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Keeping owners, managers, and stakeholders up to date on issues affecting their businesses.

Another CTA Turn: One Beneficial Ownership Information Filing Stay Lifted, But Another Remains

Name: Boardman Clark Law Firm
Address: 1 S. Pinckney St., Suite 410, Madison, WI, 53701, United States
Telephone: (608) 257-9521
Price range: $

Lucas P. Sczygelski Jeff Storch 01.24.25

On January 23, 2025, the U.S. Supreme Court granted the federal government’s request to stay a nationwide injunction against enforcing the Corporate Transparency Act (CTA) and its beneficial ownership information (BOI) reporting requirements. The injunction originally was issued by a federal judge in Texas (Texas Top Cop Shop, Inc. v. McHenry—formerly, Texas Top Cop Shop v. Garland).

Jeff Storch 12.27.24

Year-end has seen a flurry of activity on the requirement to file beneficial ownership information (BOI) reports under the Corporate Transparency Act (CTA), with many changes. As of December 26, 2024, BOI filing again is not required (though this could change again).

Jeff Storch 12.23.24

On December 23, 2024, the Fifth Circuit of the United States Court of Appeals granted the Federal government’s motion for a temporary stay of the lower court’s order and injunction that had paused enforcement of the Corporate Transparency Act (CTA).