News & Analysis as of

Unconstitutional Condition Department of Justice (DOJ) Corporate Transparency Act

Rothwell, Figg, Ernst & Manbeck, P.C.

Update: The Corporate Transparency Act Put On Hold

As an update to our post on the Corporate Transparency Act, on December 3, 2024, a federal district court issued a nationwide preliminary injunction pertaining to the Corporate Transparency Act in Texas Top Cop Shop, Inc. v....more

Snell & Wilmer

Is the Corporate Transparency Act Going To Be Brought Back to Life?

Snell & Wilmer on

On December 5, 2024, the Department of Justice (DOJ), filed a Notice of Appeal in response to a U.S. District Court’s recently issued, nationwide preliminary injunction stopping the reporting obligations under the Corporate...more

Allen Barron, Inc.

Important News Regarding the Beneficial Owners Interest (BOI) Report

Allen Barron, Inc. on

There is important news regarding the Beneficial Owners Interest (BOI) report based upon a recent District Court decision in Texas. In the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al., Case No. 4:24-cv-478,...more

Best Best & Krieger LLP

Texas Federal Court Blocks Enforcement of Corporate Transparency Act

Best Best & Krieger LLP on

On Tuesday December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction which precludes enforcement of the Corporate Transparency Act (CTA) (See, Texas Top Cop Shop,...more

McNees Wallace & Nurick LLC

Corporate Transparency Act Dealt Blow by Eastern District of Texas: How Reporting Companies Can Proceed

On Tuesday, December 3, 2024, the Federal District Court for the Eastern District of Texas (the “Court”) issued an opinion in Texas Top Cop Shop, Inc. et al. v. Merrick Garland, Attorney General of the United States, et al....more

White and Williams LLP

Federal Court Suspends Enforcement of the Corporate Transparency Act’s Reporting Requirements

White and Williams LLP on

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction prohibiting the federal government from enforcing the Corporate Transparency Act (the “CTA”) nationwide. Texas Top...more

Pierce Atwood LLP

Federal Government Appeals Suspension of Corporate Transparency Act Deadline

Pierce Atwood LLP on

On December 3, 2024, the Eastern District of Texas issued a nationwide preliminary injunction suspending enforcement of the Corporate Transparency Act (CTA), less than a month before the deadline. The ruling temporarily...more

Greenberg Glusker LLP

Nationwide Injunction Halts Enforcement of the Corporate Transparency Act

Greenberg Glusker LLP on

UPDATE as of 12/7/2024: FinCen has updated their website addressing the recent federal court order, publicly stating that reporting companies are not currently required to file beneficial ownership information with FinCEN and...more

Flaster Greenberg PC

Preliminary Injunction Blocking Enforcement of the Corporate Transparency Act

Flaster Greenberg PC on

We previously discussed a ruling by a federal District Court in Alabama finding that the Corporate Transparency Act (“CTA”) was unconstitutional, with the holding limited to the plaintiffs in the case. For general background...more

King & Spalding

Federal District Court in Texas Grants “Nationwide” Preliminary Injunction Against CTA Enforcement

King & Spalding on

On December 3, 2024, the United States District Court for the Eastern District of Texas entered a nationwide preliminary injunction against the enforcement of the Corporate Transparency Act (“CTA”) and its implementing...more

Farella Braun + Martel LLP

Nationwide Injunction Halts Corporate Transparency Act Enforcement

A recent federal court decision eliminates the present need for any person or company to comply with the Corporate Transparency Act (CTA) and its implementing regulations. This decision may be reversed upon appeal, but as of...more

Akin Gump Strauss Hauer & Feld LLP

Federal Court Issues Preliminary Injunction of CTA

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction regarding enforcement of the Corporate Transparency Act (CTA) and related beneficial ownership reporting rule. The...more

Adams & Reese

“Christmas Curveball” – CTA Temporarily Blocked Nationwide by Texas Court Injunction

Adams & Reese on

A Texas federal court judge has thrown a Christmas curveball at FinCEN with less than one month remaining before the CTA deadline of Jan. 1, 2025. On that date more than 30 million companies would be required to report their...more

Holland & Hart LLP

What Does the Nationwide Preliminary Injunction of the Corporate Transparency Act Mean for Businesses?

