Despite a Supreme Court order issued on January 23, 2025, as of January 24, 2025, FinCEN has stated they are not requiring companies to file under the CTA. On January 23, 2025, the U.S. Supreme Court, in an unsigned order,...more
1/27/2025
/ Appeals ,
Beneficial Owner ,
Constitutional Challenges ,
Corporate Transparency Act ,
Enforcement Actions ,
Filing Requirements ,
FinCEN ,
New Legislation ,
Preliminary Injunctions ,
Reporting Requirements ,
SCOTUS ,
Stays
FinCEN has issued an alert acknowledging the nationwide injunction halting the enforcement of the Corporate Transparency Act (the “CTA”). FinCEN stated that they will “comply with the order … for as long as it remains in...more
In a broad and significant decision, on December 3, 2024, Federal Judge Amos Mazzant of the Eastern District of Texas issued a nationwide preliminary injunction preventing the federal government from enforcement of the...more