CORPORATE TRANSPARENCY ACT BLOCKED NATIONWIDE
On December 3, 2024, a Texas Federal Court issued a nationwide injunction blocking the enforcement of the Corporate Transparency Act and staying filing requirement deadlines for Beneficial Ownership Information (BOI) reports. A copy of the Order can be found here.
Please be aware that this is only a preliminary injunction. Currently, it is not known whether the Justice Department intends to appeal the Order. If they do, this injunction may be impacted and the requirement to file BOI reports could be reinstated. Therefore, we urge you to continue to monitor the status of BOI filing requirements.
This client alert is based only on information available at the time of publication and does not constitute legal advice. We encourage you to contact our office at (404) 365-5682 if you have any questions or would like to discuss this information further.
