UPDATE - Fifth Circuit Reverses District Court’s Injunction Blocking Corporate Transparency Act; FinCEN Extends Filing Deadline to January 13, 2025
By EsqSocial Corporation 27/12/24
Yesterday, the U.S. Court of Appeals for the Fifth Circuit lifted the national stay temporarily prohibiting the federal government from enforcing the Corporate Transparency Act (the “CTA”). Earlier this month, in the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al., No. 4:24-cv-00478 (E.D. Tex.), the U.S. District Court for the Eastern District of Texas blocked the federal government from requiring companies to disclose certain beneficial ownership information (“BOI”) to the Treasury...
By: Seward & Kissel LLP