The U.S. Court of Appeals for the Fifth Circuit Grants the Government’s Emergency Motion for a Stay of the District Court’s decision; CTA Requirements Remain in Effect but Deadlines are Extended
By EsqSocial Corporation 27/12/24
On December 23, 2024, the United States Court of Appeals for the Fifth Circuit granted the U.S. government’s motion for a stay of a preliminary (nationwide) injunction of the Corporate Transparency Act (“CTA”) pending appeal. Earlier this month, the U.S. District Court for the Eastern District of Texas issued a decision imposing a “nationwide” preliminary injunction against the enforcement of the CTA and its implementing regulations......
By: King & Spalding