Andrew Pierce Boulay

Dec 5, 2024 | mondaq.com | William Jay |Samantha Kirby |David Sikes |Andrew Pierce Boulay

On December 3, 2024, a United States district court in the Eastern District of Texas preliminarily enjoined the enforcement of the Corporate Transparency Act ("CTA") in its entirety nationwide, and also specifically stayed the reporting deadline of January 1, 2025 for reporting companies formed or registered to do business in the U.S. before January 1, 2024.1 In our view, the US Department of Justice is likely to appeal this injunction in the coming days.

Dec 5, 2024 | jdsupra.com | William Jay |Samantha Kirby |Andrew Pierce Boulay

On December 3, 2024, a United States district court in the Eastern District of Texas preliminarily enjoined the enforcement of the Corporate Transparency Act (“CTA”) in its entirety nationwide, and also specifically stayed the reporting deadline of January 1, 2025 for reporting companies formed or registered to do business in the U.S. before January 1, 2024.1In our view, the US Department of Justice is likely to appeal this injunction in the coming days.

Jul 18, 2024 | jdsupra.com | Samantha Kirby |Andrew Pierce Boulay

On July 8, 2024, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) released new and updated Frequently Asked Questions (FAQs) that clarify FinCEN’s final rules regarding beneficial ownership information (BOI) reporting. Two of the new FAQs (C.13. and C.14.) address the BOI requirements for reporting companies that cease to exist on or after January 1, 2024.

Jul 17, 2024 | mondaq.com | Samantha Kirby |Andrew Pierce Boulay

Goodwin's Corporate Transparency Act Knowledge Center provides useful resources relating to the Corporate Transparency Act (CTA), including toolkits and supplemental information tailored to specific industries. The Knowledge Center and its CTA Compliance Toolkits will be updated periodically, so please continue to check for the latest updates.

Jun 12, 2024 | mondaq.com | Samantha Kirby |Andrew Pierce Boulay

GP Goodwin Procter LLP More At Goodwin, we partner with our clients to practice law with integrity, ingenuity, agility, and ambition. Our 1,600 lawyers across the United States, Europe, and Asia excel at complex transactions, high-stakes litigation and world-class advisory services in the technology, life sciences, real estate, private equity, and financial industries.