The Bottom Line In a significant development for the Corporate Transparency Act (CTA), the U.S. Supreme Court has stayed one nationwide injunction, while a second nationwide injunction remains in effect, further complicating the legal landscape for businesses. Timeline: Prior CTA Continue Reading
Reversing Course, Fifth Circuit Halts CTA Reporting Requirements
The Bottom Line Timeline: Prior CTA Developments New Development: Fifth Circuit Reversal On December 26, 2024, the Fifth Circuit vacated the motion panel’s order staying the injunction pending its consideration of the constitutionality of the CTA. In issuing its order, the Fifth Continue Reading
Corporate Transparency Act Update: Back in Effect, Extended Deadlines and What It Means for You
Update On December 26, 2024, the Fifth Circuit vacated the motion panel’s order staying the injunction pending its consideration of the constitutionality of the CTA. The court’s review will be expedited. In issuing its order, the Fifth Circuit noted it’s desire to maintain the “constitutional Continue Reading
Corporate Transparency Act Update: Texas Court Temporarily Halts Beneficial Ownership Reporting Requirement
Update On December 23, 2024 a motions panel of the United States Court of Appeals for the Fifth Circuit stayed the District Court’s injunction, which effectively reinstated the beneficial ownership reporting requirement under the CTA. The same day, the U.S. Treasury’s Financial Crimes Enforcement Continue Reading
The Corporate Transparency Act: Beneficial Owner Reporting Requirements for Private Companies
Update Following a nationwide preliminary injunction on the enforcement of the CTA by a federal judge in Texas on December 3, 2024, reporting companies facing upcoming beneficial ownership reporting deadlines under the CTA are not required to submit their reports pending further developments in Continue Reading
Preparing for 2024: Top 12 Ways to Protect Your Firm
Leaders of public relations and marketing communications firms work at the intersection of many dynamic areas in order to make their firms thrive. How can firms prepare for the year ahead? Davis+Gilbert recommends a dozen key action items — ranging from topics as diverse as navigating the Continue Reading