On March 2, 2025, the U.S. Department of Treasury threw a new twist into the ongoing Corporate Transparency Act (CTA) enforcement saga by announcing that it will not enforce any fines or penalties against any U.S. citizens or domestic reporting companies that fail to...
Beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA) are once again back in effect. In the latest in a line of dizzying decisions surrounding the CTA, in Smith v. U.S. Department of the Treasury, the U.S. District...
In a significant development for businesses in the eCommerce space, the U.S. Supreme Court has declined to review the Second Circuit's decision in Zembrka v. American Girl LLC, a case that allowed for the exercise of personal jurisdiction over a foreign company...
On January 23, 2025, the U.S. Supreme Court stayed a nationwide preliminary injunction issued in Texas Top Cop Shop, Inc. et al. v. Garland et al., creating further legal uncertainty surrounding the Corporate Transparency Act (CTA). Despite this ruling, the Financial...
The Fifth Circuit Court of Appeals hit pause again on the reporting requirements of the Corporate Transparency Act (CTA), continuing a recent series of baffling legal developments. Specifically, on December 26, 2024, the Fifth Circuit reinstated the nationwide...
On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit lifted a Texas District Court’s preliminary injunction that had temporarily paused enforcement of the Federal Corporate Transparency Act (CTA) nationwide in the case of Texas Top Cop Shop, Inc., et...
On December 3, 2024, a Texas federal district court issued a nationwide preliminary injunction temporarily blocking the enforcement of the Corporate Transparency Act (CTA) and its requirement to report the beneficial owners of reporting companies. The ruling in Texas...
As the fourth quarter of 2024 kicks off, businesses are running out of time to determine their compliance obligations under the Federal Corporate Transparency Act (CTA). If your company does not report its beneficial owners by the end of the year, and no exemption...
Here’s the scenario: Your brand has started selling on Amazon, and sales are strong. You’ve invested time and resources to build your presence, and you’re finally gaining traction. However, after some time, you begin to notice a decline in sales, and you are no longer...
Artificial Intelligence (AI) is changing many facets of our lives, from how we work to how we discover new recipes. However, as with any major change, there comes new legal issues lurking around the corner. One of those issues relates to the owner of AI generated...