News & Analysis as of

Corporate Transparency Act Preliminary Injunctions Filing Deadlines

Flaster Greenberg PC

Corporate Transparency Act Update - FinCEN Interim Rule

Flaster Greenberg PC on

On March 21, FinCEN issued an interim rule that implements the reduced scope of the Corporate Transparency Act (“CTA”) previously announced on March 2....more

Ice Miller

FinCEN Issues Interim Final Rule Removing U.S. Companies and Persons from CTA Reporting Requirements

Ice Miller on

Update: On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule that removes the requirement for U.S. companies and U.S. persons to report Beneficial Ownership Information (BOI) under...more

Flaster Greenberg PC

Corporate Transparency Act Updates - March 2025

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On March 2, the United States Treasury Department announced a permanent suspension of Corporate Transparency Act (“CTA”) enforcement against domestic reporting companies and their beneficial owners. Foreign companies and...more

Stradling Yocca Carlson & Rauth

UPDATE: Navigating the Complexities of CTA Compliance: What You Need to Know

UPDATE 2/26/25: There continue to be developments regarding the Corporate Transparency Act ("CTA") and the applicability of related filing obligations. Please note the following recent updates...more

Bass, Berry & Sims PLC

CTA Beneficial Ownership Information Reporting Requirements Resume March 21, 2025; Preliminary Injunctions Lifted

Bass, Berry & Sims PLC on

On February 18, the U.S. District Court for the Eastern District of Texas lifted the preliminary injunction against enforcement of the Corporate Transparency Act (CTA) and the beneficial ownership reporting rule promulgated...more

Butler Snow LLP

The Corporate Transparency Act is Back

Butler Snow LLP on

On Tuesday, February 18, 2025, a Federal district judge in Texas lifted the nationwide preliminary injunction issued in Smith v. U.S. Dept. of Treasury, which means that the Corporate Transparency Act (“CTA”) and its...more

Vinson & Elkins LLP

Corporate Transparency Act: Once Again Enforceable – New Compliance Dates Apply

Vinson & Elkins LLP on

As we previously discussed, on January 7, 2025, the U.S. District Court for the Eastern District of Texas issued a nationwide injunction delaying the implementation of the Corporate Transparency Act’s (“CTA”) reporting...more

Bailey & Glasser, LLP

Client Alert: CTA Springs Back into Action - New BOI Report Filing Deadline Set for March 21, 2025

Bailey & Glasser, LLP on

Mark your calendars. After months of legal back and forth, the Corporate Transparency Act (“CTA”) reporting requirements are back in effect, for now, with a new deadline of March 21, 2025....more

Chambliss, Bahner & Stophel, P.C.

The Corporate Transparency Act is Back With a New Deadline of March 21, 2025

On February 18, 2025, the U.S. District Court for the Eastern District of Texas stayed its nationwide preliminary injunction on beneficial ownership information (BOI) reporting under the Corporate Transparency Act (CTA). With...more

Flaster Greenberg PC

Corporate Transparency Act Updates - February 2025

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On February 18, a federal court lifted the remaining injunction blocking enforcement of the Corporate Transparency Act (“CTA”), previously discussed. In response, FinCEN has stated that the reporting deadline for existing...more

Kohrman Jackson & Krantz LLP

The Corporate Transparency Act Returns: What You Need to Know

Beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA) are once again back in effect. In the latest in a line of dizzying decisions surrounding the CTA, in Smith v. U.S....more

Polsinelli

Important Update – Corporate Transparency Act Filing Obligations Reinstated and Mandatory

Polsinelli on

CTA filings are obligatory again. Most reporting companies have until March 21, 2025 to complete their filings. If you adopted a wait-and-see posture in regard to making your CTA BOIR filings, the wait is unfortunately over....more

Foley Hoag LLP

Corporate Transparency Act Revived After Last Remaining Nationwide Preliminary Injunction is Lifted - Reporting Deadlines Extended

Foley Hoag LLP on

On February 18, 2025, the U.S. Federal District Court for the Eastern District of Texas lifted the last remaining nationwide preliminary injunction of the CTA in the Smith case. This follows a decision on January 23, 2025, by...more

