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Kelsey Gorman

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Corporate Transparency Act Enjoined Again

On December 26, 2024, the U.S. Fifth Circuit Court of Appeals vacated its own order staying the nationwide preliminary injunction of the enforcement of the Corporate Transparency Act (“CTA”) and its reporting deadlines. As it gets closer to the initial deadline of January 1, 2025, the Court has been going…

Updated:

Preliminary Injunction of CTA and What it Means for Reporting Companies

On December 3, 2024 the United States District Court for the Eastern District of Texas granted a nationwide preliminary injunction, enjoining the enforcement of the Corporate Transparency Act (“CTA”) and staying its reporting deadline. Congress passed the CTA in January of 2021, and it became effective on January 1, 2024.…