As an update to our February 21 article, yesterday FinCEN announced that it “will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial...more
The beneficial ownership information (BOI) reporting obligations under the Corporate Transparency Act (CTA) have been reinstated, and are, once again, mandatory after a Texas federal district court judge’s order on Tuesday,...more
On December 3, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction blocking the Corporate Transparency Act’s (“CTA”) reporting obligations nationwide, pending a final judgment on the...more