News
December 31, 2024
The 5th Circuit Court of Appeals recently issued a significant ruling halting the enforcement of the Corporate Transparency Act (“CTA”), which had been set to require businesses to disclose corporate and personal information by January 13, 2025. This decision marks a dramatic reversal, following a prior ruling just days earlier that had reinstated the reporting requirements. The new halt came after a December 26 ruling by another 5th Circuit panel, which reinstated a nationwide injunction to preserve the status quo while the court reviews the substantive arguments in the case. A hearing is scheduled for March 2025, with briefing schedules