by Lindsay Perkins | Mar 24, 2025 | Bria J.M. Cunningham, Christina N. Marvin, Corporate Commercial Transactions
On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued “an interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) to FinCEN under the Corporate Transparency Act.” To...
by Nora Ritinski | Mar 4, 2025 | Bria J.M. Cunningham, Christina N. Marvin, Corporate Commercial Transactions
On March 2, 2025, the U.S. Department of the Treasury (“Treasury Department”) announced “with respect to the Corporate Transparency Act, not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the...
by Nora Ritinski | Feb 19, 2025 | Bria J.M. Cunningham, Christina N. Marvin, Corporate Commercial Transactions
On February 18, 2025, the U.S. District Court for the Eastern District of Texas granted the U.S. Department of the Treasury’s motion to stay the nationwide preliminary injunction against the enforcement of the Corporate Transparency Act in the case of Smith, et al. v....
by Nora Ritinski | Jan 27, 2025 | Bria J.M. Cunningham, Christina N. Marvin, Corporate Commercial Transactions
On January 23, 2025, the U.S. Supreme Court stayed the order of the U.S. District Court for the Eastern District of Texas in Texas Top Cop Shop, Inc., et al. v. James R. McHenry, Acting Attorney General of the United States, et al. (formerly Texas Top Cop Shop, Inc....
by Nora Ritinski | Dec 30, 2024 | Bria J.M. Cunningham, Charles G. Carluccio, Christina N. Marvin, Commercial and Complex Litigation, Corporate Commercial Transactions
The status of the Corporate Transparency Act, including whether and when companies are required to file beneficial ownership information reports, continues to change frequently due to rapid developments in Texas Top Cop Shop, Inc., et al. v. Merrick Garland, Attorney...
by Nora Ritinski | Dec 26, 2024 | Bria J.M. Cunningham, Charles G. Carluccio, Christina N. Avery, Commercial and Complex Litigation, Corporate Commercial Transactions
In response to the preliminary injunction against the enforcement of the Corporate Transparency Act granted in Texas Top Cop Shop, Inc, et al. v. Merrick Garland, Attorney General of the United States, et al., the recent stay of such preliminary injunction, and the...
