News & Analysis as of

Reporting Requirements FinCEN

Mayer Brown

Fifth Circuit Reinstates Corporate Transparency Act Filing Requirements; FinCEN Provides Short Extension to Year-End Compliance...

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On December 23, 2024, the US Court of Appeals for the Fifth Circuit granted an emergency motion by the federal government to stay the nationwide preliminary injunction that had suspended enforcement of the Corporate...more

Baker Donelson

Fifth Circuit Reinstates January 1 CTA Filing Deadline

Baker Donelson on

On December 23, in Texas Top Cop Shop, Inc., et al. v. Garland, et al., Case No. 4:24-cv-478 (5th Cir.), the United States Court of Appeals for the Fifth Circuit stayed the nationwide injunction on the filing deadline of the...more

Arnall Golden Gregory LLP

Corporate Transparency Act Injunction Stayed: Beneficial Ownership Information Report Filing Deadlines Updated

This is the fourth installment in our ongoing series of client alerts on the Corporate Transparency Act (the “CTA”). On December 3, 2024, the U.S. District Court for the Eastern District of Texas determined that the CTA was...more

Laner Muchin, Ltd.

Corporate Transparency Act Update – Preliminary Injunction Reinstated by Fifth Circuit on December 26, 2024

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On December 23, 2024, a three-judge panel of the U.S. Court of Appeals for the Fifth Circuit reversed a Texas district court order that had granted a preliminary injunction of the Beneficial Ownership Information (BOI)...more

Saul Ewing LLP

Federal Appeals Court Stays Nationwide Injunction of Corporate Transparency Act; FinCEN Issues Revised Filing Deadlines

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On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit (“Fifth Circuit”) granted the U.S. Government’s motion to stay the nationwide preliminary injunction issued by U.S. District Court for the Eastern District...more

Dorsey & Whitney LLP

FinCEN Sets Revised CTA Filing Deadlines After Federal Appeals Court Overrules Temporary Nationwide Injunction

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On December 23, 2024, the United States Court of Appeals for the Fifth Circuit granted the government’s emergency motion and stayed the temporary nationwide injunction that prohibited enforcement of the Corporate Transparency...more

Miller Canfield

Fifth Circuit Stays the Texas Federal District Court’s Nationwide Preliminary Injunction and Stay of the Corporate Transparency...

Miller Canfield on

On December 23, 2024, in Texas Top Cop Shop, Inc. v. Merrick Garland, Civil Action No.4:24-CV-478 (5th Cir. 2024), the Fifth Circuit Court of Appeals lifted a nationwide preliminary injunction and stay of the U.S. Corporate...more

Holland & Knight LLP

Corporate Transparency Act Back in Effect, But with Extended Deadlines

Holland & Knight LLP on

High drama in Corporate Transparency Act (CTA) world: The latest saga involving the CTA commenced with the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al., where a federal district court judge for the U.S....more

Bass, Berry & Sims PLC

FinCEN Extends BOI Reporting Deadlines: Key Updates for Reporting Companies

Bass, Berry & Sims PLC on

Shortly after publication of our December 23, 2024 Client Alert regarding the Fifth Circuit’s reinstatement of the CTA, FinCEN issued guidance administratively extending the deadlines for certain BOI Report filings.  Most...more

Brooks Pierce

Corporate Transparency Act: Fifth Circuit Revives Reporting Deadlines

Brooks Pierce on

On Monday, December 23, 2024, the Fifth Circuit Court of Appeals issued an order reviving the January 1, 2025, deadline for reporting companies to file beneficial ownership information reports with the Financial Crimes...more

Keating Muething & Klekamp PLL

Corporate Transparency Act Reporting Deadline Back in Effect; FinCEN Grants Deadline Extension

As previously reported, on December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction on the enforcement of the Corporate Transparency Act (the “CTA”) and its...more

McDermott Will & Emery

Corporate Transparency Act Update: Nationwide Injunction Stayed; Deadlines Extended

McDermott Will & Emery on

On December 23, 2024, in response to an emergency motion by the US Department of Justice, the US Court of Appeals for the Fifth Circuit stayed the nationwide preliminary injunction against enforcement of the Corporate...more

Verrill

CTA Filing Obligations Have Been Reinstated—January 1, 2025 Deadline Pushed to January 13 for Most

