Corporate Transparency Act: Fifth Circuit Panel Vacates Stay Against CTA Injunction; Reporting Obligations Again Suspended Pending Outcome of Appeal
By EsqSocial Corporation 30/12/24
On December 26, 2024, a merits panel of the Fifth Circuit Court of Appeals vacated the stay entered on December 23, 2024, by its own motions panel against the December 3, 2024, nationwide injunction of the Corporate Transparency Act (CTA) and its Reporting Rule to “preserve the constitutional status quo” pending the outcome of the appeals in the case of Texas Top Cop Shop, Inc. v. Garland, No. 24-40792....
By: Nelson Mullins Riley & Scarborough LLP