News & Analysis as of

Corporate Transparency Act Appeals

Benesch

Just a Simple Misunderstanding? The Latest Argument from the United States Department of Treasury Concerning the Constitutionality...

Benesch on

As expected, shortly after receiving the Order from Judge Liles C. Burke of the District Court for the Northern District of Alabama that rendered unconstitutional the Corporate Transparency Act (the “CTA”), the United States...more

Sunstein LLP

Is the Corporate Transparency Act Unconstitutional? Does it Matter?

Sunstein LLP on

On March 1, 2024, a federal district court ruled in National Small Business United v. Yellen that the Corporate Transparency Act (CTA), about which we wrote earlier, is unconstitutional. The U.S. Treasury Department has...more

Whitman Legal Solutions, LLC

Court Decision Doesn’t Affect Corporate Transparency Act Requirements for Most Companies and Real Estate Investors

On March 1, 2024 a United States District Court in Alabama held in National Small Business United dba National Small Business Association v. Yellen (NSBA Case) that the Corporate Transparency Act (CTA) is unconstitutional. ...more

Butler Snow LLP

Department of Treasury Appeals Alabama Corporate Transparency Act Decision

Butler Snow LLP on

On March 11, 2024, the U.S. Department of Justice filed a notice of appeal with the Eleventh Circuit to appeal the decision by the U.S. District Court for the Northern District of Alabama (Northeastern Division) that held...more

Husch Blackwell LLP

The Corporate Transparency Act Is Unconstitutional—But Not for You

Husch Blackwell LLP on

On Friday March 1, 2024, the U.S. District Court for the Northern District of Alabama in NSBA v. Yellen ruled that the Corporate Transparency Act (CTA) is unconstitutional because it cannot be justified as an exercise of...more

Flaster Greenberg PC

Constitutional Challenges to the Corporate Transparency Act

Flaster Greenberg PC on

The federal Corporate Transparency Act (CTA), which went into effect on January 1st of this year, is currently the subject of a constitutional challenge. The link to our prior alert regarding the CTA can be found here....more

Holland & Hart LLP

The Corporate Transparency Act Isn't Dead Yet

Holland & Hart LLP on

Congress has enacted legislation over the decades aimed at curbing money laundering and the financing of terrorism. Increased legislation has been necessary to ensure that the federal government is able to address evolving...more

Proskauer - Regulatory & Compliance

U.S. District Court in Alabama Finds the Corporate Transparency Act Unconstitutional

On March 1, 2024, Judge Liles C. Burke of the U.S. District Court for the Northern District of Alabama ruled that the Corporate Transparency Act (the “CTA”) is unconstitutional, leaving its future uncertain. The CTA requires...more

Sherman & Howard L.L.C.

Corporate Transparency Act Ruled Unconstitutional

Late on Friday, March 1, 2024, a federal judge in the Northern District of Alabama ruled that the Corporate Transparency Act (“CTA”) is unconstitutional pursuant to a Motion for Summary Judgment. Under the CTA, entities...more

Akin Gump Strauss Hauer & Feld LLP

Federal District Court in Alabama Holds Corporate Transparency Act Unconstitutional and Enjoins Enforcement Against Plaintiffs

A U.S. District Court judge in Alabama recently ruled that the Corporate Transparency Act (“CTA”) is unconstitutional. The CTA, which was enacted on January 1, 2021, directs the U.S. Department of the Treasury’s Financial...more

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