Holland & Hart LLP on

On December 3, 2024, the U.S. District Court for the Eastern District of Texas granted a nationwide preliminary injunction barring enforcement of the Corporate Transparency Act (CTA)1 and its key implementing regulations...more

Snell & Wilmer

The Corporate Transparency Act – Is it on Life Support?

Snell & Wilmer on

In Texas Top Cop Shop, Inc. et al. v. Merrick Garland, a U.S. District Court in Texas has issued a potentially major setback to the continued application of the Corporate Transparency Act (CTA), which became effective on...more

Bracewell LLP

Texas Court Issues Nationwide Preliminary Injunction of the Corporate Transparency Act

Bracewell LLP on

On December 3, 2024, the US District Court for the Eastern District of Texas issued a nationwide preliminary injunction, halting enforcement of the Corporate Transparency Act (CTA) and its implementing regulations....more

Seward & Kissel LLP

Corporate Transparency Act Blocked by Recent Injunction

Seward & Kissel LLP on

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction prohibiting the federal government from enforcing the Corporate Transparency Act (the “CTA”) nationwide (Texas Top...more

Ward and Smith, P.A.

Legal Pause: Preliminary Injunction on Corporate Transparency Act Enforcement

Ward and Smith, P.A. on

On December 3, 2024, in the matter of Texas Top Cop Shop, Inc., et al. v. Garland, et al., the U. S. District Court for the Eastern District of Texas (Sherman District) issued a preliminary injunction against the Corporate...more

Chambliss, Bahner & Stophel, P.C.

Federal Court Blocks Enforcement of Corporate Transparency Act

With the January 1, 2025, filing deadline less than a month away, a Texas federal court issued a nationwide preliminary injunction against enforcement of the Corporate Transparency Act (CTA) on December 3, 2024....more

Neal, Gerber & Eisenberg LLP

Texas Federal Court Issues Preliminary Injunction Enjoining Enforcement of The Corporate Transparency Act Nationwide

On December 3, 2024, in Texas Top Cop Shop, Inc. v. Garland, Judge Mazzant of the U.S. District Court for the Eastern District of Texas, “determined that the CTA and Reporting Rule are likely unconstitutional for purposes of...more

Pillsbury Winthrop Shaw Pittman LLP

Corporate Transparency Act Enjoined

A U.S. District Court has issued a nationwide preliminary injunction barring enforcement of the Corporate Transparency Act (CTA) and staying the January 1, 2025 compliance deadline. A Texas district court has enjoined the...more

ArentFox Schiff

Nationwide Preliminary Injunction Issued Barring Enforcement of the CTA

ArentFox Schiff on

On December 3, the US District Court for the Eastern District of Texas issued a nationwide preliminary injunction barring the enforcement by the US government of the Corporate Transparency Act (CTA)....more

Kohrman Jackson & Krantz LLP

Federal Court Halts Enforcement of Corporate Transparency Act Nationwide: Recommended Steps for Businesses

On December 3, 2024, a Texas federal district court issued a nationwide preliminary injunction temporarily blocking the enforcement of the Corporate Transparency Act (CTA) and its requirement to report the beneficial owners...more

Davis Wright Tremaine LLP

Nationwide Injunction Pauses Enforcement of the Corporate Transparency Act

On December 3, 2024, a federal court issued a nationwide preliminary injunction blocking the enforcement of the Corporate Transparency Act (CTA). This injunction creates uncertainty ahead of the CTA's January 1, 2025,...more

Holtzman Vogel Baran Torchinsky & Josefiak

In-Compliance Newsletter: March 2024 Round-up

On March 15, 2024, the Supreme Court issued a unanimous opinion in Lindke v. Freed and a per curiam opinion in O’Connor-Ratcliff v. Garnier addressing when a public official may prevent a person from commenting on the public...more

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