Corporate & Securities Partner Earl Melamed was quoted in the Accounting Today article “CTA and BOI Filing Uncertainty Continues.” The article discusses how the Corporate Transparency Act (CTA) has faced significant legal challenges, given the recent nationwide injunction issued by the District Court for the Eastern District of Texas, which halts enforcement of its beneficial ownership reporting requirements, previously scheduled to take effect Jan. 1, 2025. It notes while some legal experts and business advocates call for extensions and clarity regarding deadlines, others highlight the risks of penalties for non-compliance and instruct companies to prepare for eventual reporting obligations. The article also mentions that The Department of Justice has appealed the injunction, and ongoing lawsuits across multiple jurisdictions may escalate the matter to the Supreme Court.

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