Fifth Circuit Reinstates Requirements of Corporate Transparency Act

Yesterday afternoon, on December 23, the U.S. Court of Appeals for the Fifth Circuit issued a per curiam opinion (signed by Judges Stewart, Hayes and Higginson) staying the preliminary injunction previously entered in the Eastern District of Texas prohibiting enforcement of the federal Corporate Transparency Act (CTA) (31 U.S.C. ยง 5336) and the Beneficial Ownership Information Reporting Requirements Final Rule promulgated thereunder (Final Rule) (31 C.F.R. 1010.380)......
By: Bass, Berry & Sims PLC

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