Paul 'Chip' Lion III

Paul 'Chip' Lion III

Morrison & Foerster LLP

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Fifth Circuit Lifts Injunction on Enforcement of the Corporate Transparency Act; FinCEN Extends Reporting Deadline

In a recent client alert, we notified clients that on December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction against enforcement of the Corporate Transparency Act (CTA) and...more

12/24/2024  /  Beneficial Owner , Business Entities , Commerce Clause , Corporate Governance , Corporate Transparency Act , FinCEN , Preliminary Injunctions , Reporting Requirements , Time Extensions

Government Appeals Nationwide Injunction of the Corporate Transparency Act

As detailed in our client alert regarding the issuance of a preliminary injunction by the Eastern District Court of Texas against the Corporate Transparency Act (CTA), enforcement of the CTA and its reporting rules on...more

12/9/2024  /  Beneficial Owner , Business Entities , Constitutional Challenges , Corporate Transparency Act , FinCEN , Preliminary Injunctions , Reporting Requirements , U.S. Treasury
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