CTA Meets the Supreme Court, Litigation Remains Ongoing

By Julia Thomas | January 9, 2025

Published: January 9, 2025 In his article “CTA Meets the Supreme Court”, attorney Austin Alderman shares details pertaining to the Financial Crimes Enforcement Network’s application filing with the Supreme Court of the United States to stay a nationwide injunction of the Corporate Transparency Act (CTA) from the Fifth Circuit. The author writes, “The Supreme Court’s…

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CTA Meets the Supreme Court

By Julia Thomas | January 9, 2025

Published: January 9, 2025 On December 3 the United States Court of Appeals for the Fifth Circuit paused the requirement for reporting companies to file Beneficial Ownership Information Reports (BOIR), as required by the Corporate Transparency Act (CTA). The month of December was a busy one for the CTA as it included: court appeals, initial…

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Corporate Transparency Act Injunction Reinstated, Additional Appeals Anticipated

By Julia Thomas | December 27, 2024

Published: December 27, 2024 (Orlando, FL) Effective December 26, reporting companies are not currently required to comply with the Corporate Transparency Act (CTA) and related reporting obligations. Dean Mead attorney Austin Alderman continues to remain abreast of the ongoing debate within the courts regarding the unconstitutionality of the reporting requirements. The injunction of the CTA…

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Corporate Transparency Act Injunction Reinstated

By Julia Thomas | December 27, 2024

Published: December 27, 2024   Effective December 26, reporting companies are not currently required to comply with the Corporate Transparency Act (CTA) and related reporting obligations. An injunction of the CTA, as ordered by the U.S. District Court for the Eastern District of Texas, follows an ongoing debate within the courts regarding the constitutionality of…

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Corporate Transparency Act Filing Requirements Reinstated: Filing Deadlines Confirmed by Department of Treasury

By Julia Thomas | December 26, 2024

Published: December 26, 2024   On December 23, the Fifth Circuit Court of Appeals granted the government’s motion to stay an injunction previously issued by a Federal District Court in Texas. As a result, filing obligations and enforcement of the Corporate Transparency Act (CTA) are again in effect. — As a result of the decision, reporting…

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FinCEN’s Proposed Rulemaking Impact on Residential Real Estate

By Julia Thomas | May 7, 2024

Published: May 7, 2024 The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, recently proposed a rule aimed at enhancing the transparency in residential real estate transactions and transfers. The intent is to curb money laundering and fraud in the real estate sector through similar requirements to those imposed…

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“Corporate Transparency Act Unconstitutional, Judge Rules” Authored by Attorneys Minton and Alderman

By Julia Thomas | March 4, 2024

Published: March 4, 2024 (Orlando, FL) In their article “Corporate Transparency Act Unconstitutional, Judge Rules,” published by Dean Mead attorneys Michael D. Minton and Austin Alderman, the authors detail the decision made by U.S. District Court Judge Liles C. Burke of the United States District Court for the Northern District of Alabama on March 1,…

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Corporate Transparency Act Unconstitutional, Judge Rules

By Julia Thomas | March 4, 2024

Published: March 4, 2024 The much discussed and maligned Corporate Transparency Act (the “CTA”), which imposes strict requirements on small businesses to report the personal information of their beneficial owners identified as people who exercise “substantial control” over an entity and the professionals that help them prepare the reports, has been declared unconstitutional by U.S….

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