Fifth Circuit Grants Stay in Texas Top Cop Shop v. Garland, Lifting Nationwide Injunction on the Corporate Transparency Act Enforcement
By EsqSocial Corporation 24/12/24
In an unpublished order issued on December 23, 2024, the Fifth Circuit granted the Financial Crimes Enforcement Network’s (“FinCEN”) emergency motion for a stay of the nationwide preliminary injunction that blocked enforcement of the Corporate Transparency Act (“CTA”) pending appeal in the case of Texas Top Cop Shop, Inc. v. Garland. The Fifth Circuit’s stay of the preliminary injunction means that the nationwide injunction blocking enforcement of the CTA is no longer valid....
By: Maynard Nexsen