Corporate Transparency Act: Fifth Circuit Lifts Nationwide Injunction, FinCEN Extends Filing Deadlines
By EsqSocial Corporation 27/12/24
A divided motions panel of the US Court of Appeals for the Fifth Circuit granted the US government’s request for an emergency stay of a nationwide preliminary injunction against the government’s enforcement of the Corporate Transparency Act (CTA) that was issued by the District Court for the Eastern District of Texas on December 3, 2024. The stay reintroduced the January 1, 2025 deadline for filings under the CTA for reporting companies formed prior to January 1, 2024. Shortly after the ruling,...
By: Morgan Lewis