Category: Client Alerts
Beneficial Ownership Information Reporting Requirements of Corporate Transparency Act Reinstated and Halted Again – For Now
In dizzying back-to-back actions during the Christmas holidays, the U.S. Court of Appeals for the Fifth Circuit (the “Fifth Circuit”) first stayed and then reinstated the nationwide preliminary injunction temporarily blocking enforcement of beneficial information reporting requirements of the Corporate Transparency Act (“CTA”). Following these actions, no filings under the […]
Beneficial Ownership Information Reporting Requirements Back in Effect, with Deadline Extensions
Just before Christmas, on December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit granted a stay of the nationwide preliminary injunction blocking enforcement of the Corporate Transparency Act (“CTA”). The Fifth Circuit’s decision effectively reinstated all CTA filing deadlines for millions of companies created or registered in […]
Update on Federal Law on Corporate Transparency
On December 3, 2024, the U.S. District Court for the Eastern District of Texas, Sherman Division, in Texas Top Cop Shop, Inc., et al. v. Garland, et al., Case No. 4:24-cv-00478-ALM, concluded that the Corporate Transparency Act (the “CTA”) is likely unconstitutional and barred enforcement of the CTA nationwide. The […]
Employment Law Update – November 2024
Federal Judge Strikes Down Department of Labor’s Salary Threshold Increase on Nationwide Basis On November 15, 2024, the U.S. District Court for the Eastern District of Texas vacated and set aside the U.S. Department of Labor (DOL)’s final regulation increasing the salary threshold for the “white collar” exemptions under the Fair Labor Standards Act […]
Employment Law Updates August 2024
We have been tracking federal agency rules regarding noncompete agreements and overtime exemption salary thresholds. One such rule has been struck down while the other is currently in effect but is subject to pending legal challenges. The FTC’s Ban on Noncompete Agreements Has Been Struck Down and Will Not Go […]