Perkins Coie

Corporate Transparency Act: FinCEN Reinstates Reporting Requirements with March 21 Deadline

Perkins Coie on

Earlier this week, the Financial Crimes Enforcement Network (FinCEN) issued a new notice confirming that the Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) reporting requirements are back in effect....more

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

Corporate Transparency Act Requirements Are Back: March 21, 2025 Deadline Looms

For the past few months, the beneficial ownership reporting obligations under the Corporate Transparency Act (the “CTA”) have fluctuated between being required pursuant to the CTA and being halted by nationwide preliminary...more

Orrick, Herrington & Sutcliffe LLP

Corporate Transparency Act Beneficial Reporting Back in Effect – Stay Tuned

The Corporate Transparency Act (CTA) is back in effect − at least for now − and companies covered by the CTA are once again required to file beneficial ownership information (BOI) reports with FinCEN. On February 17, 2025, in...more

Saul Ewing LLP

FinCEN Reinstates Beneficial Ownership Reporting Deadline Following Court Ruling

Saul Ewing LLP on

The Corporate Transparency Act (CTA), enacted in 2021, mandates that companies disclose their true ownership to the Financial Crimes Enforcement Network (FinCEN) to combat illicit financial activities. However, its...more

Akerman LLP

Nationwide Enforcement of the Corporate Transparency Act Resumes

Akerman LLP on

On February 18, 2025, the U.S. District Court for the Eastern District of Texas (EDTX) lifted the nationwide injunction to the Financial Crimes Enforcement Network's (FinCEN) enforcement of the Beneficial Ownership...more

Bodman

The Saga Continues: CTA Requirements are Back in Effect

Bodman on

A Texas federal judge has ordered a stay of a nationwide injunction that placed the Corporate Transparency Act’s (“CTA”) filing requirements on hold. As a result, the CTA’s reporting requirements are back in effect. FinCEN...more

Spilman Thomas & Battle, PLLC

Court Lifts Injunction on Corporate Transparency Act – Most Companies Must File by March 21, 2025

After months of litigation, the Corporate Transparency Act (“CTA”) is once again effective, and most companies subject to the CTA are required to file Beneficial Ownership Information (“BOI”) reports with the U.S. Treasury’s...more

Foster Garvey PC

Oh Geez! The Corporate Transparency Act’s Turbulent Rollercoaster Ride Continues

Foster Garvey PC on

I was hoping that I could report to my readers that the turbulent and lengthy ride of the Corporate Transparency Act (“CTA”) was, one way or another, finally over! Unfortunately, I am unable to deliver that news today....more

Bricker Graydon LLP

The CTA is Back in Play, with a Slight Extension

Bricker Graydon LLP on

CTA Update – On Tuesday, February 18, 2025, the US District Court for the Eastern District of Texas stayed its order from January 7, 2025, which provided a nationwide injunction on the CTA’s enforcement....more

Dorsey & Whitney LLP

FinCEN Confirms New CTA Filing Deadline - But Congress Looks to Push Deadlines For Some Reporting Entities to 2026

Dorsey & Whitney LLP on

On February 18, 2025, in a widely expected decision, the Eastern District of Texas, in the case of Smith v. United States Dep't of the Treasury, 2025 WL 41924 (E.D. Tex.), and following the decision of the U.S. Supreme Court...more

Bowditch & Dewey

Corporate Transparency Act – It’s Back!

Bowditch & Dewey on

Tuesday, February 18, 2025, a federal judge in the Eastern District of Texas lifted the preliminary injunction that was the last legal block to FinCEN’s enforcement of the CTA’s reporting requirements....more

Wiley Rein LLP

Corporate Transparency Act Reinstated; New March Deadline for BOI Reports

Wiley Rein LLP on

As discussed last month, in early January, the U.S. District Court for the Eastern District of Texas issued a nationwide injunction temporarily blocking enforcement of the Corporate Transparency Act (CTA) (see Smith et al....more

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