Fifth Circuit Reinstates Nationwide Injunction Against Enforcement of the CTA
By EsqSocial Corporation 30/12/24
On December 26, 2024, in response to an emergency motion for rehearing filed by plaintiffs, the US Court of Appeals for the Fifth Circuit reinstated the nationwide preliminary injunction against enforcement of the Corporate Transparency Act (CTA) (31 U.S.C. ยง 5336) and the Beneficial Ownership Information Reporting Requirements final rule (Final Rule) promulgated thereunder (31 C.F.R. 1010.380)....
By: McDermott Will & Emery