On December 26, 2024, a panel of the US Court of Appeals for the Fifth Circuit vacated an order issued by a different panel just days before that had stayed the nationwide preliminary injunction suspending enforcement of the Corporate Transparency Act (CTA) and its implementing regulations. The Fifth Circuit’s action has the effect of restoring the nationwide preliminary injunction that had been in effect since early December and once again putting on hold companies’ obligations to file beneficial ownership information with the US Financial Crimes Enforcement Network (FinCEN).
