By Lawrence Sheh, Brian Reilly, and Madeline Ursini On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction temporarily blocking enforcement of the Corporate Transparency Act (the “CTA”). This ruling halts the CTA’s requirements for United States “reporting companies” to disclose information about their beneficial owners...

By Lawrence Sheh, Brian Reilly, and Madeline Ursini This is a reminder that the January 1, 2025 deadline for filing a Beneficial Ownership Information (BOI) report under the Corporate Transparency Act (CTA) is approaching. Failure to timely file with the U.S. Treasury’s Financial Crimes and Enforcement Network (FinCEN) may result in substantial civil and criminal...