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Category: Client Alerts

Mon 30 Dec, 2024 # 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 […]

Thu 26 Dec, 2024 # Client Alerts

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 […]

Mon 9 Dec, 2024 # Client Alerts

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 […]

Tue 19 Nov, 2024 # Client Alerts

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 […]

Thu 22 Aug, 2024 # Client Alerts

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 […]