On January 23, 2025, the Supreme Court of the United States granted the federal government’s motion to stay the nationwide injunction preventing enforcement of the Corporate Transparency Act (the “CTA”) entered by the United...more
1/29/2025
/ Anti-Money Laundering ,
Appeals ,
Beneficial Owner ,
Business Entities ,
Compliance ,
Corporate Transparency Act ,
Enforcement Actions ,
FinCEN ,
Preliminary Injunctions ,
Regulatory Requirements ,
Reporting Requirements ,
SCOTUS
Enforcement of the Corporate Transparency Act (the “CTA”) has again been halted. On December 26, 2024, the United States Court of Appeals for the Fifth Circuit vacated its own stay order entered three days earlier. The most...more
12/31/2024
/ Beneficial Owner ,
Business Entities ,
Business Ownership ,
Compliance ,
Corporate Transparency Act ,
Filing Requirements ,
FinCEN ,
Preliminary Injunctions ,
Regulatory Requirements ,
Reporting Requirements ,
Stays
Injunction Lifted – CTA Enforcement Back in Effect As mentioned in a previous Alert, on December 3, 2024, the United States District Court for the Eastern District of Texas granted a nationwide preliminary injunction...more
12/27/2024
/ Beneficial Owner ,
Business Entities ,
Business Ownership ,
Compliance ,
Corporate Transparency Act ,
Deadlines ,
Filing Requirements ,
FinCEN ,
Preliminary Injunctions ,
Regulatory Requirements ,
Reporting Requirements ,
Stays
CTA Enforcement Halted by Nationwide Preliminary Injunction -
On December 3, 2024, the United States District Court for the Eastern District of Texas halted the enforcement of the Corporate Transparency Act (the “CTA”) by...more
The Corporate Transparency Act (the CTA) went into effect on January 1, 2024 (the Effective Date) and imposed beneficial ownership information (BOI) reporting requirements on any entity that is created or registered by filing...more
In a vote held at a special open commission meeting on April 23, 2024, the Federal Trade Commission (FTC) voted 3-2 in favor of issuing the final Non-Complete Clause Rule (the Final Rule) banning post-employment non-compete...more
5/31/2024
/ Competition ,
Employer Responsibilities ,
Employment Contract ,
Federal Bans ,
Federal Trade Commission (FTC) ,
Final Rules ,
FTC Act ,
Non-Compete Agreements ,
Notice Requirements ,
Restrictive Covenants ,
Unfair Competition