Case: 5th Circuit Vacates Emergency Stay of Injunction Enjoining Enforcement of the Corporate Transparency Act (5th Cir.)

The constitutional status quo must be preserved while the merits panel considers both parties’ substantive arguments related to the constitutionality of the Corporate Transparency Act (CTA) on expedited appeal, held the U.S. Court of Appeals for the Fifth Circuit, vacating its December 23 order granting the government’s motion to stay the preliminary injunction enjoining enforcement of the CTA and its reporting rule. [Texas Top Cop Shop, Inc. v. Garland, No. 24-40792 (5th Cir. Dec. 26, 2024)]