

Fox Rothschild LLP

Federal Appeals Court Stays Nationwide Injunction of Corporate Transparency Act

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Key Takeaway: In response to the stay order, the government extended the January 1st filing deadline to January 13, 2025. An appellate panel has stayed the nationwide injunction issued by a federal judge in Texas that halted...more

Lowenstein Sandler LLP

Lump of Coal in the CTA Stocking: Texas Federal Court of Appeals Stays Injunction Against Corporate Transparency Act

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The U.S. Court of Appeals for the Fifth Circuit has granted the government’s motion to stay the Eastern District of Texas’ December 3 nationwide preliminary injunction enjoining enforcement of the Corporate Transparency Act...more

A&O Shearman

Delaware ruling supports enforceability of forfeiture-for-competition provisions

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On December 18, 2024, the Delaware Supreme Court (the “Court”) held in LKQ Corp. v. Rutledge that forfeiture-for-competition provisions in employee equity award agreements are enforceable in certain contexts. This article...more

A&O Shearman

Revolutionising cross-border dividend taxation: implications of the CJEU's decision in Credit Suisse Securities (Europe) Ltd

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The recent decision of the Court of Justice of the European Union (CJEU) in C-601/23 Credit Suisse Securities (Europe) Ltd v. Diputación Foral de Bizkaia represents a transformative development in CJEU Case Law, one that...more

Mayer Brown

Dubai's Highest Onshore Court Rules Unilateral Option Clause Unenforceable

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Split or “asymmetric” arbitration clauses, commonly referred to as “unilateral option clauses” (“UOCs”), provide one party (or a group of parties, but not all the parties) with the exclusive option to elect between...more

McDonnell Boehnen Hulbert & Berghoff LLP

Enough is (Apparently) Enough - Part I

The Buckeye Institute Files Amicus Brief in Newman v. Moore et al. It has been a remarkable feature of the Federal Circuit's suspension of the Honorable Judge Pauline Newman that few have taken a stand publicly on the...more

DLA Piper

Relevance of Trade Secret Ownership for Misappropriation: I-Mab Biopharma v. Inhibrx Inc.

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In I-Mab Biopharma v. Inhibrx, Inc., a trade secret misappropriation case, a federal jury in Delaware sided with the defendants, Inhibrx and its co-founder Brendan Eckelman, on all counts. The jury found no existence of a...more

Greenberg Glusker LLP

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

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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

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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?

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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

DLA Piper

Case-Narrowing Decisions are a One-Way Street: Reviewing Exeltis USA v. Lupin Ltd.

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Exeltis USA, Inc. and other parties (Exeltis) recently prevailed against Lupin Ltd. and Lupin Pharmaceuticals, Inc. (Lupin) in a patent infringement suit brought in the District of Delaware. After a three-day bench trial, the...more

Partridge Snow & Hahn LLP

Appeals We’re Watching: Recent Appeal Potentially Sets Up SCOTUS Ruling on the Constitutionality of Whistleblower-Controlled False...

In October of 2024, the United States appealed the federal district court’s judgment in United States ex rel. Zafirov v. Florida Medical Associates, LLC.  In that case, the court held that the statute authorizing...more

Benesch

Fifth Circuit Revives Corporate Transparency Act, Filing Deadlines Reinstated

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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

Husch Blackwell LLP

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

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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

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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

Morrison & Foerster LLP

Fifth Circuit Lifts Injunction on Enforcement of the Corporate Transparency Act; FinCEN Extends Reporting Deadline

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In a recent client alert, we notified clients that on December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction against enforcement of the Corporate Transparency Act (CTA) and...more

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