Wesley Robinson

Dec 24, 2024 | jdsupra.com | Wesley Robinson

As noted in our client alert yesterday, the U.S. Court of Appeals for the Fifth Circuit reinstated the enforceability of the Corporate Transparency Act (CTA) and lifted the preliminary injunction issued by the U.S. District Court for the Eastern District of Texas in Texas Top Cop Shop, Inc., et al. v. Garland, et al. (No. 4:24-CV-0478), on December 23, 2024.

Dec 24, 2024 | jdsupra.com | Wesley Robinson

On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit reinstated the enforceability of the Corporate Transparency Act (CTA), and the preliminary injunction issued by the U.S. District Court for the Eastern District of Texas in Texas Top Cop Shop, Inc., et al. v. Garland, et al. (No. 4:24-CV-0478), has been lifted, effective immediately. What This MeansThe January 1, 2025, compliance deadline for reporting companies in existence as of January 1, 2024, is back in effect.

Dec 5, 2024 | ballardspahr.com | Wesley Robinson |Laura Giles |Terence M. Grugan |Peter Hardy

The U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction on December 3, 2024, in Texas Top Cop Shop, Inc., et al. v. Garland, et al. (No. 4:24-CV-0478).

Aug 29, 2024 | jdsupra.com | Laura Giles |Wesley Robinson

The federal Corporate Transparency Act (CTA) became effective on January 1, 2024, and despite multiple challenges and ongoing court cases, the CTA remains in effect. The CTA requires many entities to file beneficial ownership information reports (BOI Reports) with the U.S. Treasury’s Financial Crimes and Enforcement Network (FinCEN).