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Preliminary Injunctions Corporate Governance

Baker Botts L.L.P.

Corporate Transparency Act Reporting Obligations Back In Effect With Extension

Baker Botts L.L.P. on

Reporting obligations related to the Corporate Transparency Act (“the CTA”) are set to return. As we previously reported, on December 3, 2024, a federal judge in Texas (Texas Top Cop Shop, Inc. v. Bessent) issued a...more

Mayer Brown

FinCEN Confirms Suspension of Corporate Transparency Act

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FinCEN has confirmed that, since December 7, 2024, reporting companies have not been, and will continue to not be, required to file beneficial ownership reports for as long as an injunction of the CTA remains in effect....more

Morrison & Foerster LLP

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

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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

Williams Mullen

5th Circuit Reinstates the Corporate Transparency Act

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The Corporate Transparency Act (CTA) has been reinstated by the United States Court of Appeals for the Fifth Circuit, lifting the preliminary injunction in the Texas Top Cop Shop case....more

Dorsey & Whitney LLP

Corporate Transparency Act: Enforcement Halted Pending Further Court Developments

Dorsey & Whitney LLP on

Canadian companies with U.S. subsidiaries have been gearing up all year to file beneficial ownership reports with FinCEN pursuant to the Corporate Transparency Act, in advance of a January 1, 2025 deadline for entities that...more

BCLP

Reporting Companies May Face a Last-minute Scramble to Comply With the Corporate Transparency Act Due to Accelerated Appellate...

BCLP on

As the government and interested parties continue to fight over the enforcement of the Corporate Transparency Act’s reporting requirements, prudent businesses and reporting companies should be prepared to comply with all...more

BakerHostetler

FinCEN Seeks Immediate Stay of Nationwide CTA Injunction

BakerHostetler on

On Dec. 11, 2024, the U.S. government filed a motion requesting an immediate stay of the preliminary nationwide injunction issued last week by a federal district court in Texas that temporarily halted the implementation of...more

Sheppard Mullin Richter & Hampton LLP

Texas Federal District Court Issues Preliminary Injunction on CTA Nationwide; Department of Justice Appeals

On December 3, 2024, a Federal District Court in the Eastern District of Texas in the case of Texas Top Cop Shop v. Garland placed a nationwide injunction on the Corporate Transparency Act (the “CTA”), a law regulating...more

Parker Poe Adams & Bernstein LLP

Corporate Transparency Act: What the Nationwide Injunction and DOJ Appeal Means for Companies

On December 3, 2024, a Texas federal district court issued a preliminary injunction blocking enforcement of the Corporate Transparency Act (CTA). The Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) has...more

Holland & Knight LLP

Developments in the Texas Top Cop Shop Case Impact Corporate Transparency Act

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The U.S. District Court for the Eastern District of Texas on Dec. 3, 2024, issued a nationwide preliminary injunction suspending the government's enforcement of the Corporate Transparency Act (CTA) and its Implementing...more

Lathrop GPM

Alert: Court Issues Reprieve to the CTA Compliance Deadline of January 1, 2025!

Lathrop GPM on

On December 3, 2024, less than one month before the January 1, 2025 deadline for reporting under the Corporate Transparency Act (“CTA”), the U.S. District Court for the Eastern District of Texas issued an order, in Texas Top...more

WilmerHale

Corporate Transparency Act: FinCEN Provides Guidance in Response to Federal District Court Preliminarily Enjoining Enforcement of...

WilmerHale on

On December 6, 2024, the Financial Crimes Enforcement Network, a bureau of the U.S. Department of the Treasury (“FinCEN”), posted a statement on its website affirming that entities qualifying as “reporting company” (defined...more

Venable LLP

Corporate Transparency Act: Nationwide Injunction Issued by Federal Court

Venable LLP on

On December 3, 2024, the federal district court in the Eastern District of Texas issued an order (Order) for a nationwide preliminary injunction against enforcement of the Corporate Transparency Act (CTA) in Texas Top Cop...more

Miller Canfield

Texas Federal District Court Enjoins Enforcement of Corporate Transparency Act and Implementing Reporting Rule Nationwide

Miller Canfield on

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction temporarily enjoining the Corporate Transparency Act (CTA), 31 U.S.C. §5336 and its implementing...more

Dorsey & Whitney LLP

Department of Justice Appeals Temporary Injunction Halting Enforcement of the Corporate Transparency Act

Dorsey & Whitney LLP on

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against 31 U.S.C. § 5336 and the enforcement of the beneficial ownership information reporting rule...more

Benesch

Nationwide Pause of Corporate Transparency Act and BOI Reporting Requirements

Benesch on

Entities subject to CTA coverage should continue to prepare to report BOI to FINCEN. On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction blocking the...more

Fenwick & West LLP

The Corporate Transparency Act: Reporting Deadline Stayed by Preliminary Injunction

Fenwick & West LLP on

As we previously reported, the Corporate Transparency Act (CTA) requires a broad class of legal entities (referred to as “reporting companies”) to identify and report beneficial ownership information to the Treasury...more

Tucker Arensberg, P.C.

An Eleventh-Hour Pause on the Corporate Transparency Act

Tucker Arensberg, P.C. on

On December 3, 2024, an order of the United States District Court for the Eastern District of Texas granted a nationwide injunction halting enforcement of the Corporate Transparency Act (“CTA”) and regulations enacted under...more

Smith Anderson

Nationwide Injunction Issued Against the Corporate Transparency Act

Smith Anderson on

On December 3, 2024, in Texas Top Cop Shop, Inc. et al. v. Garland, the United States District Court for the Eastern District of Texas (the “Court”) issued a nationwide preliminary injunction against the government’s...more

BCLP

Texas Court Issues Nationwide Injunction Less Than a Month Before the Corporate Transparency Act's Reporting Deadline

BCLP on

Yesterday, a Texas district court issued a nationwide preliminary injunction in Texas Top Cop Shop, Inc. et al., v. Garland et al., enjoining enforcement of the Corporate Transparency Act’s reporting requirements. The CTA...more

Tucker Arensberg, P.C.

Federal and Pennsylvania Corporate Reporting Requirements: Subject to Nationwide Injunction

Tucker Arensberg, P.C. on

This is a last in a series of client alerts and blog posts we’ve issued over the last year designed to inform you of the new Federal and Pennsylvania corporate reporting obligations....more

Paul Hastings LLP

Recent Rulings from Delaware Chancery Favorable to Companies in Shareholder Activism Context

Paul Hastings LLP on

Two recent rulings from the Delaware Court of Chancery relating to matters that arose in shareholder activism campaigns were favorable to companies. In Paragon Technologies, Inc. v. Terence J. Cryan, et al. (November 30,...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Employment Flash - December 2016"

This edition of the Employment Flash looks at a Texas court's grant of a preliminary injunction blocking implementation of a DOL rule that would have more than doubled the minimum salary requirements for the executive,...more

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