Verrill on

On December 3, 2024, a US District Court in Texas ruled the Corporate Transparency Act unconstitutional and issued a nationwide preliminary injunction against its enforcement. That ruling was promptly appealed, and on...more

Shipman & Goodwin LLP

BREAKING NEWS: It's Déjà Vu All Over Again - Corporate Transparency Act Nationwide Injunction is Reinstated

Shipman & Goodwin LLP on

Okay, let’s follow the bouncing the ball. On December 3, 2024, the U.S. District Court for the Eastern District of Texas/Sherman Division entered an order enjoining the enforcement of the Corporate Transparency Act (CTA) and...more

Seyfarth Shaw LLP

Fifth Circuit Court Stays Nationwide Injunction on CTA Enforcement - BOI Reporting Requirements Resume

Seyfarth Shaw LLP on

On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit issued an order temporarily staying the nationwide preliminary injunction previously granted in Texas Top Cop Shop, Inc., et al. v. Garland, et al. While...more

Ruder Ware

Oops!…The Court of Appeals Did It Again – CTA Halted!

Ruder Ware on

The U.S. Court of Appeals for the Fifth Circuit has once again vacated enforcement of the Corporate Transparency Act (CTA) and its reporting requirements. This latest decision temporarily halts the mandate for entities to...more

Ward and Smith, P.A.

Corporate Transparency Act Update: Filing Requirements Reinstated

Ward and Smith, P.A. on

On December 23, 2024, the Fifth Circuit Court of Appeals granted a stay over the nationwide injunction issued by the U.S. District Court for the Eastern District of Texas (Sherman District), thereby reinstating the beneficial...more

Husch Blackwell LLP

Nationwide Injunction Halts Enforcement of the Corporate Transparency Act - UPDATED 12-27-2024

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As of the posting of this article, reporting companies nationwide do not need to comply with the Corporate Transparency Act’s (CTA) revised beneficial owner information (BOI) reporting deadlines....more

Tannenbaum Helpern Syracuse & Hirschtritt LLP

CTA Enforcement Halted Once Again!

The filing requirements under the Corporate Transparency Act (“CTA”) have been temporarily suspended again. In yet another reversal, the Fifth Circuit of the United States Court of Appeals in an order filed December 26, 2024...more

Fisher Phillips

Court Revives Corporate Transparency Act and Employers Have New January 13 Reporting Deadline: 3 Things Employers Need to Do

Fisher Phillips on

A federal appeals court just reinstated employers’ reporting obligations under the Corporate Transparency Act (CTA), and the government responded by giving employers a new January 13 compliance deadline. Several weeks after a...more

Kerr Russell

CTA Reporting Requirements Resume: FinCEN Announces Extended Filing Deadlines

Kerr Russell on

On December 23, 2024, a three-judge panel of the U.S. Court of Appeals for the Fifth Circuit issued an order in the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al. staying the nationwide preliminary injunction...more

Genova Burns LLC

Corporate Transparency Act (CTA) - Reporting Requirements Revived

Genova Burns LLC on

The Corporate Transparency Act (CTA), which went into effect on January 1, 2024, mandates that almost all LLC owners submit annual beneficial ownership reports (BOI) to the Financial Crimes Enforcement Network (FinCEN). ...more

Katten Muchin Rosenman LLP

Update: Fifth Circuit Court of Appeals Reinstates Nationwide Injunction on CTA Reporting Requirements – CTA Enforcement Halted...

12/27/2024 Update: On December 26, 2024, the Fifth Circuit of Appeals issued an order that reinstated the nationwide injunction on the CTA’s reporting requirements. As of December 26, 2024, Reporting Companies are once again...more

Venable LLP

Fifth Circuit Grants Stay: FinCEN Extends CTA Initial Reporting Deadline

Venable LLP on

As detailed in our prior client memo regarding Texas Top Cop Shop, Inc. v. Garland, the federal district court in the Eastern District of Texas (Sherman Division) issued an order for a nationwide preliminary injunction...more

Tucker Arensberg, P.C.

Corporate Transparency Act Reporting Requirements are Back in Effect

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In an order issued December 23, 2024, the United States Court of Appeals for the Fifth Circuit set aside a nationwide injunction that had suspended the requirements of the Corporate Transparency Act (“CTA”) and regulations...more

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