UPDATE: Injunction on Corporate Transparency Act ….Again
The nationwide injunction has been reinstated on the enforcement of the Corporate Transparency Act (CTA). The latest action comes from the merits panel of the Fifth Circuit Court of Appeals.
There has been an abundance of activity surrounding the CTA in just the last several weeks, here is an updated timeline:
Current Status
- December 26: Merits panel of the Fifth Circuit Court of Appeals vacates the lifting of the stay, thus reinstating the injunction, issued by a different panel on December 23.
Earlier This Month
- December 23: Fifth Circuit Court of Appeals lifted the original nationwide injunction and FinCEN extended some BOI reporting deadlines to January 13, 2025.
- December 6: Federal District Court placed a preliminary injunction on the enforcement of the CTA in Texas Top Cop Shop, Inc., et al. v. Garland, et al., Case No. 4:24-cv-478 (E.D. Tex.)
Galleros Robinson will keep you updated as things continue to progress.
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