CTA Reporting Requirements STAYED AGAIN

On December 3, 2024, the U.S. District Court for the Eastern District of Texas entered an order stopping the enforcement of the Corporate Transparency Act (“CTA”) and its corresponding reporting rule. The U.S. government requested a stay of the preliminary injunction, which the district court denied on December 17. The government appealed, and, on December 23, 2024, the motions panel of Fifth Circuit Court of Appeals granted the government’s emergency motion for a stay pending appeal....
By: Roetzel & Andress

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