News & Analysis as of

U.S. Treasury Corporate Transparency Act Injunctions

Kerr Russell

Alabama Court Declares Corporate Transparency Act Unconstitutional

Kerr Russell on

On March 1, 2024, a federal district court in Alabama entered a final declaratory judgment, finding the Corporate Transparency Act (CTA) unconstitutional and enjoining the Department of the Treasury and Financial Crimes...more

Fox Rothschild LLP

Federal Judge in Alabama Rules Corporate Transparency Act Is Unconstitutional

Fox Rothschild LLP on

A federal judge in the U.S. District Court for the Northern District of Alabama recently ruled the Corporate Transparency Act (CTA) is unconstitutional. In an opinion issued March 1, 2024, Judge Liles Burke stated that it...more

Warner Norcross + Judd

Federal Court Found Corporate Transparency Act Unconstitutional. What Does this Mean for Entities Preparing to Comply?

On March 1, 2024, the U.S. District Court for the Northern District of Alabama held that the Corporate Transparency Act is unconstitutional. Specifically, the court found that enactment of the CTA could not be justified as an...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

Lowenstein Sandler LLP

Don’t pop the champagne; the CTA isn’t dead ... yet.

On Friday, March 1, 2024, U.S. District Court Judge Liles Burke ruled that the Corporate Transparency Act (CTA) is unconstitutional because Congress exceeded its powers to regulate interstate commerce, oversee foreign affairs...more

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