Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 13 DECEMBER 2024

Corporate Transparency Act Update

Peckar & Abramson, P.C.
Peckar & Abramson, P.C.
Contributor
Peckar & Abramson, P.C.

Peckar & Abramson, P.C.

As a firm dedicated to the needs of its clients in the construction industry, P&A employs over 100...

View firm profile
Explore more from Peckar & Abramson, P.C.

There has been a significant legal development with respect to the Corporate Transparency Act ("CTA"). On October 28, 2024...

United StatesCorporate/Commercial Law
David Polazzi
David Polazzi
Brian D. Waller
Brian D. Waller

There has been a significant legal development with respect to the Corporate Transparency Act ("CTA"). On October 28, 2024, we issued a Client Alert summarizing the reporting requirements under the CTA, including an important deadline of January 1, 2025, for the companies that the CTA applied to complete their reporting obligations or be subject to significant civil and criminal penalties.

However, on December 3, 2024, in the case of Texas Top Cop Shop, Inc. v. Merrick Garland (Eastern District of Texas), United States District Judge Amos Mazzant issued a preliminary injunction enjoining compliance with the CTA. This preliminary ruling is enforceable nationwide and affects all aspects of the CTA, including the reporting requirements and compliance deadline pending further order of the Court. In the decision, Judge Mazzant notably determined that the CTA is likely unconstitutional as an impermissible exercise of Congress's legislative power.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Healthcare Trends & Transactions Q2 2026

Healthcare M&A activity maintained steady momentum through Q2 2026, driven by physician practice consolidation, AI-enabled technology acquisitions, and strategic outpatient expansion. Private equity investment persisted despite intensifying regulatory scrutiny of MSO arrangements, while digital health buyers paid significant premiums for platforms demonstrating production-grade AI capabilities and proprietary data assets.
United StatesCorporate/Commercial Law
Bass, Berry & Sims PLC
Bass, Berry & Sims PLC
Article

CLIENT ALERT: 2026 Mid-Year Update On SEC And CFTC Enforcement

The SEC and CFTC have fundamentally shifted their enforcement approach in 2026, moving away from high-volume technical violations toward targeted actions addressing serious fraud and market manipulation. This mid-year update examines new leadership priorities, enhanced inter-agency coordination, revised cooperation policies, the elimination of "no-deny" settlement provisions, and a landmark Supreme Court ruling on disgorgement that collectively reshape the regulatory landscape for market participants.
United StatesCorporate/Commercial Law
Sher Tremonte
Sher Tremonte
Article

Sanofi And Regeneron Expand Immunology Collaboration In Deal Worth Up To $8 Billion

Sanofi and Regeneron Pharmaceuticals announce a major expansion of their immunology partnership, committing up to $8 billion to develop and commercialize four long-acting antibodies targeting key inflammatory pathways. The collaboration includes a $1 billion upfront payment and milestone-based payments, with both companies sharing development costs and future profits equally.
United StatesCorporate/Commercial Law
Goodwin Procter LLP
Goodwin Procter LLP
Article

New Florida Law Adds Licensing Risk To Contractor/Subcontractor Payment Disputes

Florida's new Section 489.1295 establishes licensing consequences for contractors who fail to timely pay subcontractors and suppliers, effective July 1, 2026. The statute creates disciplinary exposure for knowingly or willfully withholding payment, though it includes important exceptions for bona fide disputes and contractual payment terms. Contractors must now navigate potential license sanctions including fines up to $10,000, suspension, or revocation when payment disputes arise.
United StatesReal Estate and Construction
Peckar & Abramson, P.C.
Peckar & Abramson, P.C.
Article

DOL Publishes Final Rule Implementing The Trump Administration’s Policy To “End Illegal Discrimination”

The U.S. Department of Labor has published a final rule implementing President Trump's Executive Order 14173, fundamentally transforming federal contractor compliance obligations. This regulatory change eliminates the sixty-year framework established under Executive Order 11246, ending race- and sex-based affirmative action requirements for federal contractors and subcontractors.
United StatesEmployment and HR
Peckar & Abramson, P.C.
Peckar & Abramson, P.C.
Article

SBA Publishes Final Rule Removing 8(a) Program’s Rebuttable Presumption Of Social Disadvantage

The U.S. Small Business Administration has fundamentally restructured how individually owned firms qualify for the 8(a) Business Development Program by eliminating the longstanding rebuttable presumption of social disadvantage. Under the new evidence-based standard effective September 10, 2026, applicants must now demonstrate group-based discrimination and certify they personally suffered material harm, opening new pathways for claims based on reverse discrimination while maintaining protections
United StatesGovernment, Public Sector
Peckar & Abramson, P.C.
Peckar & Abramson, P.C.
Article

We Won’t Permit That Excuse!

A Texas appellate court's recent ruling on building permits as conditions precedent offers crucial insights for construction contract drafting. The decision highlights the critical distinction between contractual promises and conditions precedent, demonstrating how ambiguous language can lead to unexpected legal outcomes and why contractors must carefully specify owner obligations like site access, permits, and specifications as conditions precedent to protect their interests.
United StatesReal Estate and Construction
Peckar & Abramson, P.C.
Peckar & Abramson, P.C.
Article

Achieving Sustainability Through Design-Build Delivery: Part I – An Overview

Sustainability in construction has evolved from an aspirational goal to a regulatory mandate, fundamentally reshaping how projects are designed and built. This article examines how design-build contracting provides an integrated framework for achieving sustainability objectives, exploring the historical development of environmental regulations, third-party certification systems like LEED and Green Globes, and the contractual mechanisms that enable effective implementation of green building practices.
United StatesReal Estate and Construction
Peckar & Abramson, P.C.
Peckar & Abramson, P.C.
Article

Michael C. Zisa And Phillip Boldt Co-Author D.C. Chapter Of “50-State Guide To Electronic Execution Of The General Agreement Of Indemnity”

Two attorneys from Peckarsky & Associates have co-authored a comprehensive 50-state guide examining how electronic execution affects sureties' rights under general agreements of indemnity. The guide analyzes critical jurisdictional differences in electronic signatures, remote online notarization, and powers of attorney that impact surety professionals' underwriting and claims decisions.
United StatesReal Estate and Construction
Peckar & Abramson, P.C.
Peckar & Abramson, P.C.