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Gianfranco A. Pietrafesa
Partner
Overview
Representative Experience
Areas of Focus
News & Insights
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02.21.2025
Client Advisories
The Corporate Transparency Act is Back, with a New Filing Deadline
Companies that are required to file beneficial ownership information (“BOI”) reports with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”) under the Corporate Transparency Act (“CTA”) must generally do so by the new filing deadline of Friday, March 21, 2025.
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01.24.2025
Client Advisories
A Second Nationwide Preliminary Injunction Continues the Suspension of Required Filings Under the Corporate Transparency Act
On January 23, 2025, the U.S. Supreme Court stayed the nationwide (a.k.a., universal) preliminary injunction preventing the U.S. Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”) from enforcing the Corporate Transparency Act (“CTA”). As a result of the Supreme Court’s decision in the Texas Top Cop Shop case, available here, it was anticipated that reporting companies would be required to file their beneficial ownership information (“BOI”) reports with FinCEN, as provided in the CTA. See our advisory.
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01.23.2025
Client Advisories
U.S. Supreme Court Stays Preliminary Injunction and Reinstates Corporate Transparency Act
On January 23, 2025, the U.S. Supreme Court stayed the nationwide (a.k.a., universal) preliminary injunction preventing the U.S. Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”) from enforcing the Corporate Transparency Act (“CTA”). As a result of the Supreme Court’s decision, available here, reporting companies will now be required to file their beneficial ownership information reports with FinCEN, as provided in the CTA.