Nationwide Preliminary Injunction Halts Enforcement of the Corporate Transparency Act: Implications for U.S. Businesses
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction in the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al. (Case No. 4:24-cv-478), halting the enforcement of the Corporate Transparency Act (CTA) and its reporting requirements. This decision has significant implications …