Alerts12.27.24

CTA Reversal Reversed! Fifth Circuit Vacates Its Own Stay, Restores District Court’s Injunction of CTA

The Fifth Circuit has vacated the stay it had granted on Dec. 23, 2024, of the injunction that suspended enforcement of the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting rule

Continuing a series of rapid-fire legal developments regarding the Corporate Transparency Act (CTA), on Dec. 26, 2024, in an unusual action, the U.S. Court of Appeals for the Fifth Circuit vacated its own stay that its motions panel had issued on Dec. 23. To recap recent developments:

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