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Corporate Transparancy Act “CTA”- Additional Updates

The litigation regarding the constitutionality of the Corporate Transparency Act ("CTA") is ongoing and fluid. As of December 27, 2024, the injunction previously put in place by a Texas federal court has been reinstated, making beneficial ownership information reports voluntary...
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Corporate Transparency Act (“CTA”) Updates

The injunction put in place earlier this month by the Texas Court regarding filings under the Corporate Transparency Act ("CTA"), has been overruled. Companies established before January 1, 2024 now have until January 13, 2025 to file their initial beneficial...
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Corporate Transparency Act (“CTA”) Update

Earlier in December, a federal court in Texas issued an injunction putting a temporary hold on the enforcement of the filing requirements of all beneficial ownership reports to FinCen under the Corporate Transparency Act ("CTA") until further notice. This legal...
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