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.The Latest
From Clingen Callow & McLean
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.FinCEN Updates CTA Guidance
May 13, 2024 | Client Alert
On April 18, FinCEN updated its Frequently Asked Questions regarding the Corporate Transparency Act. The FinCEN updates, like prior updates, are presented in question and answer format and address a number of issues, including who and what is subject to… Read More