The implementation of the Corporate Transparency Act, which requires millions of companies to disclose their true ownership to the government, is back on after a federal judge in Texas reversed an injunction he issued last month.

After nearly a year of legal back-and-forth on whether businesses have to report ownership info to the U.S. Treasury, the requirement is back on. Plus, more trucking news.

Part two of Anthony Sabino’s two-part series analyzing Texas Top Cop Shop, Inc. v. Garland holding the Corporate Transparency Act unconstitutional and prohibiting its enforcement nationwide.

A federal district court in Texas has stayed an injunction that had prevented enforcement of the Corporate Transparency Act and its reporting requirement.

Once again, Beneficial Ownership Information (BOI) reporting obligations under the Corporate Transparency Act (CTA) have been revived. On February 17, a federal judge lifted the stay he had ordered on January 7 in Smith v.

U.S. District Judge Jeremy Kernodle decided to stay an injunction that had prevented the Treasury Department's financial crimes unit from enforcing the new requirement, “in light of the Supreme Court’s order in McHenry v.