5th Circuit Court of Appeals Changing Course and Reverses Its Decision to Lift the Stay on the Corporate Transparency Act

Firm AnnouncementsBusiness & Corporate Law
Written By Christie Browning

In an unprecedented move, on December 26, 2024, the 5th Circuit Court of Appeals reversed its decision to lift the stay on the Corporate Transparency Act (CTA) that it had ordered on December 23, 2024. As a result, Beneficial Ownership Information (BIO) reporting is again put on hold.

Because of this, BBDS&B is again instructing its clients to wait to file BOI reports until further instructions are provided as to the validity of the Act from either the Supreme Court or Congress.

If you have any questions on the multitude of recent decisions related to the CTA and BOI filing, please contact us.

Christie Browning

Christie is a five-time HSPA award-winning writer with a long resume of creative, compelling writing. Her background includes journalism and marketing, which allows her to bring a specialized voice to the pieces created for her clients. On her own, Christie has written for newspapers, online magazines and major publications. For her clients, Christie produces web designs, press and media releases, blog articles, downloadable worksheets and flyers as well as social media content. Her long-time career as an entrepreneur gives her unique insight into what her clients need to promote their products, services and messages.

https://www.contentbyrequest.com
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