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Saul Ewing LLP

FinCEN Reinstates Beneficial Ownership Reporting Deadline Following Court Ruling

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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

Bilzin Sumberg

Corporate Transparency Act: “Stay” Put

Bilzin Sumberg on

On January 23, 2025, the U.S. Supreme Court granted the U.S. government’s motion to stay a nationwide injunction prohibiting enforcement of the Corporate Transparency Act (“CTA”).  Because a separate nationwide injunction...more

DarrowEverett LLP

Corporate Transparency Act Deadlines Extended: What Businesses Must Know

DarrowEverett LLP on

The nationwide injunction against enforcement of the Corporate Transparency Act (“CTA”) and its beneficial ownership information (“BOI”) reporting rule under 31 CFR 1010.380 (the “Rule”) has been stayed pending appeal, and...more

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