U.S. Supreme Court Stays Injunction to Allow Implementation of Corporate Transparency Act

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Friday, January 24, 2025
Author: 
Bruce Zagaris
Volume: 
41
Issue: 
2
Abstract: 

On January 23, 2025, the U.S. Supreme Court stayed a nationwide injunction of the Corporate Transparency Act (CTA).  As a result, pending a decision by the U.S. Court of Appeals for the Fifth Circuit and possibly the U.S. Supreme Court, if a writ of certiorari is timely sought, the Financial Crimes Enforcement Network (FinCEN).