December 17, 2024 | Client Alert
On December 11, 2023, the U.S. Department of Justice filed a Motion to Stay Pending Appeal (the “Motion”) in response to a decision by the U.S. District Court for the Northern District of Texas that issued a preliminary injunction halting enforcement of the Corporate Transparency Act (CTA).The Latest
From Clingen Callow & McLean
Nationwide Injunction Halts Corporate Transparency Act Reporting Requirements
December 5, 2024 | Client Alert
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction in Texas Top Cop Shop, Inc., et al. v. Garland, et al., temporarily halting enforcement of the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements.Corporate Transparency Act – Are You Covered?
July 22, 2024 | Client Alert
You may have heard recent talk about the Corporate Transparency Act (“CTA”) which went into effect as of January 1, 2024, that requires Beneficial Ownership Information reporting for reporting companies into a database with the Financial Crimes Enforcement Network. Generally,… Read More
Recent Developments Regarding the Corporate Transparency Act: Lawsuits, more FAQ Updates, and Congressional Action
June 12, 2024 | Client Alert
Various plaintiffs continue to seek relief from the reporting requirements of the Corporate Transparency Act (the “CTA”) by asserting that the CTA is unconstitutional.