On March 21, 2025, FinCEN issued an interim final rule (Interim Rule) that removes the requirement for U.S. companies and U.S. persons to file beneficial ownership information (BOI) reports under the Corporate Transparency...more
On March 2, 2025, the U.S. Department of the Treasury announced that it intends to suspend enforcement of the Corporate Transparency Act (CTA), and its Reporting Rule, against U.S. citizens and domestic reporting companies....more
On February 27, 2025, FinCEN issued a news release stating that it will not impose fines or penalties for failure to file Beneficial Ownership Information (BOI) reports by the current deadlines. This follows FinCEN’s February...more
On February 17, 2025, the U.S. District Court for the Eastern District of Texas lifted a nationwide order that had blocked enforcement of the Beneficial Ownership Information Reporting Rule. This rule, which implements the...more
On December 31, 2024, the U.S. government filed an application for a stay of the nationwide preliminary injunction against enforcement of the Corporate Transparency Act (CTA) issued by a Texas district court in Texas Top Cop...more
Three days after a motions panel on the Fifth Circuit Court of Appeals granted the government’s emergency motion for a temporary stay on a Texas district court’s nationwide preliminary injunction blocking the enforcement of...more
Earlier this month, a Texas district court issued a nationwide preliminary injunction blocking enforcement of the Corporate Transparency Act (“CTA”). However, on December 23, 2024, the Fifth Circuit Court of Appeals granted...more
Earlier this month, a district court in Texas issued a nationwide preliminary injunction against enforcement of the Corporate Transparency Act (“CTA”). On December 23, 2024, the Fifth Circuit Court of Appeals granted the...more
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against enforcement of the Corporate Transparency Act (“CTA”). The CTA, and its Reporting Rule, were...more
On January 1, 2024, regulations implementing the Corporate Transparency Act (“CTA”) became effective, triggering new reporting obligations for many entities conducting business within the United States. The Final Rule,...more