Corporate Transparency Act Dateline: December 31, 2024

Corporate Transparency Act Dateline: December 31, 2024

Requirements under the CTA are evolving quickly. On December 3, 2024, in Texas Top Cop Shop, Inc. v. Garland, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction temporarily blocking enforcement of the CTA's reporting requirements. After much overly dramatic back-and-forth—including the Fifth Circuit’s quick reversal of its own motions panel—the injunction stands … at least until the end of March.