Paola Benitez

2 months ago | jdsupra.com | Paola Benitez |Daniel Jacobson

On January 23, 2025, the Supreme Court of the United States (SCOTUS) lifted the nationwide injunction imposed by the District Court for the Eastern District of Texas in the case of Texas Top Cop Shop, Inc. v.

Jan 6, 2025 | mondaq.com | Paola Benitez |Daniel Jacobson

This alert is an update to the December 24, 2024,article: Stay of Preliminary Injunction Reinstates CTAReporting Requirements. On December 26, 2024, a separate panel of the Fifth CircuitCourt of Appeals (Appeal Panel) vacated its earlier order lifting(Fifth Circuit Motion Panel) the nationwide preliminary injunctionenjoining enforcement of the Corporate Transparency Act (CTA)imposed by the United States District Court for the EasternDistrict of Texas in the case of Texas Top Cop Shop v.

Dec 9, 2024 | mondaq.com | Daniel Jacobson |Paola Benitez

On December 3, 2024, the U.S. District Court for the Eastern District of Texas in the case of Texas Top Cop Shop, Inc., et. al v. Merrick Garland issued a nationwide preliminary injunction against the enforcement of the Corporate Transparency Act (CTA) and the Financial Crimes Enforcement Network's (FinCEN) final rule implementing the beneficial ownership information (BOI) reporting requirements (Reporting Requirements) under the CTA.

Dec 5, 2024 | jdsupra.com | Paola Benitez |Daniel Jacobson

On December 3, 2024, the U.S. District Court for the Eastern District of Texas in the case of Texas Top Cop Shop, Inc., et. al v. Merrick Garland issued a nationwide preliminary injunction against the enforcement of the Corporate Transparency Act (CTA) and the Financial Crimes Enforcement Network’s (FinCEN) final rule implementing the beneficial ownership information (BOI) reporting requirements (Reporting Requirements) under the CTA.

Nov 10, 2024 | mondaq.com | Paola Benitez

The Financial Crimes Enforcement Network (FinCEN) announced as of October 29, 2024, a six-month extension for certain businesses affected by recent hurricanes to submit their beneficial ownership information (BOI) reports under the Corporate Transparency Act (CTA). This extension responds to the challenges faced by companies in designated disaster areas. The six-month extension applies to companies that meet two key requirements: 1.