cta Archives - Colorado Attorneys

CTA Update: Nationwide Preliminary Injunction Reinstated

December 31, 2024 by Blake Gabriel

The U.S. Court of Appeals for the Fifth Circuit has once again altered the legal landscape regarding the Corporate Transparency Act (CTA). On December 26, 2024, the court reinstated a nationwide preliminary injunction, pausing the enforcement of the CTA, including the associated filing deadlines. For the moment, companies are once again not required to submit … Continue Reading

CTA Update: Nationwide Preliminary Injunction Lifted

December 26, 2024December 24, 2024 by Blake Gabriel

On December 23, 2024, the Fifth Circuit Court of Appeals lifted the nationwide injunction on the Corporate Transparency Act (CTA), reinstating its enforceability. As a result, reporting companies and their beneficial owners are once again subject to the CTA’s requirements, necessitating the submission of beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN). In … Continue Reading

303-494-3000