Client AlertsCorporate & BusinessCorporate Transparency Act Update: Enforcement of Corporate Transparency Act Resumes After Court Stays Preliminary Injunction
By Lawrence Sheh, Brian Reilly, and Madeline Ursini On December 23, 2024, the 5th U.S. Circuit Court of Appeals granted a stay of the nationwide preliminary injunction granted earlier this month blocking the enforcement of the Corporate Transparency Act (the “CTA”). As a result, reporting companies’ beneficial ownership reporting obligations are once again enforceable. As...