Firm Insights
On January 23, 2025, the U.S. Supreme Court issued an order staying the injunction that had blocked enforcement of the Corporate Transparency Act (the “CTA”) in Texas Top Cop Shop, Inc. v. McHenry (604 U. S. ____ (2025) (previously styled Texas Top Cop Shop v. Garland). This order would have allowed enforceability of the…
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UPDATED DECEMBER 27, 2025 In an unexpected ruling on December 26, 2024, a panel of the United States Court of Appeals for the Fifth Circuit reversed its own decision and reinstated the nationwide injunction blocking enforcement of the Corporate Transparency Act (the “CTA”). This order comes just three days after a different panel of…
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On December 3, 2024, the United States District Court for the Eastern District of Texas enjoined the Corporate Transparency Act (the “CTA”) and the Reporting Rule implementing the CTA (the “December 2024 Order”). The December 2024 Order may reverse course for an estimated 32.6 million existing business entities that otherwise were required to disclose their beneficial owners…
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