Eastern District Stalls Beneficial Owner Reporting Requirements of the Corporate Transparency Act with Nationwide Injunction

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary (i.e., temporary) injunction staying enforcement nationwide of the beneficial ownership information (BOI) reporting requirements of the federal Corporate Transparency Act (CTA). The ruling in Texas Top Cop Shop, Inc., et al. v. Garland, et al., was issued...